As a result of the recent surge in the company’s shares, the value of Calisto’s stake in Karooooo has increased from $543.7 …
Nasdaq Stock Exchange
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- North Africa
Egyptian tycoon Mostafa Kandil’s SWVL regains compliance with Nasdaq’s audit committee requirements
SWVL Holdings Corp is a global provider of tech-enabled mass transit solutions.
- Southern Africa
South African tech tycoon Zak Calisto scores $60-million gain as Karooooo shares surge
Calisto’s stake in Karooooo has risen by an impressive $60.6 million, growing by 12.5 percent from $485.7 million to $546.3 million.
- Hot News
Egyptian entrepreneur Mostafa Kandil’s SWVL loses unicorn status as market cap declines by $1.36 billion
SWVL’s $1.36-billion crash has caused investors to suffer millions of dollars in losses.
- Hot News
South African-born billionaire Patrick Soon-Shiong’s ImmunityBio executes $50-million equity financing
Soon-Shiong owns a 76-percent stake in ImmunityBio, a late-stage immunotherapy company.
- Hot News
African-American billionaire Robert Smith’s Vista Equity mulls acquisition of Coupa Software
Vista Equity Partners is focused on software investments.