Tillkännagivande • Jun 12
Treasure Global Inc., Annual General Meeting, Jul 14, 2026 Treasure Global Inc., Annual General Meeting, Jul 14, 2026. Tillkännagivande • May 16
Treasure Global Inc. announced delayed 10-Q filing On 05/15/2026, Treasure Global Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Tillkännagivande • May 08
Treasure Global Inc. Appoints Tengku Dato' Musahiddin Shah as an Independent Director, Effective May 1, 2026 Treasure Global Inc. announced the appointment of Tengku Dato' Musahiddin Shah as an Independent Director, effective May 1, 2026, reinforcing the Company’s commitment to strengthening its leadership team and board composition as it continues to navigate the evolving market landscape. Over the years, Tengku Dato' Musahiddin Shah has operated at the intersection of government, institutions, and the private sector, managing engagements requiring a high degree of discipline, discretion, and alignment among multiple stakeholders. Through his appointment, the Company is expected to benefit from his extensive experience in navigating government-related frameworks and stakeholder ecosystems in Malaysia, which may support its participation in relevant public-sector initiatives and long-term strategic opportunities in the region. He previously served as Chief Executive Officer of Primus Jems Sdn Bhd and Director of Ropequest Sdn Bhd, where he demonstrated a consistent track record of driving growth, improving operational efficiency, and positioning the business for sustained development. Beyond his professional roles, Tengku Dato' Musahiddin Shah remains actively involved in community and youth development initiatives in Selangor, including serving on the Board of Trustees of SAY Community, supporting programs aimed at long-term societal development. He holds a Bachelor of Mass Communication (Public Relations) from Murdoch University, Australia. Tillkännagivande • Apr 07
Treasure Global Inc. Announces Chief Executive Officer Changes On March 31, 2026, Mr. Carlson Thow informed Treasure Global Inc. (the “Company”) of his resignation as Chief Executive Officer, which was immediately effective. Mr. Thow will remain as a member of the Company’s Board of Directors. On March 31, 2026, Mr. Chong Chan Teo was promoted to the Acting Chief Executive Officer of the Company, effective as of April 1, 2026. Mr. Chong Chan “Sam” Teo is currently serving as the Executive Director and Head of Operations of the Company, bringing extensive leadership experience across fintech, e-commerce, and high-growth technology ventures. From July 2020 to June 2024, Mr. Teo served as the Chief Executive Officer of the Company. Mr. Teo is a seasoned corporate strategist known for building high-performance teams and driving organizational innovation. His career includes key leadership roles such as former CEO of the Company, Director of Business Development at ZCITY, and Managing Director of Modes Cube Sdn Bhd. Across these positions, he led strategic planning, business development, capital budgeting, and operational optimization to scale multiple digital-first businesses. Mr. Teo earned a Bachelor’s Degree in Quantity Surveying from Sheffield Hallam University and a Diploma in Quantity Surveying from Tunku Abdul Rahman College. Tillkännagivande • Feb 18
Treasure Global Inc. announced delayed 10-Q filing On 02/17/2026, Treasure Global Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Tillkännagivande • Feb 04
Treasure Global Inc. has filed a Follow-on Equity Offering in the amount of $10.085 million. Treasure Global Inc. has filed a Follow-on Equity Offering in the amount of $10.085 million.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering Board Change • Dec 30
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Executive Director Sam Teo is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Tillkännagivande • Dec 12
Treasure Global Inc. has completed a Follow-on Equity Offering in the amount of $2.5 million. Treasure Global Inc. has completed a Follow-on Equity Offering in the amount of $2.5 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 250,000
Price\Range: $10
Discount Per Security: $0.7
Transaction Features: Registered Direct Offering Tillkännagivande • Dec 11
Treasure Global Inc. Accelerates Launch of OXI Wallet, Secures First Corporate Client, and Eyes 100x Growth Treasure Global Inc. announced the accelerated release of OXI wallet, its next-generation digital asset platform, ahead of the originally planned 1H 2026 launch schedule. The Company has secured its first corporate client, Legacy Trustee Berhad, which has purchased 1,000 Visa cards, generating USD 120,000 in confirmed revenue from the card sales. Combined with recurring transaction fees from these users, first-year revenue is projected to exceed USD 1 million. With this momentum, OXI wallet is targeting 100,000 users onboarded by the end of the first year, which could generate more than USD 100 million in total revenue, representing a 100x growth potential., a Malaysian financial advisory organization managing approximately USD 150 million in client assets. With a network of over 350 professional consultants serving nearly 3,000 clients, Quarters Elite is expected to provide a powerful distribution channel for OXI wallet, improving market penetration and accelerating corporate client onboarding. OXI wallet supports major blockchain networks, including Binance, Ethereum, TRON, and Solana, and adheres to international KYC and anti-money laundering (AML) standards. The platform also features an AI-powered portfolio assistant that offers personalized, data-driven insights while allowing users to maintain full control over their assets. This feature will be rolled out progressively in selected markets, subject to local regulatory requirements. Treasure Global expects OXI wallet to play a meaningful role in the Company's long-term digital asset strategy, contributing to future opportunities in payments, asset tokenization, staking products, and broader blockchain-enabled financial services. The early launch and strategic partnerships position the Company to capture growing market demand as digital assets mature into mainstream financial infrastructure. Tillkännagivande • Dec 10
Treasure Global Inc. has filed a Follow-on Equity Offering in the amount of $2.5 million. Treasure Global Inc. has filed a Follow-on Equity Offering in the amount of $2.5 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 250,000
Price\Range: $10
Discount Per Security: $0.7
Transaction Features: Registered Direct Offering Tillkännagivande • Dec 09
