Treasure Global Raises Funds Through Stock Offering
Treasure Global Inc. (NASDAQ: TGL), a forward-thinking technology company based in Southeast Asia, has made significant strides in its funding efforts. The company recently entered into a securities purchase agreement targeting specific institutional investors. This agreement allows for the purchase and sale of 250,000 shares of its common stock, valued at $0.00001 per share. Through this registered direct offering, Treasure Global successfully raised gross proceeds of USD 2,500,000, prior to any commissions and expenses related to the offering.
Details of the Offering
The closing date for this offering is anticipated to be around December 11, 2025, pending the fulfillment of standard closing conditions. D. Boral Capital LLC has been appointed as the exclusive placement agent that will facilitate this offering process, reinforcing the company’s commitment to obtaining required future capital effectively.
Compliance with Regulatory Requirements
This capital raise was implemented under the Company's shelf Registration Statement on Form S-3 with the U.S. Securities and Exchange Commission (SEC). The specified filing was declared effective earlier in 2024. Interested parties will have the opportunity to review a final prospectus supplement that, along with an accompanying prospectus, will soon be filed with the SEC.
About Treasure Global and Its Innovations
Treasure Global is at the forefront of providing technological solutions that enable digital transformation in the retail and service sectors. One of its flagship offerings is the ZCITY Super App, which is designed to streamline e-payment processes while integrating customer loyalty rewards. This unique platform enhances the overall user experience for consumers transitioning between online and offline environments.
The popularity of the ZCITY Super App has surged, with over 2.7 million registered users as of mid-2025. This substantial user base positions Treasure Global as a dominant force in Malaysia’s growing digital economy. The company continues to innovate by employing advanced technologies, including artificial intelligence and robust data analytics, to boost its platform's functionalities across various domains such as e-commerce and fintech.
Future Growth and Developments
In light of their recent capital infusion, Treasure Global is strategically poised to expand its e-commerce platforms and enhance its distribution capabilities within the food and beverage sectors. The company remains focused on fostering customer acceptance of new services and products while navigating a fast-evolving economic landscape. By addressing challenges like competitive pressures and maintaining regulatory compliance, Treasure Global aims to protect and grow its market share effectively.
CONTACT INFORMATION
For media inquiries:
Investor Relations Team
Treasure Global
Email: ir_us@treasureglobal.org
Frequently Asked Questions
What is the purpose of the recent stock offering by Treasure Global?
The stock offering aims to raise funds to support the company's growth initiatives and enhance its technological capabilities.
Who are the investors involved in this offering?
The offering involves certain institutional investors who are looking to acquire shares of Treasure Global.
What is the significance of the ZCITY Super App?
The ZCITY Super App integrates payment solutions with customer loyalty rewards, creating a seamless user experience that increases user engagement.
How has Treasure Global's user base grown?
As of June 2025, the ZCITY Super App has attracted over 2.7 million registered users, underscoring its impact on Malaysia's digital economy.
What future developments can we expect from Treasure Global?
Treasure Global plans to expand its e-commerce platform and enhance its capabilities in various sectors, particularly in fintech and retail services.
