Treasure Global Announced Closing of USD 2,500,000 Registered Direct Offering of Common Stock
Treasure Global (NASDAQ: TGL) closed a registered direct offering on Dec 11, 2025, selling 250,000 shares of common stock and receiving gross proceeds of USD 2,500,000 before commissions and offering expenses.
Sentiment and the balance of points
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Rhea-AI Summary
Treasure Global (NASDAQ: TGL) closed a registered direct offering on Dec 11, 2025, selling 250,000 shares of common stock and receiving gross proceeds of USD 2,500,000 before commissions and offering expenses.
The placement agent was D. Boral Capital LLC. The offering was conducted under the company’s shelf Registration Statement on Form S-3 (File No. 333-278171), declared effective on March 29, 2024. A final prospectus supplement and accompanying prospectus were filed with the SEC and are available from D. Boral Capital LLC.
Positive
- Raised USD 2,500,000 in gross proceeds
- Transaction executed under an effective Form S-3 shelf
Negative
- Issued 250,000 new shares, creating shareholder dilution
- Net proceeds reduced by commissions and offering expenses
Details
News Market Reaction – TGL
On Dec 12, the first trading day after this news, TGL closed 15.62% below the previous close.
Data tracked by StockTitan Argus for the Dec 12 session.
Key Figures
- Gross proceeds
- USD 2,500,000
- Registered direct offering gross proceeds before commissions and expenses
- Shares issued
- 250,000 shares
- Common stock sold in registered direct offering
- Par value
- $0.00001 per share
- Par value of common stock issued in the offering
Historical Context
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Accelerated OXI wallet launch and first corporate client with growth targets.
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Announced USD 2,500,000 registered direct equity raise before closing.
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Raised 2026 revenue target to USD 3.0 million with fintech expansion.
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1-for-20 reverse split to support Nasdaq minimum bid compliance.
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Projected 500%+ 2026 revenue growth driven by fintech and digital assets.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
registered direct offering financial
prospectus supplement regulatory
placement agent financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
KUALA LUMPUR, Malaysia, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Treasure Global Inc. (NASDAQ: TGL) (“Treasure Global” or the “Company”), a Southeast Asia–anchored technology company, today announced the closing of its previously announced registered direct offering with certain institutional investors for the purchase and sale of 250,000 shares of its common stock, par value
D. Boral Capital LLC acted as the exclusive placement agent for the offering.
The offering was conducted under the Company’s shelf Registration Statement on Form S-3 (File No.333-278171) filed with the U.S. Securities and Exchange Commission (“SEC”) and declared effective on March 29, 2024. A final prospectus supplement and accompanying prospectus relating to the offering was filed with the SEC and may be obtained from D. Boral Capital LLC, 590 Madison Avenue, 39th Floor, New York, NY 10022, by email at info@dboralcapital.com or by calling (212) 970-5150.
This press release does not constitute an offer to sell, or the solicitation of an offer to buy, any of the Company’s securities in any jurisdiction where such an offer would be unlawful prior to registration or qualification under applicable securities laws.
About Treasure Global:
Treasure Global is a Malaysia-based technology solutions provider specializing in innovative platforms that drive digital transformation in retail and services. The Company’s flagship product is the ZCITY Super App, which integrates e-payment solutions with customer loyalty rewards to create a seamless online-to-offline user experience. As of June 2025, ZCITY has attracted over 2.7 million registered users, positioning Treasure Global as a key player in Malaysia’s digital economy. Treasure Global continuously leverages cutting-edge technologies, including artificial intelligence and data analytics, to enhance its platform’s capabilities across e-commerce, fintech, and other verticals.
Visit treasureglobal.org for more information.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements reflect the Company’s current expectations, assumptions, and projections about future events and are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Forward-looking statements typically include terminology such as “anticipates,” “believes,” “expects,” “intends,” “may,” “plans,” “projects,” “seeks,” “should,” “will,” or similar expressions.
Factors that could cause actual results to differ materially include, without limitation, the Company’s ability to expand its e-commerce platform and F&B distribution business, customer acceptance of new products and services, changes in economic conditions affecting its operations, the outcome of partnership discussions, the impact of global health crises, supply chain disruptions, competition, and regulatory risks related to data privacy and security. Additional risks include volatility in digital asset markets, potential vulnerabilities in custodial security, and evolving global and domestic regulatory frameworks applicable to blockchain technologies. These risks, along with other factors, are discussed in more detail in the Company’s filings with the U.S. Securities and Exchange Commission.
The forward-looking statements in this press release speak only as of the date hereof. The Company assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
CONTACT
Investor and media contact:
Investor Relations Team
Treasure Global
ir_us@treasureglobal.org
FAQ
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