Treasure Global Inc. Updates Revenue Outlook for the Year 2026 Treasure Global Inc. updated revenue outlook for the year 2026. The company announced an updated full-year 2026 revenue target of approximately USD 3 million. This reflects a projected 1,500%+ revenue increase for the remainder of 2026 (Q2–Q4) versus First Quarter 2026 revenues of USD 182,527, driven by accelerating adoption across the Company’s integrated fintech and digital asset ecosystem. This updated outlook raises the Company’s prior 2026 revenue target of approximately USD 1 million announced on December 1, 2025, reflecting a strengthened capital plan and increased visibility into the commercialization of OXI wallet, the UNIRWA real-world asset token initiative, and the proposed Quarters Elite acquisition. Tillkännagivande • Dec 04
Treasure Global Receives Delisting Notice from Nasdaq On December 2, 2025, Treasure Global Inc. (the Company") received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (Nasdaq") notifying the Company that the Staff has determined to delist the Company's securities from The Nasdaq Capital Market (the Staff Determination"). The Staff Determination was issued because (i) the Company failed to comply with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2), and (ii) pursuant to Nasdaq Listing Rule 5810(c)(3)(A)(iv), the Company is not eligible to receive a compliance period due to having effected a reverse stock split over the prior one-year period and multiple reverse stock splits over the prior two-year period with a cumulative ratio in excess of 250-for-1. As noted in the Staff Determination, the Company effected a 1-for-70 reverse stock split on February 27, 2024, and a 1-for-50 reverse stock split on April 7, 2025, resulting in a cumulative 1-for-3,500 reverse split ratio. The Staff also noted that the closing bid price of the Company's common stock was below $1.00 per share for 30 consecutive business days from October 15 through November 28, 2025. The Company has elected to request a hearing before a Nasdaq Hearings Panel (the Panel") to appeal the Staff Determination. The hearing request automatically stays the suspension of trading in the Company's securities and the filing of the Form 25-NSE with the Securities and Exchange Commission pending the Panel's decision. In connection with the hearing, the Company intends to present a plan to regain compliance with the applicable listing standards. During the appeal process with the Panel, the Company's common stock will continue to be listed and trade on Nasdaq. The Staff Determination does not affect the Company's business operations or its reporting obligations under the Securities Exchange Act of 1934, as amended. Tillkännagivande • Nov 15
Treasure Global Inc. Announces Investment in OXI Wallet Treasure Global Inc. announced its investment to develop OXI Wallet, a next-generation fintech platform. Meticulously designed with a user-centric approach, OXI Wallet aims to deliver institutional-grade security, transparency, regulatory alignment, and enhanced accessibility within a secure, scalable environment capable of supporting up to USD 10 billion in user-held digital assets across its platform during its first operational year. The initiative reinforces Treasure Global's strategy to expand its footprint in blockchain-based financial technology solutions and support the region's growing adoption of digital assets, in compliance with applicable regulations in each market. OXI Wallet is one of the standalone multi-chain digital asset platforms that integrates with Treasure Global's ZCITY Super App, which had over 2.7 million registered users as of June 2025. This ecosystem integration allows ZCITY users to access OXI Wallet's payment features, including card-based solutions for efficient stablecoin off-ramps, bridging traditional and digital finance within the TGL ecosystem. In addition to payment solutions, OXI Wallet will incorporate an AI-powered portfolio assistant that provides data-driven insights and personalized guidance to help users make informed decisions while maintaining full control over their transactions. This feature will initially be available in selected markets, in compliance with applicable local regulations. Treasure Global expects that OXI Wallet may contribute to the development of its digital assets ecosystem and could provide opportunities in payments, asset tokenization, and staking integration in future phases. The Company looks forward to the role OXI Wallet may play in the evolving landscape of digital assets. Treasure Global believes its early and strategic entry positions it to capture meaningful market share as digital assets evolve from speculative instruments into a mainstream component of global financial infrastructure. Tillkännagivande • Oct 16
Treasure Global Inc. Auditor Raises 'Going Concern' Doubt Treasure Global Inc. filed its 10-K on Oct 14, 2025 for the period ending Jun 30, 2025. In this report its auditor, WWC, P.C., gave an unqualified opinion expressing doubt that the company can continue as a going concern. Tillkännagivande • Oct 08
Treasure Global Inc. announced that it expects to receive $0.4 million in funding Treasure Global Inc. entered into a subscription agreement for a private placement to issue 344,828 common shares at an issue price of $1.16 for the proceeds of $400,000 on October 7, 2025. The transaction involves participation of Chan Meng Chun and Chuah Su Chen for the proceeds of $200,000 each. The Shares are subject to transfer restrictions. Tillkännagivande • Oct 01
Treasure Global Inc. announced delayed annual 10-K filing On 09/30/2025, Treasure Global Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. New Risk • Sep 11
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 20% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$6.4m free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). Shareholders have been substantially diluted in the past year (over 158x increase in shares outstanding). Market cap is less than US$10m (US$3.70m market cap). Minor Risk Revenue is less than US$5m (US$1.5m revenue). Tillkännagivande • Jul 10
Treasure Global Inc. Receives Non-Compliance Letter from Nasdaq On July 2, 2025, Treasure Global Inc. (the Company") received a notification letter (the Notification Letter") from the Listing Qualifications Department (the Staff") of the Nasdaq Stock Market LLC (Nasdaq") indicating the Company's failure to satisfy a continued listing standard from Nasdaq under Listing Rule 5620(a). The Notification Letter indicated that the Company failed to hold an annual meeting of stockholders within the required twelve-month period from the end of the Company's fiscal year. The Notification Letter is only a notification of deficiency, not of imminent delisting. Therefore, the Notification Letter has no current effect on the listing or trading of the Company's securities on Nasdaq. In accordance with Nasdaq Listing Rule 5810(c)(2)(G), the Company has 45 calendar days to submit a plan to regain compliance. If the Company submits a plan to regain compliance within the required timeframe and that plan is accepted, the Company may be granted an exception of up to 180 calendar days from the fiscal year end, or June 30, 2025, to regain compliance. In the event the Company's plan is not accepted, the Company's securities may be subject to delisting and the Company will have the opportunity to appeal the Staff's delisting determination to a hearings panel in accordance with the Nasdaq Listing Rule 5815(a). The Company is actively engaged in demonstrating its compliance with applicable requirements for continued listing on Nasdaq. This includes the coordination of an annual meeting of stockholders, set to convene virtually on August 5, 2025. Tillkännagivande • Jul 08
