Walkers Acts on Queen's Gambit Growth Capital (the First Women-Led SPAC) in its Business Combination with Swvl Inc.

Walkers is pleased to have acted as Cayman Islands and British Virgin Islands counsel to Queen’s Gambit Growth Capital (the "Company"), the first special purpose acquisition company founded and led entirely by women, in connection with its combination with Swvl Inc. (“Swvl”), a global provider of transformative tech-enabled mass transit solutions. With the genesis of the Company, it was most befitting that the transaction closed on 31 March 2022, the last day of women's history month. The combined company has changed its name to Swvl Holdings Corp. On April 1, 2022, Swvl Holdings Corp’s Class A ordinary shares and warrants commenced trading on NASDAQ under the ticker symbols “SWVL” and “SWVLW”, respectively.

The Walkers team that of Jennifer Sangaroonthong, Sophie Dibb, Arezou Rezai and Tim Buckley in the Cayman Islands and Omonike Robinson-Pickering and Alex Drysdale in the British Virgin Islands were delighted to have had the opportunity to act on this transaction.

The Company's US counsel was Vinson & Elkins LLP.

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