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]

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]

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].

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].

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]

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 ...

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]

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].

KUALA LUMPUR, Malaysia, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Treasure Global Inc. (NASDAQ: TGL) (“Treasure Global” or the “Company”), a Southeast Asia–anchored technology company, today announced an ambitious projection of more than 500% revenue growth for 2026. This anticipated surge is supported by several key operational milestones achieved across its fintech and digital asset ecosystem. These strategic advancements, including the development of the OXI Wallet, the UNIRWA real-world asset (RWA) tokenization ...

Core Insights - Treasure Global Inc. has acquired Quarters Elite Advisory Sdn Bhd, enhancing its OXI Wallet commercialization strategy and expanding its client base in Southeast Asia [1][4][6] Group 1: Acquisition Details - Quarters Elite manages approximately USD 150 million in client assets and has a network of over 350 financial consultants serving nearly 3,000 clients [1][7] - The acquisition is expected to create a long-term revenue opportunity of up to USD 150 million by leveraging Quarters Elite's advisory expertise across various segments [2][4] Group 2: Strategic Benefits - Quarters Elite will act as the marketing and distribution arm for OXI Wallet, providing a cost-effective channel for user acquisition and onboarding [3][4] - The integration is anticipated to significantly reduce customer acquisition costs compared to digital-only channels, enhancing Treasure Global's market presence [3][4] Group 3: Financial Projections - The combined ecosystem aims to support rapid scale, increased transaction velocity, and stronger revenue visibility for OXI Wallet, which is set to launch in the first half of 2026 [4][5] - The acquisition structure includes overriding commissions and performance-based incentives from revenue generated through Quarters Elite's activities, supporting recurring income and long-term margin expansion [4][5] Group 4: Company Background - Treasure Global is a technology solutions provider based in Malaysia, focusing on digital transformation in retail and services, with its flagship product being the ZCITY Super App [8] - As of June 2025, ZCITY has attracted over 2.7 million registered users, positioning the company as a key player in Malaysia's digital economy [8]