Treasure Global Inc. Announces CFO Changes, Effective from July 1, 2025 Treasure Global Inc. announced on July 1, 2025, Sook Lee Chin informed Treasure Global Inc. (the “Company”) of her resignation as Chief Financial Officer of the company. the Board of Directors of the Company appointed See Wah “Sylvia” Chan as Chief Financial Officer of the Company both effective July 1, 2025. Ms. See Wah “Sylvia” Chan, age 34, has been serving as the Deputy CFO of the Company since June 18, 2025. She is a qualified Chartered Accountant, a member of the Malaysian Institute of Accountants (MIA) and a fellow member of the Association of Chartered Certified Accountants (ACCA). Prior to joining the Company, she served as the Group Financial Controller of a public listed company. As CFO, he will be responsible for overseeing the Company’s overall financial strategy, ensuring sound fiscal management, and leading the finance team to support our strategic objectives. The key responsibilities will include (but are not limited to): Leading the Financial Planning and Analysis Function, Managing Budgeting, Forecasting, and Reporting Processes, Ensuring Compliance with Statutory and Regulatory Financial Requirements, Supporting Strategic Decision-Making with Financial Insights, Advising the CEO and Board on Financial Matters. Tillkännagivande • Jul 02
Treasure Global Inc., Annual General Meeting, Aug 05, 2025 Treasure Global Inc., Annual General Meeting, Aug 05, 2025. Reported Earnings • May 16
Third quarter 2025 earnings released: EPS: US$1.09 (vs US$116 loss in 3Q 2024) Third quarter 2025 results: EPS: US$1.09 (up from US$116 loss in 3Q 2024). Net income: US$1.26m (up US$2.97m from 3Q 2024). Tillkännagivande • Mar 24
Treasure Global Inc. Unveils AI Cloud Infrastructure in Malaysia to Power Trillion-Parameter Models Treasure Global Inc. announced a strategic initiative to develop and deploy an advanced artificial intelligent (AI) cloud infrastructure in Malaysia. This new platform will be capable of supporting AI models up to one trillion parameters, positioning it among the most powerful AI computing environments in Southeast Asia. This initiative represents a significant milestone in TGL's expansion into enterprise-grade AI infrastructure, enabling the next generation of large language models (LLMs), computer vision systems, and generative AI applications. Development of AI cloud platform has commenced, with phased deployment scheduled throughout 2025. To power these advancements, the platform will leverage cutting-edge graphics processing unit (GPU) clusters optimized for large-scale, multi-modal AI workloads. Built on DeepSeek's technology, the infrastructure will provide the high-performance computing capabilities necessary for hosting and training trillion-parameter models - rivaling the largest existing AI environments globally. This trend is also evident in Malaysia, which is rapidly emerging as a regional hub for digital innovation. The country is addressing the increasing demand for scalable computing infrastructure, catering to both public and private sector needs for scalable computing infrastructure, across industries such as finance, healthcare, education, and logistics. TGL’s AI cloud platform is expected to broaden access to high-performance AI capabilities across multiple sectors: Financial Services: Risk analytics, credit scoring, anti-fraud systems. Healthcare: Diagnostic imaging, triage support, medical AI assistants. Retail and Logistics: Demand forecasting, route optimization, and customer personalization. Public Sector and Education: Generative tools, simulation engines, automation. Reported Earnings • Feb 16
Second quarter 2025 earnings released: US$0.011 loss per share (vs US$2.22 loss in 2Q 2024) Second quarter 2025 results: US$0.011 loss per share (improved from US$2.22 loss in 2Q 2024). Revenue: US$301.9k (down 96% from 2Q 2024). Net loss: US$232.3k (loss narrowed 81% from 2Q 2024). Tillkännagivande • Nov 28
Treasure Global Inc. has filed a Follow-on Equity Offering in the amount of $1.177 million. Treasure Global Inc. has filed a Follow-on Equity Offering in the amount of $1.177 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 3,566,668
Price\Range: $0.33
Discount Per Security: $0
Transaction Features: Registered Direct Offering Tillkännagivande • Nov 25
Treasure Global Inc. Receives Notice from Nasdaq Regarding Minimum Closing Bid Price On November 20, 2024, Treasure Global Inc. (the Company") received a written notice (the Notice") from Listing Qualifications Staff of The Nasdaq Stock Market LLC (Nasdaq") stating that for the 30 consecutive business day period between October 8, 2024 through November 19, 2024, the common stock of the Company had not maintained a minimum closing bid price of $1.00 per share required for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2) (the Bid Price Rule"). Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company was provided an initial period of 180 calendar days, or until May 19, 2025 (the Compliance Period"), to regain compliance with the Bid Price Rule. To regain compliance, the closing bid price of the Company's common stock must meet or exceed $1.00 per share for a minimum of 10 consecutive trading days, unless extended by Nasdaq under Nasdaq Rule 5810(c)(3)(H), prior to May 19, 2025. If the Company does not regain compliance with the Bid Price Rule by May 19, 2025, the Company may be eligible for an additional 180-day period to regain compliance. To qualify, the Company would be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the Bid Price Rule, and would need to provide written notice of its intention to cure the bid price deficiency during the second compliance period, by effecting a reverse stock split, if necessary. If the Company cannot regain compliance during the Compliance Period or any subsequently granted compliance period, the common stock of the Company will be subject to delisting. At that time, the Company may appeal the delisting determination to a Nasdaq hearings panel. The notice from Nasdaq has no immediate effect on the listing of the Company's common stock and its common stock will continue to be listed on The Nasdaq Capital Market under the symbol TGL." The Company is currently evaluating its options for regaining compliance. There can be no assurance that the Company will regain compliance with the Bid Price Rule or maintain compliance with any of the other Nasdaq continued listing requirements. Reported Earnings • Nov 17
