Treasure Global Concludes Alumni Capital Equity Line Facility to Streamline Capital Structure and Focus on Fintech & Digital-Asset Growth

Rhea-AI Summary

Treasure Global (NASDAQ: TGL) announced it has concluded its equity line facility with Alumni Capital, with the commitment period ending on Dec 31, 2025. All share issuances under the Alumni Facility are complete and there are no early termination penalties or further amounts payable. The company said the conclusion removes additional dilution from this facility and allows focus on scaling OXI Wallet, advancing UNIRWA real‑world‑asset initiatives and integrating Quarters Elite.

Treasure Global said it will continue disciplined capital planning and may assess other financing options, updating investors via SEC filings and public announcements.

Positive

• Equity line commitment ended on Dec 31, 2025
• All share issuances under the Alumni Facility are complete
• No early termination penalties or additional amounts payable
• Company to focus on scaling OXI Wallet and UNIRWA initiatives

Negative

• Company will continue to assess financing options, implying possible future dilution

News Market Reaction

-8.53% 3.5x vol

75 alerts

-8.53% News Effect

+29.5% Peak Tracked

-14.8% Trough Tracked

-$1M Valuation Impact

$14M Market Cap

3.5x Rel. Volume

On the day this news was published, TGL declined 8.53%, reflecting a notable negative market reaction. Argus tracked a peak move of +29.5% during that session. Argus tracked a trough of -14.8% from its starting point during tracking. Our momentum scanner triggered 75 alerts that day, indicating high trading interest and price volatility. This price movement removed approximately $1M from the company's valuation, bringing the market cap to $14M at that time. Trading volume was very high at 3.5x the daily average, suggesting heavy selling pressure.

Data tracked by StockTitan Argus on the day of publication.

Market Reality Check

Price: $6.83 Vol: Volume 161,995 is at 0.06...

low vol

$6.83 Last Close

Volume Volume 161,995 is at 0.06x the 20-day average of 2,503,142. low

Technical Price at 6.92, trading below the 200-day MA of 27.27 after a steep 52-week decline.

Peers on Argus

Peers show mixed moves: ULY up 10.22% and in momentum scanning up 8.55%, while S...

1 Up

Peers show mixed moves: ULY up 10.22% and in momentum scanning up 8.55%, while SOPA and MYSZ are down 24.23% and 5.71%. No broad, same-direction sector move is indicated for TGL.

Historical Context

5 past events · Latest: Dec 11 (Negative)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 11	Registered offering close	Negative	+8.0%	Closed $2.5M registered direct offering of 250,000 common shares.
Dec 10	Fintech growth update	Positive	-40.0%	Accelerated OXI Wallet launch, secured first client, outlined aggressive growth goals.
Dec 10	Registered offering launch	Negative	-40.0%	Announced $2.5M registered direct stock offering under shelf registration.
Dec 08	Revenue outlook raise	Positive	-22.3%	Updated 2026 revenue target to about $3.0M, implying ~1,500%+ growth.
Dec 03	Reverse stock split	Negative	-34.8%	Implemented 1‑for‑20 reverse split to support Nasdaq bid price compliance.

Pattern Detected

Recent history shows sharp selloffs on growth and capital-raising news, with offerings often met negatively and even positive fintech updates drawing large declines.

Recent Company History

Over the last month, Treasure Global executed a 1-for-20 reverse split and faced multiple capital-raising and strategic updates. On Dec 8, 2025, it raised its 2026 revenue target to about $3.0M, followed by OXI Wallet acceleration and a registered direct offering of 250,000 shares for $2.5M. Despite these growth and funding moves, several events saw double‑digit percentage declines, framing today’s focus on simplifying the capital structure and emphasizing fintech and digital-asset execution.

Market Pulse Summary

The stock moved -8.5% in the session following this news. A negative reaction despite this housekeep...

Analysis

The stock moved -8.5% in the session following this news. A negative reaction despite this housekeeping-style announcement would fit a pattern where Treasure Global’s past updates, including a 1-for-20 reverse split and a $2.5M direct offering, often coincided with selling pressure. While the company emphasized no further dilution from this specific equity line and a focus on OXI Wallet and UNIRWA, investors may remain cautious after repeated financings and structural changes, leaving execution risk and capital needs as ongoing concerns.

