Treasure Global Announces Completion of $2.5 Million Registered Direct Offering of Common Stock
Company Announcement: Treasure Global Inc. has completed a registered direct offering of 250,000 shares, raising gross proceeds of $2.5 million, with D. Boral Capital LLC serving as the exclusive placement agent.
Business Overview: The company, based in Malaysia, focuses on technology solutions for digital transformation in retail and services, highlighted by its flagship ZCITY Super App, which has over 2.7 million registered users.
Forward-Looking Statements: The press release includes forward-looking statements regarding the company's expectations and potential risks, including market volatility, competition, and regulatory challenges.
Contact Information: For further inquiries, the Investor Relations Team can be contacted via email at ir_us@treasureglobal.org.
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Treasure Global Concludes Alumni Capital Financing Agreement, Avoiding Further Dilution
- Financing Agreement Completion: Treasure Global announced the conclusion of its equity financing agreement with Alumni Capital as scheduled, avoiding further dilution and ensuring a cleaner capital structure for the company.
- Support for Business Restructuring: The financing agreement provided flexibility during the company's restructuring phase, enabling a focus on scaling the OXI Wallet and advancing UNIRWA real-world asset initiatives, which enhances future revenue sustainability.
- Significant User Growth: As of June 2025, the ZCITY Super App has attracted over 2.7 million registered users, solidifying Treasure Global's key position in Malaysia's digital economy and driving growth in e-commerce and fintech sectors.
- Future Development Plans: The company will continue to assess financing options to support its growth strategy and provide further updates through regular SEC filings and public announcements, ensuring transparency and investor confidence.
Treasure Global Closes Direct Offering of 250,000 Shares, Raising $2.5 Million
- Successful Financing: Treasure Global has completed a direct offering with institutional investors, selling 250,000 shares of common stock and raising a total of $2.5 million, providing essential funding for the company's future growth.
- Market Positioning: This financing was conducted under the S-3 registration statement effective March 29, 2024, demonstrating the company's compliance and transparency in capital markets, which helps to enhance investor confidence.
- Product Promotion: As of June 2025, Treasure Global's ZCITY Super App has attracted over 2.7 million registered users, indicating its significant position in Malaysia's digital economy, and the financing will further support product marketing efforts.
- Technological Innovation: The company continuously leverages cutting-edge technologies such as artificial intelligence and data analytics to enhance platform capabilities, and the financing will aid its expansion in e-commerce and fintech, strengthening its competitive edge in the market.
Treasure Global Closes Direct Offering of 250,000 Shares, Raising $2.5 Million
- Successful Financing: Treasure Global has completed a direct offering with institutional investors, selling 250,000 shares of common stock and raising a total of $2.5 million, providing essential funding for future growth initiatives.
- Market Positioning: This offering was conducted under the S-3 registration statement filed in March 2024, demonstrating the company's compliance and transparency in capital markets, which enhances investor confidence.
- Product Promotion: As of June 2025, Treasure Global's ZCITY Super App has attracted over 2.7 million registered users, highlighting its significant position in Malaysia's digital economy and potential for further market share expansion.
- Technological Innovation: The company continuously leverages cutting-edge technologies such as artificial intelligence and data analytics to enhance its platform capabilities across e-commerce and fintech, aiming to drive digital transformation and strengthen its competitive edge.
Treasure Global Announces Completion of $2.5 Million Registered Direct Offering of Common Stock
Company Announcement: Treasure Global Inc. has completed a registered direct offering of 250,000 shares, raising gross proceeds of $2.5 million, with D. Boral Capital LLC serving as the exclusive placement agent.
Business Overview: The company, based in Malaysia, focuses on technology solutions for digital transformation in retail and services, highlighted by its flagship ZCITY Super App, which has over 2.7 million registered users.
Forward-Looking Statements: The press release includes forward-looking statements regarding the company's expectations and potential risks, including market volatility, competition, and regulatory challenges.
Contact Information: For further inquiries, the Investor Relations Team can be contacted via email at ir_us@treasureglobal.org.
What’s Happening with Treasure Global Stock This Wednesday?
Direct Offering Announcement: Treasure Global Inc. announced a $2.5 million registered direct offering of 250,000 shares, which is expected to close around December 11, 2024.
Stock Price Reaction: Following the announcement, Treasure Global's shares fell by 40.01%, closing at $9.43.
Securities Purchase Agreement: The company entered into a securities purchase agreement with institutional investors for the sale of the shares, with D. Boral Capital acting as the exclusive placement agent.
Regulatory Compliance: The offering was conducted under a shelf registration statement effective since March 2024, and a final prospectus supplement will be filed with the SEC.
Treasure Global Accelerates OXI Wallet Launch, Projects Over $1 Million First-Year Revenue
- Accelerated Product Launch: Treasure Global has launched the OXI wallet ahead of its planned 1H 2026 schedule, securing its first corporate client, Legacy Trustee Berhad, which purchased 1,000 Visa cards, generating $120,000 in confirmed revenue, indicating strong market demand for digital asset platforms.
- Significant Revenue Potential: The first-year revenue from OXI wallet is projected to exceed $1 million, with a target of onboarding 100,000 users, potentially generating over $100 million in total revenue, showcasing a 100x growth potential that solidifies the company's position in the digital asset space.
- Strategic Acquisition Plans: Treasure Global is entering into heads of terms to acquire a 51% stake in Quarters Elite Advisory, which manages approximately $150 million in client assets, expected to provide a powerful distribution channel for OXI wallet, enhancing market penetration.