First quarter 2025 earnings released: US$0.35 loss per share (vs US$7.83 loss in 1Q 2024) First quarter 2025 results: US$0.35 loss per share (improved from US$7.83 loss in 1Q 2024). Revenue: US$207.4k (down 99% from 1Q 2024). Net loss: US$950.7k (loss narrowed 55% from 1Q 2024). Board Change • Oct 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. CEO & Executive Director Thow Carlson is the most experienced director on the board, commencing their role in 2024. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 12
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). CEO & Executive Director Thow Carlson is the most experienced director on the board, commencing their role in 2024. Independent Director Wei Ping Leong was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Tillkännagivande • Sep 03
Treasure Global Inc Announces Board Appointments Treasure Global Inc. announced the appointment of two new independent directors, Mr. Leong Wei Ping and Mr. Anand Ramakrishnan to its Board. This strategic move underscores the Company's ongoing efforts to strengthen its leadership team and enhance its corporate governance as it continues to scale its operations and expand its global presence. Mr. Leong Wei Ping currently serves as an Executive Director at Asia Television Holdings Limited, which he joined in 2020. In this capacity, he is primarily responsible for the planning, organizing, and directing of the organization’s operations and programs, as well as overseeing and reporting on the company’s results to senior management. Additionally, he co-founded ZORIX change in 2022, where he plays a key role in driving company revenue through professional strategies, developing new business opportunities, and expanding the brand’s influence. Mr. Leong holds degrees in Commerce from Curtin University and Macquarie University. With a background at KPMG, he specializes in auditing, advisory services, and mergers and acquisitions. Mr. Leong’s extensive experience in international business operations, strategic planning, and corporate governance will bring valuable insights as the Company continues to grow. Mr. Anand Ramakrishnan currently serves as Group Managing Director and CEO of Invest Energy Group since January 2013. A career-driven entrepreneur, he is results-oriented with a hands-on approach, leading deal origination and execution while managing stakeholders. He has a proven track record in delivering results for complex energy projects and leads a team from concept to commercialization. Mr. Anand holds a Bachelor of Engineering (Hons.) degree in Civil Engineering from the University of Liverpool and a Master of Science in Transport and Business Management from Imperial College, London, UK. His areas of expertise include project assessment, techno-commercial valuation, deal origination and execution, operational management, investment analysis, M&A, fundraising, and asset management. These appointments reflect the Company’s ongoing commitment to strengthening its leadership team with individuals who bring diverse perspectives and deep industry expertise. The Company believes that the addition of Mr. Leong and Mr. Anand will enhance its ability to navigate the evolving technological landscape and seize emerging opportunities. New Risk • Aug 20
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 43% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (43% average weekly change). Earnings have declined by 14% per year over the past 5 years. Shareholders have been substantially diluted in the past year (386% increase in shares outstanding). Market cap is less than US$10m (US$756.7k market cap). Tillkännagivande • Aug 16
Treasure Global Inc. has withdrawn its Follow-on Equity Offering in the amount of $2 million. Treasure Global Inc. has withdrawn its Follow-on Equity Offering in the amount of $2 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 1,063,830
Security Name: Pre-Funded Warrants
Security Type: Equity Warrant
Securities Offered: 1,063,830
Security Name: Series A-1 Warrants
Security Type: Equity Warrant
Securities Offered: 1,063,830
Security Name: Series A-2 Warrants
Security Type: Common Stock
Securities Offered: 1,063,830 Tillkännagivande • Aug 13
Treasure Global Inc. Provides Earnings Guidance for the Fiscal Year Ended June 30, 2024 Treasure Global Inc. provided earnings guidance for the fiscal year ended June 30, 2024. For the period, on a preliminary and pro forma basis Company anticipates Total revenue of approximately $22.1 million. Loss from operations is expected to be approximately $5.6 million his represents a significant improvement, with a reduction of approximately $4.6 million compared to the loss from operations reported in fiscal year 2023. Net loss attributable to common stockholders is expected to total approximately $6.2 million, a decrease of around $5.5 million compared to the net loss for fiscal year 2023. Tillkännagivande • Jul 27
Treasure Global Inc. has filed a Follow-on Equity Offering in the amount of $2 million. Treasure Global Inc. has filed a Follow-on Equity Offering in the amount of $2 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 1,063,830
Security Name: Pre-Funded Warrants
Security Type: Equity Warrant
Securities Offered: 1,063,830
Security Name: Series A-1 Warrants
Security Type: Equity Warrant
Securities Offered: 1,063,830
Security Name: Series A-2 Warrants
Security Type: Common Stock
Securities Offered: 1,063,830 Board Change • Jul 15
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. Independent Non-Executive Director Jeremy Roberts was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Jul 12
Treasure Global Inc. Announces Resignation of Ho Yi Hui as Member of the Board of Directors Treasure Global Inc. notified of Ho Yi Hui’s decision to resign from her position as Executive Director of the Company effective as of June 30, 2024. The Company accepted the resignation of Ho Yi Hui as a member of the Board of Directors of the Company, effective as of June 30, 2024. Tillkännagivande • Jul 09
Treasure Global Inc. (NasdaqCM:TGL) agreed to acquire Who Knows Wins Ltd. Treasure Global Inc. (NasdaqCM:TGL) agreed to acquire Who Knows Wins Ltd on July 8, 2024. Treasure Global 's management team consistently exploring additional accretive acquisition opportunities. Tillkännagivande • Jun 25
