Treasure Global Files Form 12b-25 to Extend Filing of Annual Report on Form 10-K
Treasure Global (NASDAQ: TGL), a Malaysian technology solutions provider, has filed Form 12b-25 to extend the submission deadline of its Annual Report on Form 10-K for the fiscal year ended June 30, 2025. The company requires additional time to complete audit procedures for certain fiscal year-end accounts.
The company expects to file Form 10-K by October 15, 2025, within the prescribed SEC extension period. Treasure Global operates the ZCITY Super App, which combines e-payment solutions with loyalty rewards, and has accumulated over 2.7 million registered users as of March 2025.
Treasure Global (NASDAQ: TGL), fornitore di soluzioni tecnologiche malaysiano, ha depositato il Form 12b-25 per estendere la scadenza della sottomissione del suo Annual Report sul Form 10-K per l’esercizio chiuso al 30 giugno 2025. L’azienda ha bisogno di più tempo per completare le procedure di audit su alcuni conti di fine anno. Si prevede di presentare il Form 10-K entro il 15 ottobre 2025, nel periodo di estensione previsto dalla SEC. Treasure Global gestisce l’app ZCITY Super, che combina soluzioni di pagamento elettronico con programmi di fidelizzazione, e conta oltre 2,7 milioni di utenti registrati al marzo 2025.
Treasure Global (NASDAQ: TGL), proveedor de soluciones tecnológicas de Malasia, ha presentado el Formulario 12b-25 para ampliar el plazo de presentación de su Informe Anual en Formulario 10-K correspondiente al año fiscal terminado el 30 de junio de 2025. La empresa necesita tiempo adicional para completar los procedimientos de auditoría de ciertas cuentas de cierre de año. Se espera que presente el Formulario 10-K antes del 15 de octubre de 2025, dentro del periodo de extensión permitido por la SEC. Treasure Global opera la aplicación ZCITY Super, que combina soluciones de pago electrónico con programas de fidelización, y ha acumulado más de 2,7 millones de usuarios registrados al marzo de 2025.
Treasure Global(NASDAQ: TGL)은 말레이시아의 기술 솔루션 제공업체로, 2025 회계연도 6월 30일 종료에 대한 연차보고서(Form 10-K) 제출 기한을 연장하기 위해 Form 12b-25를 제출했습니다. 특정 회계연도말 계정의 감사 절차를 완료하기 위한 추가 시간이 필요합니다. 회사는 SEC의 연장 기간 내에 2025년 10월 15일까지 Form 10-K를 제출할 것으로 예상합니다. Treasure Global은 전자지불 솔루션과 로열티 보상을 결합한 ZCITY Super App을 운영하며, 2025년 3월 기준 등록 사용자 수가 270만 명을 넘습니다.
Treasure Global (NASDAQ : TGL), fournisseur malaisien de solutions technologiques, a déposé le formulaire 12b-25 afin de prolonger la date limite de soumission de son rapport annuel sur le formulaire 10-K pour l’exercice clos le 30 juin 2025. L’entreprise a besoin de plus de temps pour mener à bien les procédures d’audit de certaines écritures de fin d’exercice. Elle prévoit déposer le Form 10-K d’ici le 15 octobre 2025, dans la période d’extension autorisée par la SEC. Treasure Global exploite l’application ZCITY Super App, qui combine solutions de paiement électronique et programmes de fidélité, et compte plus de 2,7 millions d’utilisateurs enregistrés au mars 2025.
Treasure Global (NASDAQ: TGL), ein malaysischer Anbieter von Technologielösungen, hat das Formular 12b-25 eingereicht, um die Frist für die Einreichung des Jahresberichts auf dem Formular 10-K für das am 30. Juni 2025 endende Geschäftsjahr zu verlängern. Das Unternehmen benötigt zusätzliche Zeit, um Prüfverfahren für bestimmte Jahresabschlusskonten abzuschließen. Es wird erwartet, dass das Form 10-K bis zum 15. Oktober 2025 eingereicht wird, innerhalb des gesetzlich vorgesehenen SEC-Verlängerungszeitraums. Treasure Global betreibt die ZCITY Super App, die elektronische Zahlungsmöglichkeiten mit Treueprogrammen kombiniert, und hat bis März 2025 mehr als 2,7 Millionen registrierte Nutzer.
