Swvl Completes Pre-Funding Of $35.5 Million Of PIPE To Accelerate Growth Strategy

DUBAI, Aug. 26, 2021 /PRNewswire/ -- Swvl Inc. ("Swvl" or the "Company"), a Dubai-based provider of transformative mass transit and shared mobility solutions, today announced that several investors, including Agility and Chimera Abu Dhabi, have completed the pre-funding of $35.5 million of the aggregate PIPE subscription raised in connection with the Company's proposed business combination with Queens Gambit Growth Capital (NASDAQ: GMBT). [ABSTRACT FROM PUBLISHER]