Treasure Global Inc. Appoints Henry Chai as Chief Operating Officer Treasure Global Inc. announced the appointment of Mr. Henry Chai, as Chief Operating Officer (COO), marking a strategic move by the Company to usher in a new phase of growth and innovation. Mr. Henry Chai, the newly appointed COO, brings a wealth of strategic vision and valuable insights to the company. His expertise spans overseeing technology operations in blockchain companies and managing software development for broker management systems interfacing with major exchanges like Bursa Malaysia, SGX, Nasdaq, and NYSE. Henry's extensive experience in technology development, product testing, operational maintenance, and driving new business initiatives will play a crucial role in advancing the Company’s operational excellence and growth strategies. As Treasure Global continues to grow and evolve, leadership team anticipates a positive impact on the company’s future. The strategic initiatives and new business ventures under this leadership will reinforce commitment to innovation and excellence. Tillkännagivande • Jun 16
Treasure Global Inc. Announces CEO Changes Treasure Global Inc. announced the appointment of Mr. Carlson Thow as its new Chief Executive Officer, succeeding Mr. Sam Teo, who has resigned from his position. Mr. Thow, previously the Group Chief Legal Officer of Nasdaq-listed VCI Global Limited brings extensive expertise in corporate leadership, business strategy, and driving successful business transformations. During his tenure at VCI Global Limited, Mr. Thow played a pivotal role in guiding the company through a successful transition from a private entity to a publicly listed company on The Nasdaq Stock Market LLC (“Nasdaq”). His strategic vision and leadership were instrumental in overseeing the company’s expansion strategies, driving revenue growth, and enhancing shareholder value. Mr. Thow’s business acumen extends beyond legal matters. He has a proven ability to identify opportunities for operational efficiency, streamline processes, and implement strategic initiatives to drive business performance. His expertise in mergers and acquisitions, capital markets, and corporate finance has been instrumental in shaping successful business strategies for various organizations. Now, as he takes on the role of Chief Executive Officer at Treasure Global, Mr. Thow’s extensive business background and leadership experience will be invaluable in driving the company’s strategic direction, fostering innovation, and delivering sustainable growth. Mr. Thow graduated with a Bachelor of Laws from the University of Northumbria at Newcastle, a Master of Laws from the University of Malaya, and a Master of Business Administration from the University of Lancaster. He also obtained a Certificate of Legal Practice from the Legal Profession Qualifying Board of Malaysia and was admitted as an Advocate and Solicitor of the High Court of Malaya. Tillkännagivande • May 30
Jeffrey Goh Sim Ik entered into a Share Sale and Purchase Agreement to acquire Foodlink Global Sdn Bhd from Treasure Global Inc. (NasdaqCM:TGL) for $0.15 million. Jeffrey Goh Sim Ik entered into a Share Sale and Purchase Agreement to acquire Foodlink Global Sdn Bhd from Treasure Global Inc. (NasdaqCM:TGL) for $0.15 million on May 24, 2024. The consideration consists of $0.1485 million in cash. New Risk • May 16
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$6.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$6.9m free cash flow). Share price has been highly volatile over the past 3 months (25% average weekly change). Earnings have declined by 14% per year over the past 5 years. Shareholders have been substantially diluted in the past year (470% increase in shares outstanding). Market cap is less than US$10m (US$6.72m market cap). Tillkännagivande • May 03
Treasure Global Inc. to Report Q3, 2024 Results on May 14, 2024 Treasure Global Inc. announced that they will report Q3, 2024 results After-Market on May 14, 2024 Tillkännagivande • Apr 24
Treasure Global Inc., Annual General Meeting, Jun 11, 2024 Treasure Global Inc., Annual General Meeting, Jun 11, 2024, at 09:00 US Eastern Standard Time. Agenda: To elect five directors to serve until the 2025 Annual Meeting of Stockholders and until their respective successors are duly elected and qualified; to ratify the selection by our Board of Directors of WWC, P.C. as our independent auditor for the fiscal year ending June 30, 2024; and to transact such other business as may properly come before the meeting. Tillkännagivande • Mar 28
Treasure Global Successfully Regains Compliance with Nasdaq Minimum Bid Price Requirement Treasure Global Inc. announced that it has successfully regained compliance with the minimum bid price requirement set by The Nasdaq Stock Market LLC (“Nasdaq”). The Company has received notification from the Nasdaq Listing Qualifications Staff confirming its compliance with Listing Rule 5550(a)(2), thereby meeting Nasdaq’s maintenance requirements for listing. As a result, the scheduled hearing before the Hearings Panel on April 16, 2024, has been canceled. Tillkännagivande • Mar 23
Treasure Global Inc. has filed a Follow-on Equity Offering in the amount of $2.9909 million. Treasure Global Inc. has filed a Follow-on Equity Offering in the amount of $2.9909 million.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering Tillkännagivande • Mar 21
Treasure Global Receives Written Notice from the Staff of the Nasdaq Regarding Not in Compliance with the Shareholder Approval Requirement of Nasdaq Listing Rule 5635(c) On March 20, 2024, Treasure Global Inc. received a written notice from the staff of The Nasdaq Stock Market LLC (“Nasdaq”) dated March 20, 2024, notifying the Company that (1) it was not in compliance with the shareholder approval requirement of Nasdaq Listing Rule 5635(c) (the “Rule”) because on October 11, 2023, the Company issued restricted shares in the aggregate amount of 1,816,735 in exchange for the cancellation of $321,562.08 of debt, resulting in an effective price per share of $0.176, 1,057,519 of such shares were issued to Chong Chan Teo, the Company’s Chief Executive Officer (the “CEO”), and the closing bid price on the day preceding the signing of the binding agreement was $0.192; (2) the aforementioned issuance of shares to the CEO were issued at a discount and as such, required shareholder approval under the Rule and (3) the Company regained compliance with the Rule on March 13, 2024, when the CEO made a cash payment to the Company to bring the effective price per share to at least the closing bid price on the day preceding the issuance of the shares. Tillkännagivande • Feb 17