Key Terms

equity line facility, equity financing, real-world-asset, digital-asset, +1 more

5 terms

equity line facility financial

"announced the conclusion of its previously disclosed equity line facility with Alumni"

An equity line facility is a financing arrangement that lets a company raise money over time by selling newly issued shares to an investor or through a market program, similar to drawing on a credit line but paid with stock instead of cash. It matters to investors because it provides the company with flexible access to cash for growth or obligations, but it can dilute existing shareholders’ ownership and affect the share price as new shares are issued.

equity financing financial

"provided the Company with a discretionary access to equity financing during a defined"

Equity financing is when a company raises money by selling ownership pieces (shares) to investors instead of borrowing; think of selling slices of a pie to get cash for the business. It matters to investors because buying shares gives them a claim on future profits and a voice in decisions, while existing owners give up some control and the value of each slice can change as the company grows or falters.

real-world-asset technical

"advancing the UNIRWA real-world-asset initiatives and integrating Quarters Elite"

A real-world asset is a physical or traditional financial item — such as property, a loan, a commodity, or a bond — that has been represented in digital form on an online ledger or market. Think of it as a digital deed or token that stands for something tangible; for investors this can make large or illiquid holdings easier to buy, sell, or split into smaller pieces, while also introducing new custody, valuation and regulatory risks to consider.

digital-asset technical

"drive recurring fintech and digital-asset revenues."

A digital asset is a piece of value or a right that exists only in electronic form—examples include cryptocurrencies, tokenized shares, or digital collectibles—and is recorded on a secure online ledger rather than as physical paper. Investors care because these assets can offer new ways to trade, diversify, and raise returns, but they also bring higher price swings, unique custody and theft risks, and evolving regulation that can affect liquidity and value.

SEC filings regulatory

"providing further updates through its regular SEC filings and public announcements."

SEC filings are formal documents companies must send to the U.S. Securities and Exchange Commission that disclose key financial results, operations, risks and insider transactions. Think of them as a company’s official report card and instruction manual combined: they provide investors reliable, standardized facts used to evaluate value, spot risks, and compare companies, so missing or misleading filings can materially affect investment decisions.

AI-generated analysis. Not financial advice.

KUALA LUMPUR, Malaysia, Jan. 06, 2026 (GLOBE NEWSWIRE) -- Treasure Global Inc. (NASDAQ: TGL) (“Treasure Global” or the “Company”), a Southeast Asia–anchored technology company, today announced the conclusion of its previously disclosed equity line facility with Alumni Capital LP (“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 (the “Alumni 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.

“The Alumni facility gave us flexibility at a time when we were restructuring the business and building out our platforms,” said Carlson Thow, Chief Executive Officer of Treasure Global. “With the agreement now completed on its original timetable and no further dilution from this facility, we will move into the next phase with a cleaner capital structure and full attention on the execution – scaling OXI Wallet, advancing the UNIRWA real-world-asset initiatives and integrating Quarters Elite to drive recurring fintech and digital-asset revenues.”

Treasure Global remains focused on disciplined capital use and the execution of its growth strategy and will continue to assess financing options as part of its normal capital planning process, providing further updates through its regular SEC filings and public announcements.

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

What did Treasure Global (TGL) announce on January 6, 2026 about the Alumni Facility?

Treasure Global announced the Alumni equity line commitment ended on Dec 31, 2025 and all share issuances under the facility are complete.

Does the concluded Alumni Facility mean Treasure Global (TGL) faces no further dilution from that agreement?

Yes; the company said there will be no further dilution pursuant to the Alumni Facility and no additional amounts payable.

Will Treasure Global (TGL) still seek financing after concluding the Alumni Facility?

The company said it will continue to assess financing options as part of normal capital planning, so future financing remains possible.

How will concluding the Alumni Facility affect Treasure Global's (TGL) strategic focus?

Management said the conclusion enables focus on scaling OXI Wallet, advancing UNIRWA real‑world asset initiatives and integrating Quarters Elite.

Were there any penalties or amounts due to Alumni Capital when the facility ended?

No; Treasure Global stated there are no early termination penalties or additional amounts payable to Alumni Capital.