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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 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 ...
Is the QQQ ETF the Smartest Investment You Can Make Today?
The Motley Fool· 2025-12-08 18:00
Core Viewpoint - The Invesco QQQ Trust is highlighted as a leading investment option for exposure to large-cap tech stocks, particularly those involved in artificial intelligence (AI) and related technologies, offering diversification and strong historical performance [1][2][3]. Fund Overview - The Invesco QQQ Trust tracks the Nasdaq-100 index, which includes the 100 largest non-financial stocks in the Nasdaq, with an expense ratio of 0.20% [5]. - The fund has a significant allocation to technology stocks, comprising 64% of its holdings, with consumer discretionary companies making up 18.3% [6]. Performance Metrics - The QQQ has consistently outperformed the Nasdaq Composite over various time frames, with total returns of 21.3% over the past year, 117.2% over three years, and 497.8% over ten years [7]. - A $10,000 investment in the QQQ 20 years ago would be worth $106,600 today, compared to $89,000 for the same investment in the Nasdaq Composite [7]. Top Holdings - The top 10 holdings of the QQQ account for 53% of the fund, with Nvidia, Apple, and Microsoft being the largest contributors [9]. - Most of these companies are involved in AI chip design and development, with Netflix leveraging AI for its streaming services [9][10]. Industry Impact - The fund includes leading cloud computing providers and major players in various tech sectors, contributing to the development of new economic infrastructure [10]. - The companies within the QQQ are established with substantial resources and profitability, with a median market capitalization of $2.44 trillion [13]. Investment Rationale - Investing in the QQQ is presented as a strategy for above-average returns, providing exposure to top tech stocks engaged in significant AI advancements while mitigating risks associated with less established companies [14].
Mastercard: Becoming A Data Analytics Business
Seeking Alpha· 2025-12-05 04:44
Core Insights - The article discusses the author's investment philosophy, focusing on capital appreciation through high-quality undervalued companies and growth stocks that are reasonably priced [1]. Group 1: Investment Strategy - The company emphasizes the importance of investing in high-quality undervalued companies and those with high growth rates [1]. - Dividend-paying stocks are also considered, provided they are from good companies and are correctly priced [1]. Group 2: Community Engagement - The author aims to provide value to the investment community by sharing insights and opinions on stock-picking [1].
Lincoln Financial Appoints Nilanjan (Neel) Adhya as EVP, Chief AI, Data and Analytics Officer
Businesswire· 2025-12-04 21:15
Core Insights - Lincoln Financial has appointed Nilanjan (Neel) Adhya as Executive Vice President, Chief AI, Data and Analytics Officer, effective January 9, 2026, to enhance AI and data capabilities within the company [1][3] Company Overview - Lincoln Financial operates across four core businesses: annuities, life insurance, group protection, and retirement plan services, serving approximately 17 million customers as of December 31, 2024 [5] - The company reported $347 billion in end-of-period account balances, net of reinsurance, as of September 30, 2025 [5] Leadership Background - Adhya previously served as Chief Digital Officer and Global Head of Digital Platforms and Experiences at BlackRock, where he led AI initiatives and modernized digital strategies [2] - He has 25 years of experience in product and customer-experience driven business transformations, including 16 years at IBM in various leadership roles [4] Strategic Vision - Ellen Cooper, Chairman, President and CEO of Lincoln Financial, emphasized the importance of AI and data in optimizing the company's operating model for future growth [3] - Adhya expressed his commitment to applying AI and data in a disciplined manner to enhance customer experience, improve operational efficiency, and foster innovation [5]
Treasure Global Announces 1‑for‑20 Reverse Stock Split to Support Nasdaq Bid Price Compliance
Globenewswire· 2025-12-03 16:50
Core Viewpoint - Treasure Global Inc. will implement a 1-for-20 reverse stock split to increase its common stock trading price and regain compliance with Nasdaq's minimum bid price requirement of USD 1.00 per share [2][3]. Group 1: Reverse Stock Split Details - The reverse stock split will convert twenty current shares into one new share, reducing the total outstanding shares from 16,962,004 to approximately 848,100 [4]. - The reverse stock split will not change the par value of the common stock or the authorized number of shares [4]. - No fractional shares will be issued; all fractional shares will be rounded up to the next whole share [5]. Group 2: Compliance and Approval - The reverse stock split was approved by stockholders on November 24, 2025, with the authority to determine the exact ratio delegated to the Board of Directors [3]. - The reverse stock split is intended to assist in regaining compliance with Nasdaq listing requirements, although long-term compliance cannot be assured [2]. Group 3: Company Overview - Treasure Global is a Malaysia-based technology solutions provider focused on digital transformation in retail and services [7]. - 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 [7].
