Treasure Global Concludes Equity Line Facility with Alumni Capital
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 06 2026
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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.
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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.
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