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Treasure Global (NASDAQ: TGL) commits RM11.7M to Tazte Apps software enhancement

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Treasure Global Inc., through its subsidiary TADAA Technologies Sdn Bhd, entered into a Software Enhancement Agreement with Malaysia-based Apexcode Innovations Snd Bhd on March 11, 2026. TADAA engaged Apexcode to provide technology services for its Tazte Apps platform.

TADAA agreed to pay total consideration of Ringgit Malaysia Eleven Million Seven Hundred Thousand (RM11,700,000.00) under the agreement, with payments governed by terms in Appendix C. The contract includes customary representations, warranties, other obligations, and termination provisions, and the full agreement is filed as Exhibit 10.1.

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Insights

TGL commits RM11.7M to upgrade Tazte Apps via a new software agreement.

Treasure Global is committing Ringgit Malaysia Eleven Million Seven Hundred Thousand (RM11,700,000.00) for technology services to enhance its Tazte Apps application. The deal is between subsidiary TADAA Technologies and Malaysian provider Apexcode Innovations, structured as a Software Enhancement Agreement.

The agreement includes customary representations, warranties, obligations, and termination terms, suggesting a standard commercial software engagement rather than an unusual structure. Economic impact will depend on how these enhancements affect Tazte Apps’ user adoption and monetization over time.

The full contract is attached as Exhibit 10.1, which will contain detailed milestones and payment schedules in Appendix C. Subsequent company filings may provide more clarity on how this technology investment contributes to operating performance and revenue trends.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): March 11, 2026

 

TREASURE GLOBAL INC

(Exact name of registrant as specified in its charter)

 

Delaware   001-41476   36-4965082
(State or other jurisdiction
of Incorporation)
  (Commission File Number)   (IRS Employer
Identification Number)

 

276 5th Avenue, Suite 704 #739
New York, New York
  10001
(Address of registrant’s principal executive office)   (Zip code)

 

+6012 643 7688

(Registrant’s telephone number, including area code)

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading symbol(s)   Name of each exchange on which registered
Common Stock, par value $0.00001 per share   TGL   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

Item 1.01 Entry into a Material Definitive Agreement.

 

On March 11, 2026, TADAA Technologies Sdn Bhd (“TADAA”), a subsidiary of Treasure Global Inc., entered into a Software Enhancement Agreement (the “Agreement”) with Apexcode Innovations Snd Bhd (the “Service Provider”), a company incorporated in Malaysia. Pursuant to the Agreement, TADAA engaged the Service Provider to provide various technology services (“Services”) for TADAA’s application, Tazte Apps, in accordance with the terms and conditions therein. TADAA agreed to pay the Service Provider a total consideration of Ringgit Malaysia Eleven Million Seven Hundred Thousand (RM11,700,000.00) for the Services in the manner and terms of payment as set forth in Appendix C under the Agreement.

 

The Agreement contains customary representations, warranties, and agreements by TADAA and the Service Provider, with other obligations of the parties and termination provisions. 

 

The above summary of the Agreement is qualified in its entirety by reference to the full text of the Agreement, which is attached hereto as Exhibit 10.1 and is incorporated herein by reference.

 

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Item 9.01. Financial Statement and Exhibits.

 

(d) Exhibits.

 

Exhibit No.   Description
10.1   Software Enhancement Agreement Dated March 11, 2026 between TADAA Technologies Sdn Bhd and Apexcode Innovations Snd Bhd
104   Cover Page Interactive Data File (embedded with the Inline XBRL document)

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: March 12, 2026 TREASURE GLOBAL INC.
     
  By: /s/ Carlson Thow
  Name: Carlson Thow
  Title: Chief Executive Officer

 

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FAQ

What agreement did Treasure Global Inc. (TGL) announce on March 11, 2026?

Treasure Global Inc., via subsidiary TADAA Technologies Sdn Bhd, entered into a Software Enhancement Agreement with Apexcode Innovations Snd Bhd. The agreement covers technology services to enhance TADAA’s Tazte Apps application under detailed terms, including payment schedules and termination provisions, outlined in the attached exhibit.

How much will Treasure Global’s subsidiary pay under the new software enhancement agreement?

TADAA Technologies Sdn Bhd agreed to pay Apexcode Innovations Snd Bhd Ringgit Malaysia Eleven Million Seven Hundred Thousand (RM11,700,000.00). This total consideration covers the technology services for enhancing the Tazte Apps platform, with timing and structure of payments set out in Appendix C of the agreement.

Who are the parties to Treasure Global’s new software enhancement contract?

The contract is between TADAA Technologies Sdn Bhd, a subsidiary of Treasure Global Inc., and Apexcode Innovations Snd Bhd, a Malaysian company. TADAA is the customer engaging Apexcode as the service provider to deliver software enhancement and related technology services for the Tazte Apps application.

What does the software enhancement agreement cover for Treasure Global (TGL)?

The agreement covers various technology services to enhance TADAA’s Tazte Apps application. It includes customary representations, warranties, and other obligations by both TADAA and Apexcode Innovations, as well as termination provisions. The detailed scope and payment terms are contained in the full contract filed as Exhibit 10.1.

Where can investors find the full details of Treasure Global’s software enhancement agreement?

Full details are contained in the Software Enhancement Agreement dated March 11, 2026, filed as Exhibit 10.1. This exhibit includes the detailed services scope, representations and warranties, termination terms, and Appendix C, which sets out the manner and terms of payment for the RM11,700,000.00 consideration.

Filing Exhibits & Attachments

4 documents
Treasure Global Inc.

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