Treasure Global Submits Hearing Request to the Nasdaq Hearings Panel to Appeal Nasdaq’s Determination and Submit Compliance Plan On February 15, 2024, Treasure Global Inc. (the ‘Company’) received a letter from the Nasdaq Listing Qualifications Staff of The Nasdaq Stock Market LLC (‘Nasdaq’) stating that the Company has not regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires a minimum bid price of at least $1.00 per share (the ‘Minimum Bid Price Rule’) and that Nasdaq determined that the common stock of the Company will be scheduled for delisting unless the Company requests an appeal of this determination from the Nasdaq Hearings Panel (the ‘Panel’). On February 16, 2024, the Company submitted a hearing request to the Panel to appeal Nasdaq’s determination and submit a compliance plan, which in accordance with Nasdaq rules stays the delisting of the Company’s common stock from Nasdaq pending the Panel’s decision. The Company’s common stock will continue to trade on The Nasdaq Capital Market under the symbol ‘TGL’ pending the ultimate conclusion of the hearing process. There can be no assurance that the Company’s plan will be accepted by the Panel or that, if it is, the Company will be able to regain compliance with the Minimum Bid Price Rule. If the common stock of the Company is delisted, it could be more difficult to buy or sell the common stock of the Company or to obtain accurate quotations, and the price of the shares of common stock of the Company could suffer a material decline. Delisting could also impair the Company’s ability to raise capital. Reported Earnings • Feb 16
Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2024 results: US$0.032 loss per share (improved from US$0.12 loss in 2Q 2023). Revenue: US$6.71m (down 67% from 2Q 2023). Net loss: US$1.20m (loss narrowed 40% from 2Q 2023). Revenue missed analyst estimates by 64%. Earnings per share (EPS) exceeded analyst estimates by 63%. Recent Insider Transactions • Feb 06
CEO, Secretary & Director recently bought US$98k worth of stock On the 2nd of February, Chong Teo bought around 1m shares on-market at roughly US$0.084 per share. This transaction amounted to 42% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Chong has been a buyer over the last 12 months, purchasing a net total of US$199k worth in shares. Tillkännagivande • Feb 01
Treasure Global Inc. to Report Q2, 2024 Results on Feb 15, 2024 Treasure Global Inc. announced that they will report Q2, 2024 results After-Market on Feb 15, 2024 Tillkännagivande • Dec 21
Treasure Global Inc. Launches 10 Mini Games Integrated with AI Game Creator in ZCITY's 3D World, Enters Booming Global Gaming Market Treasure Global Inc. announced the launch of 10 exciting mini-games in ZCITY 3D World, allowing TGL to tap into the projected USD 212.4 billion global gaming industry. The integration is powered by TGL’s Artificial Intelligence (“AI”) Game Creator. This strategic move not only enhances the gaming experience for users, but also positions ZCITY to access the rapidly growing global gaming market. Monetization Opportunities and Future Growth: The introduction of 10 AI-powered mini-games into ZCITY 3D World, coupled with the ability for users to customize their gaming experience, aligns with Treasure Global's commitment to diversifying revenue streams. Through in-game purchases, virtual goods, and AI-driven marketing strategies, ZCITY 3D World is poised to become a dynamic digital marketplace. Tillkännagivande • Nov 30
Treasure Global Inc. has completed a Follow-on Equity Offering in the amount of $4 million. Treasure Global Inc. has completed a Follow-on Equity Offering in the amount of $4 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 26,014,000
Price\Range: $0.1
Security Name: Pre-funded Warrants
Security Type: Equity Warrant
Securities Offered: 14,000,000
Price\Range: $0.0999 New Risk • Nov 19
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 87% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Negative equity (-US$936k). Earnings have declined by 26% per year over the past 5 years. Shareholders have been substantially diluted in the past year (87% increase in shares outstanding). Market cap is less than US$10m (US$7.25m market cap). Reported Earnings • Nov 17
First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2024 results: US$0.11 loss per share (improved from US$0.26 loss in 1Q 2023). Revenue: US$13.5m (down 14% from 1Q 2023). Net loss: US$2.13m (loss narrowed 42% from 1Q 2023). Revenue missed analyst estimates by 8.9%. Earnings per share (EPS) exceeded analyst estimates by 15%. Tillkännagivande • Nov 10
Treasure Global Inc. has filed a Follow-on Equity Offering in the amount of $5 million. Treasure Global Inc. has filed a Follow-on Equity Offering in the amount of $5 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 12,909,888
Price\Range: $0.3873
Discount Per Security: $0.0271
Security Name: Pre-funded Warrants
Security Type: Equity Warrant
Securities Offered: 12,909,888 Tillkännagivande • Nov 09
Treasure Global Inc. to Report Q1, 2024 Results on Nov 14, 2023 Treasure Global Inc. announced that they will report Q1, 2024 results After-Market on Nov 14, 2023 New Risk • Oct 18
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$9.6m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Negative equity (-US$130k). Revenue has declined by 13% over the past year. Market cap is less than US$10m (US$6.34m market cap). Minor Risks Currently unprofitable and not forecast to become profitable next year (US$10m net loss next year). Shareholders have been diluted in the past year (38% increase in shares outstanding). Tillkännagivande • Oct 13
Treasure Global Inc. Receives Non-Compliance Letter from Nasdaq On October 9, 2023, Treasure Global Inc. (the Company) received a written notice (the Notice) from The Nasdaq Stock Market LLC (Nasdaq) dated October 9, 2023, notifying the Company that it is no longer in compliance with the minimum stockholders' equity requirement for continued listing on The Nasdaq Capital Market. Nasdaq Listing Rule 5550(b)(1) requires listed companies to maintain stockholders' equity of at least $2,500,000. In the Company's Annual Report on Form 10-K for the fiscal year ended June 30, 2023, the Company reported stockholders' equity of $(130,332), which is below the minimum stockholders' equity required for continued listing pursuant to Nasdaq Listing Rule 5550(b)(1). In addition, as of October 6, 2023, the Company does not currently meet the alternative compliance standards relating to the market value of listed securities or net income from continuing operations. Under Nasdaq rules, the Company has 45 calendar days to submit a plan or regain compliance. The Notice provides the Company until November 23, 2023 to submit a plan or regain compliance with the minimum stockholders' equity standard. If the Company's plan to regain compliance is accepted, Nasdaq may grant an extension of up to 180 calendar days from the date of the Notice (until April 6, 2024) for the Company to regain compliance. The