Treasure Global Inc. concludes financing agreement, avoiding dilution

Written by Emily J. Thompson, Senior Investment Analyst

Source: Globenewswire

Updated: 08 Jan 26

Source: Globenewswire

Treasure Global Inc. experienced a significant price drop of 14.98%, crossing below the 5-day SMA, amid a broader market decline with the Nasdaq-100 down 0.78% and the S&P 500 down 0.07%.

The decline in stock price comes despite the company's announcement of the completion of its equity financing agreement with Alumni Capital, which helps avoid further dilution and supports its restructuring efforts. This agreement allows the company to focus on scaling the OXI Wallet and advancing its initiatives in real-world assets, enhancing future revenue sustainability.

The implications of this financing agreement are crucial for Treasure Global, as it positions the company to strengthen its capital structure and continue its growth strategy in Malaysia's digital economy, particularly in the e-commerce and fintech sectors.

TGL

$4.9235+Infinity%1D

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About TGL

Treasure Global Inc. is a holding company. The Company, through its wholly owned subsidiary, ZCity Sdn Bhd (ZCITY), engages in the payment processing industry and operates an online-to-offline (O2O) e-commerce platform known as ZCITY. The Company has business interests in creating an O2O e-commerce platform with an instant rebate and affiliate cashback program business model, focusing on providing a seamless payment solution and capitalizing on big data using artificial intelligence technology. The Company's product is an Internet application (app) called ZCITY App. ZCITY App drives user app download and transactions by providing instant rebate and cashback. The ZCITY App targets consumers through the provision of personalized deals based on consumers' purchase history, location and preferences. Its technology platform allows it to identify the spending trends of its customers.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Treasure Global Inc. concludes financing agreement, avoiding dilution

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About TGL

About the author

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