- Technological Innovation and Compliance: OXI wallet supports major blockchain networks and adheres to international KYC and AML standards, featuring an AI-powered portfolio assistant, which is anticipated to drive long-term growth in payments, asset tokenization, and broader blockchain-enabled financial services.
Treasure Global Concludes Alumni Capital Financing Agreement, Avoiding Further Dilution
- Financing Agreement Completion: Treasure Global announced the conclusion of its equity financing agreement with Alumni Capital as scheduled, avoiding further dilution and ensuring a cleaner capital structure for the company.
- Support for Business Restructuring: The financing agreement provided flexibility during the company's restructuring phase, enabling a focus on scaling the OXI Wallet and advancing UNIRWA real-world asset initiatives, which enhances future revenue sustainability.
- Significant User Growth: As of June 2025, the ZCITY Super App has attracted over 2.7 million registered users, solidifying Treasure Global's key position in Malaysia's digital economy and driving growth in e-commerce and fintech sectors.
- Future Development Plans: The company will continue to assess financing options to support its growth strategy and provide further updates through regular SEC filings and public announcements, ensuring transparency and investor confidence.
Treasure Global Closes Direct Offering of 250,000 Shares, Raising $2.5 Million
- Successful Financing: Treasure Global has completed a direct offering with institutional investors, selling 250,000 shares of common stock and raising a total of $2.5 million, providing essential funding for the company's future growth.
- Market Positioning: This financing was conducted under the S-3 registration statement effective March 29, 2024, demonstrating the company's compliance and transparency in capital markets, which helps to enhance investor confidence.
- Product Promotion: As of June 2025, Treasure Global's ZCITY Super App has attracted over 2.7 million registered users, indicating its significant position in Malaysia's digital economy, and the financing will further support product marketing efforts.
- Technological Innovation: The company continuously leverages cutting-edge technologies such as artificial intelligence and data analytics to enhance platform capabilities, and the financing will aid its expansion in e-commerce and fintech, strengthening its competitive edge in the market.
Treasure Global Closes Direct Offering of 250,000 Shares, Raising $2.5 Million
- Successful Financing: Treasure Global has completed a direct offering with institutional investors, selling 250,000 shares of common stock and raising a total of $2.5 million, providing essential funding for future growth initiatives.
- Market Positioning: This offering was conducted under the S-3 registration statement filed in March 2024, demonstrating the company's compliance and transparency in capital markets, which enhances investor confidence.
- Product Promotion: As of June 2025, Treasure Global's ZCITY Super App has attracted over 2.7 million registered users, highlighting its significant position in Malaysia's digital economy and potential for further market share expansion.
- Technological Innovation: The company continuously leverages cutting-edge technologies such as artificial intelligence and data analytics to enhance its platform capabilities across e-commerce and fintech, aiming to drive digital transformation and strengthen its competitive edge.
Treasure Global Announces Completion of $2.5 Million Registered Direct Offering of Common Stock
Company Announcement: Treasure Global Inc. has completed a registered direct offering of 250,000 shares, raising gross proceeds of $2.5 million, with D. Boral Capital LLC serving as the exclusive placement agent.
Business Overview: The company, based in Malaysia, focuses on technology solutions for digital transformation in retail and services, highlighted by its flagship ZCITY Super App, which has over 2.7 million registered users.
Forward-Looking Statements: The press release includes forward-looking statements regarding the company's expectations and potential risks, including market volatility, competition, and regulatory challenges.
Contact Information: For further inquiries, the Investor Relations Team can be contacted via email at ir_us@treasureglobal.org.
What’s Happening with Treasure Global Stock This Wednesday?
Direct Offering Announcement: Treasure Global Inc. announced a $2.5 million registered direct offering of 250,000 shares, which is expected to close around December 11, 2024.
Stock Price Reaction: Following the announcement, Treasure Global's shares fell by 40.01%, closing at $9.43.
Securities Purchase Agreement: The company entered into a securities purchase agreement with institutional investors for the sale of the shares, with D. Boral Capital acting as the exclusive placement agent.
Regulatory Compliance: The offering was conducted under a shelf registration statement effective since March 2024, and a final prospectus supplement will be filed with the SEC.
Treasure Global Accelerates OXI Wallet Launch, Projects Over $1 Million First-Year Revenue
- Accelerated Product Launch: Treasure Global has launched the OXI wallet ahead of its planned 1H 2026 schedule, securing its first corporate client, Legacy Trustee Berhad, which purchased 1,000 Visa cards, generating $120,000 in confirmed revenue, indicating strong market demand for digital asset platforms.
- Significant Revenue Potential: The first-year revenue from OXI wallet is projected to exceed $1 million, with a target of onboarding 100,000 users, potentially generating over $100 million in total revenue, showcasing a 100x growth potential that solidifies the company's position in the digital asset space.
- Strategic Acquisition Plans: Treasure Global is entering into heads of terms to acquire a 51% stake in Quarters Elite Advisory, which manages approximately $150 million in client assets, expected to provide a powerful distribution channel for OXI wallet, enhancing market penetration.
- Technological Innovation and Compliance: OXI wallet supports major blockchain networks and adheres to international KYC and AML standards, featuring an AI-powered portfolio assistant, which is anticipated to drive long-term growth in payments, asset tokenization, and broader blockchain-enabled financial services.
