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Treasure Global Concludes Alumni Capital Equity Line Facility to Streamline Capital Structure and Focus on Fintech & Digital-Asset Growth
Globenewswire· 2026-01-06 13:03
Core Insights - Treasure Global Inc. has concluded its equity line facility with Alumni Capital LP, resulting in no further dilution for the company [1][3] - The equity line facility, established under a Purchase Agreement, provided discretionary access to equity financing until December 31, 2025 [2] - The completion of the facility allows the company to focus on scaling its OXI Wallet and advancing its UNIRWA real-world-asset initiatives without additional financial obligations [4] Company Overview - Treasure Global is a technology solutions provider based in Malaysia, specializing in platforms that drive digital transformation in retail and services [5] - The company's flagship product, the ZCITY Super App, integrates e-payment solutions with customer loyalty rewards, boasting over 2.7 million registered users as of June 2025 [5] - The company leverages advanced technologies such as artificial intelligence and data analytics to enhance its capabilities across e-commerce and fintech sectors [5]
Treasure Global Regains Compliance with Nasdaq Bid Price Requirement
Globenewswire· 2026-01-05 13:35
Core Insights - Treasure Global Inc. has regained compliance with Nasdaq's minimum bid price requirement, allowing its common stock to continue being listed and actively traded on the Nasdaq Stock Market without interruption [1][2][3] Company Overview - Treasure Global is a Malaysia-based technology solutions provider focused on digital transformation in retail and services, with its flagship product being the ZCITY Super App, which integrates e-payment solutions and customer loyalty rewards [3] - As of June 2025, ZCITY has attracted over 2.7 million registered users, establishing Treasure Global as a significant player in Malaysia's digital economy [3] Strategic Positioning - The CEO of Treasure Global expressed satisfaction with the company's compliance status, indicating that the resolution of the listing matter positions the company to execute its strategic plans and focus on long-term shareholder value [3]
Treasure Global Announced Closing of USD 2,500,000 Registered Direct Offering of Common Stock
Globenewswire· 2025-12-12 03:13
Core Viewpoint - Treasure Global Inc. has successfully closed a registered direct offering, raising a total of USD 2,500,000 through the sale of 250,000 shares of its common stock [1]. Group 1: Offering Details - The offering was facilitated by D. Boral Capital LLC, which acted as the exclusive placement agent [2]. - The offering was conducted under the Company's shelf Registration Statement on Form S-3, which was declared effective on March 29, 2024 [3]. Group 2: Company Overview - Treasure Global is a technology solutions provider based in Malaysia, focusing on digital transformation in retail and services [5]. - The flagship product, ZCITY Super App, integrates e-payment solutions with customer loyalty rewards, boasting over 2.7 million registered users as of June 2025 [5]. - The company utilizes advanced technologies such as artificial intelligence and data analytics to enhance its platform across various sectors, including e-commerce and fintech [5].
Treasure Global Announced Closing of USD 2,500,000 Registered Direct Offering of Common Stock
Globenewswire· 2025-12-12 03:13
Core Insights - Treasure Global Inc. has successfully closed a registered direct offering, raising a total of USD 2,500,000 through the sale of 250,000 shares of common stock [1][2]. Company Overview - Treasure Global is a technology solutions provider based in Malaysia, focusing on digital transformation in retail and services [5]. - The company's flagship product, the ZCITY Super App, integrates e-payment solutions with customer loyalty rewards, enhancing the online-to-offline user experience [5]. - As of June 2025, ZCITY has over 2.7 million registered users, establishing Treasure Global as a significant player in Malaysia's digital economy [5]. - The company utilizes advanced technologies such as artificial intelligence and data analytics to improve its platform across various sectors, including e-commerce and fintech [5]. Offering Details - The offering was conducted under the Company's shelf Registration Statement on Form S-3, which was filed with the U.S. Securities and Exchange Commission and became effective on March 29, 2024 [3]. - D. Boral Capital LLC served as the exclusive placement agent for this offering [2].