Company is presently evaluating various courses of action to regain compliance and intends to timely submit a plan to Nasdaq to regain compliance with the Nasdaq Listing Rule 5550(b)(1). However, there can be no assurance that the Company's plan will be accepted or that if it is, the Company will be able to regain compliance and maintain its listing on The Nasdaq Capital Market. If the Company fails to submit a plan to regain compliance with the minimum stockholders' equity standard, or the Company's plan is not accepted, or if Nasdaq grants an extension but the Company does not regain compliance within the extension period, Nasdaq will provide notice that the Company's securities will become subject to delisting. In such event, Nasdaq rules permit the Company to request a hearing before an independent Hearings Panel which has the authority to grant the Company an additional extension of time of up to 180 calendar days to regain compliance. The Notice has no immediate effect on the listing or trading of the Company's common stock on The Nasdaq Capital Market and does not affect the Company's business, operations or reporting requirements with the Securities and Exchange Commission. Reported Earnings • Sep 29
Full year 2023 earnings released: US$0.70 loss per share (vs US$1.12 loss in FY 2022) Full year 2023 results: US$0.70 loss per share (improved from US$1.12 loss in FY 2022). Revenue: US$69.4m (down 13% from FY 2022). Net loss: US$11.7m (flat on FY 2022). Revenue is forecast to grow 1.7% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Media industry in the US. Tillkännagivande • Sep 15
Treasure Global Inc. to Report Fiscal Year 2023 Results on Sep 28, 2023 Treasure Global Inc. announced that they will report fiscal year 2023 results After-Market on Sep 28, 2023 Tillkännagivande • Aug 25
Treasure Global Receives Letter from the Nasdaq Listing Qualifications Staff of the Nasdaq Stock Market Regarding Non-Compliance with Minimum Closing Bid Price Requirement On August 17, 2023, Treasure Global Inc. received a letter from the Nasdaq Listing Qualifications Staff of The Nasdaq Stock Market LLC therein stating that for the 30 consecutive business day period between July 6, 2023 through August 16, 2023, the common stock of the Company had not maintained a minimum closing bid price of $1.00 per share required for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2). Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company was provided an initial period of 180 calendar days, or until February 13, 2024, to regain compliance with the Bid Price Rule. To regain compliance, the closing bid price of the Company’s common stock must meet or exceed $1.00 per share for a minimum of 10 consecutive trading days, unless extended by Nasdaq under Nasdaq Rule 5810(c)(3)(H), prior to February 13, 2024. If the Company does not regain compliance with the Bid Price Rule by February 13, 2024, the Company may be eligible for an additional 180-day period to regain compliance. To qualify, the Company would be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the Bid Price Rule, and would need to provide written notice of its intention to cure the bid price deficiency during the second compliance period, by effecting a reverse stock split, if necessary. If the Company cannot regain compliance during the Compliance Period or any subsequently granted compliance period, the common stock of the Company will be subject to delisting. At that time, the Company may appeal the delisting determination to a Nasdaq hearings panel. The notice from Nasdaq has no immediate effect on the listing of the Company’s common stock and its common stock will continue to be listed on The Nasdaq Capital Market under the symbol “TGL.” The Company is currently evaluating its options for regaining compliance. There can be no assurance that the Company will regain compliance with the Bid Price Rule or maintain compliance with any of the other Nasdaq continued listing requirements. New Risk • Aug 11
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$8.96m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$9.9m free cash flow). Revenue has declined by 8.7% over the past year. Market cap is less than US$10m (US$8.96m market cap). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Tillkännagivande • Aug 10
Treasure Global Enhances ZCITY App Features with AI Personalization Engine with ChatGPT Integration Treasure Global Inc. announced that the integration of its next-gen, personalized AI-powered chatbot assistant, Jojo, into the Company’s proprietary ZCITY app is now live for users. Powered by TGL’s data analysis engine and integrated with ChatGPT, Jojo uses artificial intelligence and deep learning to track users’ personal likes and dislikes to recommend the ideal promotion and product personal to them. From monthly essential spending to online shopping, ZCITY deploys AI to personalize the user experience for its members. The added functionality is expected to enhance user retention and attract new customers to drive revenue growth, as well as allowing merchants to capture expanded data on user behavior and spending patterns. The AI chatbot leverages machine learning to optimize user spending behavior and provide accurate marketing tools to merchants to promote their products and services with cost efficiency. As previously announced in May 2023, the AI Chatbot is powered by TGL’s data analysis engine to provide personalized deals based on users' preferences and purchase history, such as scanned receipts. Once the chatbot feature is activated, users will be able to utilize its advanced functionality to ask questions for various lifestyle and entertainment recommendations, such as restaurants, shopping, and more. Jojo will also have the ability to answer questions related to TGL and the ZCITY app, including details about ongoing campaigns and news. Recent Insider Transactions • Aug 01
CEO, Secretary & Director recently bought US$101k worth of stock On the 27th of July, Chong Teo bought around 122k shares on-market at roughly US$0.83 per share. This transaction amounted to 7.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Chong's only on-market trade for the last 12 months. Tillkännagivande • Jun 07
