Treasure Global Inc Announces Closing of $4.0 Million Public Offering
2023年12月1日 - 7:30AM
Treasure Global Inc (NASDAQ: TGL) (“TGL” or the “Company”) today
closed its previously announced underwritten public offering of
26,014,000 shares (the “Shares”) of common stock, par value $
$0.00001 per share (“Common Stock”), at a public offering price of
$0.10 per share, and 14,000,000 pre-funded warrants (the
“Pre-Funded Warrants”), each with a right to purchase one share of
Common Stock at a public offering price of $0.0999 per Pre-Funded
Warrant, for aggregate gross proceeds of approximately $4.0
million, prior to deducting underwriting discounts and other
offering expenses. In addition, the Company has granted the
underwriters a 45-day option to purchase up to an additional
6,002,100 shares of Common Stock at the public offering price per
Share and/or pre-funded warrants in lieu thereof at the public
offering price per Pre-Funded Warrant, less the underwriting
discounts to cover over-allotments, if any.
EF Hutton LLC (“EF Hutton”) acted as the sole
book running manager for the offering.
The offering was conducted pursuant to the
Company’s registration statement on Form S-1, as amended (File No.
No. 333-275411), initially filed with the Securities and Exchange
Commission (“SEC”) on November 8, 2023, which was declared
effective by the SEC on November 13, 2023. A final prospectus
relating to the offering was filed with the SEC on November 30,
2023 and is available on the SEC’s website at www.sec.gov.
Electronic copies of the final prospectus relating to this offering
may be obtained from EF Hutton, 590 Madison Avenue, 39th Floor, New
York, NY 10022, Attention: Syndicate Department, or via email at
syndicate@efhuttongroup.com or via telephone at (212) 404-7002.
This press release shall not constitute an offer
to sell or the solicitation of an offer to buy any of the
securities described herein, nor shall there be any sale of these
securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
About Treasure Global Inc
Treasure Global is a Malaysian solutions
provider developing innovative technology platforms. Treasure
Global has developed two technology solutions: the ZCITY App, a
unique digital ecosystem that transforms and simplifies the
e-payment experience for consumers, while simultaneously allowing
them to earn rewards; and TAZTE, a digital F&B management
system providing merchants with a one-stop management and automated
solution to digitalize their businesses. Treasure Global also acts
as a master franchiser in Southeast Asia for popular restaurant
chains, while providing them with the TAZTE solution. As of
November 28, 2023, ZCITY had over 2,670,000 registered users.
Forward-Looking Statements
This press release includes “forward-looking statements” within
the meaning of U.S. federal securities laws. Words such as
“expect,” “estimate,” “project,” “budget,” “forecast,”
“anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,”
“believes,” “predicts,” “potential,” “continue” and similar
expressions are intended to identify such forward-looking
statements. These forward-looking statements involve significant
risks and uncertainties that could cause the actual results to
differ materially from the expected results and, consequently, you
should not rely on these forward-looking statements as predictions
of future events. These forward-looking statements and factors that
may cause such differences include, without limitation, the risks
disclosed in the Company’s Annual Report on Form 10-K filed with
the SEC on September 28, 2023, and in the Company’s other filings
with the SEC. Readers are cautioned not to place undue reliance
upon any forward-looking statements, which speak only as of the
date made. Except as required by law, the Company disclaims any
obligation to update or publicly announce any revisions to any of
the forward-looking statements contained in this press release.
For further information, please contact:
U.S. Investor ContactPhill CarlsonKCSA
Strategic Communicationsir_us@treasuregroup.co
Malaysian Investor
Contactsir_my@treasuregroup.co
Media ContactSue Chuah, Chief Marketing
OfficerTreasure Global Incmediacontact@treasuregroup.co
Treasure Global (NASDAQ:TGL)
過去 株価チャート
から 8 2024 まで 9 2024
Treasure Global (NASDAQ:TGL)
過去 株価チャート
から 9 2023 まで 9 2024