Treasure Global (NASDAQ: TGL)، مزود حلول تقنية ماليزي، قدم النموذج 12b-25 لتمديد مهلة تقديم تقاريره السنوية على النموذج 10-K للفترة المنتهية في 30 يونيو 2025. تحتاج الشركة إلى وقت إضافي لاستكمال إجراءات التدقيق لبعض حسابات نهاية السنة. تتوقع الشركة تقديم النموذج 10-K بحلول 15 أكتوبر 2025 ضمن فترة التمديد المقررة من هيئة الأوراق المالية. تشغّل Treasure Global تطبيق ZCITY Super App، الذي يجمع حلول الدفع الإلكتروني مع برامج الولاء، وقد بلغ عدد المستخدمين المسجلين أكثر من 2.7 مليون حتى مارس 2025.
Treasure Global（纳斯达克股票代码：TGL），马来西亚技术解决方案提供商，已提交 Form 12b-25，以延长就截至2025年6月30日的年度报告在 Form 10-K 的提交期限。公司需要更多时间来完成部分期末账户的审计程序。公司预计在 2025年10月15日 内提交 Form 10-K，属于美国证监会规定的延期期限内。Treasure Global 运营 ZCITY Super App 应用，将电子支付解决方案与忠诚度奖励相结合，截至2025年3月，注册用户数已超过 270万。
- Strong user base with 2.7 million registered ZCITY users as of March 2025
- Established presence in Malaysia's digital economy through integrated payment and loyalty platform
- Delay in filing annual Form 10-K report indicates potential accounting or audit complications
- Additional time needed for audit procedures suggests possible internal control or reporting issues
Insights
TGL filed for extended 10-K deadline due to incomplete audit procedures, possibly indicating accounting complications.
Treasure Global's filing of Form 12b-25 to extend its annual report submission deadline raises several potential concerns that investors should be aware of. The company has requested additional time specifically to "complete audit procedures related to certain fiscal year-end accounts," which typically indicates complications with financial reconciliation or verification processes. While the company expects to file within the 15-day grace period (by October 15), this delay disrupts the normal financial reporting cadence that public companies maintain with their investors.
This type of extension is not uncommon among smaller publicly traded companies, but it warrants attention as it could potentially signal underlying accounting issues that required additional scrutiny. The vague description of "certain fiscal year-end accounts" without specific details leaves room for uncertainty about which financial aspects require additional audit work. The delay also postpones the earnings release and investor communications that typically accompany annual reports, temporarily limiting transparency into the company's financial performance for its 2.7 million ZCITY users and technology solutions business in Malaysia.
While this filing itself is merely procedural and compliant with SEC regulations, the underlying reasons for the audit delay are what matter most. The company has properly followed regulatory requirements by filing the Form 12b-25 notification, but investors should watch closely for the actual 10-K filing to assess whether there are any material accounting issues or restatements that prompted the extension request.
KUALA LUMPUR, Malaysia, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Treasure Global Inc. (NASDAQ: TGL) (“Treasure Global” or the “Company”) today announced that it has filed a Notification of Late Filing on Form 12b-25 with the U.S. Securities and Exchange Commission (“SEC”). The filing provides the Company with additional time to submit its Annual Report on Form 10-K for the fiscal year ended June 30, 2025.
The extension is required to allow additional time to complete audit procedures related to certain fiscal year-end accounts.
Treasure Global expects to file its Form 10-K within the prescribed extension period under SEC rules, on or before October 15, 2025.
The Company will provide updated timing for its earnings release and any related investor communications once available.
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 March 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 Inc.
ir_us@treasureglobal.org
FAQ
Why did Treasure Global (TGL) delay filing its 2025 Form 10-K?
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