OpenText named a Leader in 2025 IDC MarketScape for Worldwide Analytical Databases
Prnewswire· 2025-12-02 21:17
Core Insights - OpenText has been recognized as a Leader in the IDC MarketScape for Worldwide Analytical Databases 2025, highlighting its strong position in secure information management for AI [1][2]. Company Overview - OpenText Analytics Database, previously known as Vertica, is an AI-powered query engine designed for handling massive data workloads, providing real-time analytics at petabyte-scale [1]. - The platform emphasizes security, offering strong certifications, robust data protection, and comprehensive audit logging, making it a reliable foundation for AI-driven data workloads [1][2]. Performance and Features - The OpenText Analytics Database is built on a massively parallel processing columnar architecture, ensuring predictable performance for large-scale analytical workloads [4]. - It supports high concurrency and complex queries across various data types, including structured, semi-structured, and time-series data, without performance degradation [4]. - Advanced encoding and compression techniques are utilized to reduce storage requirements while enhancing scan performance, making it suitable for organizations with large, complex datasets [4]. - The platform offers deployment flexibility across on-premises, private cloud, and major public cloud platforms, allowing organizations to modernize incrementally while maintaining existing infrastructure [4]. Market Recognition - OpenText was acknowledged for its strengths in delivering high-performance analytics and security, addressing the increasing demand for real-time insights from vast amounts of data [2].
4 Accident & Health Insurers to Watch Amid Rising Medical Costs
ZACKS· 2025-12-02 18:40
Industry Overview - The Zacks Accident and Health Insurance industry is projected to benefit from increased underwriting exposure, driven by prudent underwriting standards among key players like Aflac, Unum Group, Globe Life, and Trupanion [1] - The industry is expected to grow from approximately $300 billion in 2024 to about $420 billion by 2033, reflecting a compound annual growth rate (CAGR) of 3.8% [3] Current Trends - Pricing pressure is anticipated to continue due to inflation, rising medical costs, and demographic changes, with healthcare spending expected to increase by 5.4% annually through 2028 [4] - Claims frequency is improving due to better safety measures and working conditions, which is expected to enhance the industry's performance [5] - The adoption of technology, including AI and data analytics, is accelerating, potentially reducing workers' compensation claim expenses by about 45% [6] Financial Performance - The Accident and Health Insurance industry has underperformed compared to the Finance sector and the S&P 500, with a year-to-date gain of 5.1% versus 14.2% and 18.2% respectively [9] - The industry is currently trading at a trailing 12-month price-to-book (P/B) ratio of 1.72X, significantly lower than the Zacks S&P 500 composite's 8.47X and the sector's 4.18X [11] Company Highlights - **Aflac**: Focuses on voluntary supplemental health and life insurance, with a projected long-term earnings growth rate of 4.6% and a trailing four-quarter earnings surprise of 9.38% [15][16] - **Unum Group**: Expected premium growth of 3-6% for 2025, with a long-term earnings growth rate of 6%, outperforming the industry average [19][21] - **Globe Life**: Positive revenue trends driven by premium growth in life and health insurance segments, with a projected 3.1% year-over-year increase in earnings for 2026 [23][25] - **Trupanion**: Positioned for growth in the pet insurance market, with a consensus estimate suggesting a 9.4% increase in earnings for 2026 and a trailing four-quarter earnings surprise of 235.42% [27][28]
NetApp Collaborates with AWS to bring Enterprise Data to AWS AI Services
Businesswire· 2025-12-02 18:30
SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the Intelligent Data Infrastructure company, today announced a new capability that enables enterprises to make their workflows simpler and more efficient by connecting Amazon Web Services (AWS) AI and Analytics services directly with their NetApp data both in the cloud and on-premises. Amazon S3 Access Points for Amazon FSx for NetApp ONTAP® enable customers to accelerate AI and analytics projects by allowing FSx for ONTAP-resident file. ...