Treasure Global Accelerates Launch of OXI Wallet, Secures First Corporate Client, and Eyes 100x Growth
Globenewswire· 2025-12-10 14:10
Core Insights - Treasure Global Inc. has accelerated the launch of its OXI wallet, originally scheduled for 1H 2026, and has secured its first corporate client, Legacy Trustee Berhad, which purchased 1,000 Visa cards, generating USD 120,000 in confirmed revenue [1][5] - The OXI wallet aims to onboard 100,000 users by the end of the first year, potentially generating over USD 100 million in total revenue, indicating a 100x growth potential [2][4] - The company has entered into heads of terms for acquiring a 51% equity interest in Quarters Elite Advisory Sdn. Bhd., which manages approximately USD 150 million in client assets, enhancing its distribution capabilities [3][5] Company Strategy - The early launch of OXI wallet and the acquisition of Quarters Elite are part of the company's growth strategy to improve market penetration and accelerate corporate client onboarding [3][5] - OXI wallet supports major blockchain networks and adheres to international KYC and AML standards, featuring an AI-powered portfolio assistant for personalized insights [5][6] - The company expects OXI wallet to contribute significantly to its long-term digital asset strategy, including opportunities in payments, asset tokenization, and broader blockchain-enabled financial services [6] Market Position - Treasure Global is positioned as a key player in Malaysia's digital economy, with its flagship product, the ZCITY Super App, attracting over 2.7 million registered users as of June 2025 [7] - The combination of Legacy Trustee Berhad's reach and Quarters Elite's advisor network is expected to enhance the onboarding of OXI wallet users and generate substantial revenue [4][5]
Treasure Global Raises USD 2,500,000 Through Registered Direct Offering of Common Stock
Globenewswire· 2025-12-10 14:00
KUALA LUMPUR, Malaysia, Dec. 10, 2025 (GLOBE NEWSWIRE) -- Treasure Global Inc. (NASDAQ: TGL) (“Treasure Global” or the “Company”), a Southeast Asia–anchored technology company, today announced that it has entered into securities purchase agreement with certain institutional investors for the purchase and sale of 250,000 shares of its common stock, par value $0.00001 per share, in a registered direct offering, raising gross proceeds of USD 2,500,000, before deducting commissions and offering expenses. The cl ...
Upper Deck Announces Exclusive License Agreement with TGL Presented by SoFi Ahead of Second Season
Globenewswire· 2025-12-08 14:00
CARLSBAD, Calif. and ORLANDO, Fla. , Dec. 08, 2025 (GLOBE NEWSWIRE) -- Upper Deck, the worldwide leader in sports and entertainment collectibles, today announced a new license agreement with TGL, the primetime team golf league. The collaboration will introduce the league’s first trading cards, providing fans even more ways to enjoy the action and connect with their favorite golfers through Upper Deck collectibles. As part of the agreement, Upper Deck will be the exclusive licensed producer of trading cards ...
