Treasure Global Concludes Equity Line Facility with Alumni Capital
Treasure Global announced the conclusion of its previously disclosed equity line facility with Alumni Capital, a capital-structure step under which no further dilution will occur pursuant to this agreement. As previously announced on October 10, 2024 and subsequently amended on January 27, 2025, the equity line facility was established under a Purchase Agreement that provided the Company with a discretionary access to equity financing during a defined commitment period ending on December 31, 2025, subject to customary conditions and limitations. The commitment period under the Alumni Facility has now reached its scheduled end in accordance with the terms of the agreement, and the facility has been concluded. All share issuances under the Alumni Facility are now complete, and there are no early termination penalties or additional amounts payable by the Company to Alumni Capital.