Treasure Global Inc. Announces Executive Changes Treasure Global Inc. announced that on May 31, 2023 the company received a resignation notice from its Chief Financial Officer, Jaylvin Chan Yee Fei who served as the Company’s principal financial officer and principal accounting officer. Such resignation will be effective on July 31, 2023. On June 5, 2023, the Company’s Board of Directors appointed Chan Meng Chun, age 51, as the Company’s Chief Financial Officer, effective July 31, 2023, who will serve as the Company’s principal financial officer and principal accounting officer. The Company is currently preparing the employment contract under which Mr. Chan Meng Chun will perform his duties as Chief Financial Officer. Mr. Chan Meng Chun currently serves as the Company’s Financial Controller. Mr. Chan Meng Chun has served as the Company’s Financial Controller since January 2023 where he has been handling merging and acquisition, fund raising, finance and accounts matters. From May 2022 to September 2022, he was the Chief Financial Officer for Ikhasas Group of companies handling overall corporate finance including potential IPO, fund raising, banking, tax and accounts. From January 2022 to May 2022, he was the Head of Group Treasury for Sime Darby Plantation Bhd, a public listed company in palm oil upstream and downstream. At Sime Darby Mr. Chan Meng Chun managed group cashflow, including banking facilities, worked on group inter-company reconciliations, financial reports and budget and cashflow plans. From July 2020 to February 2021, Mr. Chan, Meng Chun served as Group Deputy CEO/Group Chief Financial Officer for Smart Glove Holding Sdn Bhd, a Malaysia company that manufactures and export gloves globally. At Smart Glove, Mr. Chan Meng Chun helped the company reorganize and prepare for a potential initial public offering, was involved with financial planning, analysis and treasury among other things. From November 2015 to June 2020 Mr. Chan Meng Chun served as Chief Financial Officer for TS Global Network Sdn Bhd, a member company of PT Telkom Indonesia. At TS Global, Mr. Chan Meng Chun completed restructuring and turnaround of cashflow, lead successful adoption of MFRS standards. Prior to this from April 2013 to November 2015, he was a Chief Financial Officer for a public listed company, Pasukhas Group Bhd. He was with Carimin Group of Companies from May 2000 to Aug. 2012 before leaving as Group Financial Controller. Mr. Chan Meng Chun received his Advance Diploma in Accounting from Institute of Financial Accountants (United Kingdom) in 2007 and a Master’s Degree in Finance and Accounting from University of Wales in 2014. Mr. Chan Meng Chun is a fellow member of the Institute of Public Accountants (Australia) and fellow member of the Institute of Financial Accountants (United Kingdom). Reported Earnings • May 10
Third quarter 2023 earnings released: US$0.17 loss per share (vs US$0.31 loss in 3Q 2022) Third quarter 2023 results: US$0.17 loss per share (improved from US$0.31 loss in 3Q 2022). Revenue: US$18.2m (down 12% from 3Q 2022). Net loss: US$2.93m (loss narrowed 9.3% from 3Q 2022). Reported Earnings • Feb 16
Second quarter 2023 earnings released: US$0.12 loss per share (vs US$0.30 loss in 2Q 2022) Second quarter 2023 results: US$0.12 loss per share (improved from US$0.30 loss in 2Q 2022). Revenue: US$20.4m (down 8.6% from 2Q 2022). Net loss: US$2.01m (loss narrowed 36% from 2Q 2022). Board Change • Feb 14
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Tillkännagivande • Feb 07
Treasure Global Inc. to Report Q2, 2023 Results on Feb 15, 2023 Treasure Global Inc. announced that they will report Q2, 2023 results Pre-Market on Feb 15, 2023 Tillkännagivande • Nov 30
Treasure Global Receives Nasdaq Notice on Late Filing of Its Form 10-Q Treasure Global Inc. announced that it received notice from The Nasdaq Stock Market LLC on November 23, 2022, notifying the Company that it is not in compliance with the periodic filing requirements for continued listing set forth in Nasdaq Listing Rule 5250(c)(1) because the Company’s Form 10-Q for the period ended September 30, 2022, was not timely filed with the Securities and Exchange Commission. As a result of a previous delinquency notice received with respect to the Company’s not yet filed 10-K for the fiscal year ended June 30, 2022, Nasdaq provided the Company until December 19, 2022, to submit a plan to regain compliance or file both the Initial Delinquent Filing and the Subsequent Delinquent Filing. If Nasdaq accepts the Company's plan, then Nasdaq may grant the Company up to 180 days from the prescribed due date of the Initial Delinquent Filing, or March 27, 2023, to file the Initial Delinquent Filing and the Subsequent Delinquent Filing to regain compliance. Nasdaq’s notification letters have no immediate effect on the listing or trading of the Company’s shares. The Company previously announced on October 12, 2022, a delay in the filing of the Initial Delinquent Filing primarily due to completion of the audit process. Management and the audit committee continue to work diligently towards the completion and filing with the SEC of the Initial Delinquent Filing and the Subsequent Delinquent Filing prior to December 19, 2022, which would automatically regain the Company’s compliance with Nasdaq Rule 5250(C)(1). Tillkännagivande • Nov 15
Treasure Global Inc. announced delayed 10-Q filing On 11/14/2022, Treasure Global Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Tillkännagivande • Oct 25
Treasure Global Receives Nasdaq Notice on Late Filing of Its Form 10-K Treasure Global Inc. announced that it received notice from Nasdaq on October 20, 2022, notifying the Company that it is not in compliance with the periodic filing requirements for continued listing set forth in Nasdaq Listing Rule 5250(c)(1) because the Company's Annual Report on Form 10-K for the year ended June 30, 2022 (“Fiscal Year 2022 10-K”) was not filed with the Securities and Exchange Commission (“SEC”) by the required due date of September 28, 2022. The notice received from Nasdaq has no immediate effect on the listing or trading of the Company's shares. Nasdaq has provided the Company with 60 calendar days, until December 19, 2022, to submit a plan to regain compliance. If Nasdaq accepts the Company's plan, then Nasdaq may grant the Company up to 180 days from the prescribed due date, or March 27, 2023, for the filing of the Fiscal Year 2022 10-K to regain compliance. The Company announced on October 12, 2022, a delay in the filing of its Annual Report primarily due to completion of the audit process. The Company expects and intends to submit to Nasdaq its compliance plan by December 19, 2022. Management and the audit committee continue to work diligently towards the completion of the Annual Report and continues to target filing the Fiscal Year 2022 10-K with the SEC prior to the expiration of the 60-day period referred to above, which would automatically regain the Company’s compliance with Nasdaq Rule 5250(C)(1). This announcement is made in compliance with Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification. Tillkännagivande • Aug 13
Treasure Global Inc. has completed an IPO in the amount of $8 million. Treasure Global Inc. has completed an IPO in the amount of $8 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 2,000,000
Price\Range: $4
Discount Per Security: $0.28