Morning Market Movers: CETX, TGL, TWG, FULC See Big Swings
RTTNews· 2025-12-08 13:20
Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential trading opportunities before the market opens [1] Premarket Gainers - Cemtrex, Inc. (CETX) has increased by 284% to $11.79 - Treasure Global Inc. (TGL) has risen by 135% to $59.83 - Top Wealth Group Holding Limited (TWG) is up 95% at $11.73 - Fulcrum Therapeutics, Inc. (FULC) has gained 49% to $13.29 - MetaVia Inc. (MTVA) is up 33% at $10.90 - Kymera Therapeutics, Inc. (KYMR) has increased by 31% to $87.58 - Confluent, Inc. (CFLT) is up 27% at $29.40 - Immix Biopharma, Inc. (IMMX) has risen by 23% to $6.85 - Nurix Therapeutics, Inc. (NRIX) is up 18% at $21.46 - SU Group Holdings Limited (SUGP) has increased by 15% to $6.44 [3] Premarket Losers - SMX (Security Matters) Public Limited Company (SMX) has decreased by 27% to $242.01 - Meihua International Medical Technologies Co., Ltd. (MHUA) is down 27% at $10.20 - Polyrizon Ltd. (PLRZ) has declined by 16% to $10.90 - Fly-E Group, Inc. (FLYE) is down 16% at $6.90 - Sensei Biotherapeutics, Inc. (SNSE) has decreased by 14% to $8.29 - Kentucky First Federal Bancorp (KFFB) is down 10% at $4.00 - Arteris, Inc. (AIP) has declined by 7% to $16.27 - Fusion Fuel Green PLC (HTOO) is down 6% at $3.89 - Kamada Ltd. (KMDA) has decreased by 5% to $6.69 - iOThree Limited (IOTR) is down 5% at $3.11 [4]
Treasure Global Updates 2026 Revenue Outlook: Targeting 1,500% Growth Through Fintech and Digital Asset Expansion
Globenewswire· 2025-12-08 13:15
Core Insights - Treasure Global Inc. has updated its full-year 2026 revenue target to approximately USD 3 million, reflecting a projected revenue increase of over 1,500% for the remainder of 2026 compared to Q1 2026 revenues of USD 182,527, driven by the adoption of its fintech and digital asset ecosystem [1][2][9] Revenue Growth Drivers - The updated revenue target is a significant increase from the previous target of approximately USD 1 million announced on December 1, 2025, due to a strengthened capital plan and increased visibility into the commercialization of the OXI wallet and other initiatives [2] - The OXI wallet is set for a market launch in the first half of 2026, expected to manage up to USD 10 billion in user-held digital assets in its first year, generating revenue from various fee-based services [4] - Treasure Global has secured an exclusive partnership to manage 200 million UNIRWA tokens, which could represent up to USD 100 million in underlying assets, contributing to revenue through management and transaction fees [5] - The proposed acquisition of a 51% equity interest in Quarters Elite, managing approximately USD 150 million in client assets, is expected to enhance distribution channels and support recurring revenue streams [6][7] Strategic Initiatives - The combination of the OXI wallet, UNIRWA token initiative, and Quarters Elite acquisition aims to create a connected fintech and digital asset ecosystem, driving revenue growth and diversifying the company's income base [7] - Management emphasizes the scalability and earnings potential of the evolving ecosystem, with a focus on disciplined execution and sustainable growth [8][9] Operational Enhancements - A recent 1-for-20 reverse stock split has been completed to strengthen the per-share price and align with Nasdaq listing requirements, part of ongoing efforts to optimize capital structure [3] - The company is committed to operational efficiency and strategic expansion across fintech and e-commerce verticals to achieve its updated revenue targets [9]
Recent Market Movements: A Spotlight on Notable Companies
Financial Modeling Prep· 2025-12-06 00:00
Core Insights - Recent market movements have highlighted significant price changes in several companies, attracting investor attention [1][6] Company Summaries - Treasure Global Inc. (NASDAQ:TGL) experienced a stock price surge to $18.54, marking an increase of 174.34%, with a trading volume of 10,583,811, following a 1-for-20 reverse stock split to comply with Nasdaq's requirements [2][7] - SMX (Security Matters) Public Limited Company (NASDAQ:SMX) saw its stock price rise to $292.37, an increase of 107.35%, with a trading volume of 3,523,599 shares, driven by the "Multi-Sector Validation Shock" [3][7] - Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) had its stock price increase to $5.72, up by 76.63%, with a trading volume of 76,402,208, as comparisons with CBL & Associates Properties are being made [4][7] - Black Hawk Acquisition Corporation (NASDAQ:BKHAR) experienced a stock price rise to $1.48, an increase of 72.09%, with a trading volume of 50 [5][7] - Newbury Street II Acquisition Corp (NASDAQ:NTWOW) saw its price increase to $0.50, up by 70.31%, with a trading volume of 2,441, indicating growing interest in its strategic moves [5][7]