false
0001905956
0001905956
2024-11-27
2024-11-27
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
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):
November 27, 2024
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 November 27, 2024, Treasure Global Inc (the
“Company”) entered into a subscription agreement (the “Subscription Agreement”) with certain investors (the “Investors”).
Pursuant to the Subscription Agreement, the Investors agreed to invest an aggregate amount of $1,177,000.00 (the “Investment Amount”)
into the Company for 3,566,668 shares of the Company’s common stock (the “Offered Shares”), par value $0.00001 at a
negotiated purchase price of $0.33 (the “Offering”).The Investment Amount shall become due and payable when Offered Shares
are registered under an effective Registration Statement filed by the Company with the Securities Exchange Commission. Investors shall
make the payment within seven (7) days from the date of the Subscription Agreement. The Offering is expected to close on November 29,
2024, subject to the satisfaction of customary closing conditions.
All amounts payable by the Investor under this
Subscription Agreement shall be paid in full, and in the currency mutually agreed upon, and free of and without any deduction or withholding
for any current or future taxes, levies, duties, charges or other deductions or withholdings levied in any jurisdiction from or through
which payment is made. The Company intends to use the net proceeds from this Offering for working capital and general corporate purposes.
The Subscription Agreements contain representations,
warranties and agreements by the Company, customary conditions to closing, indemnification obligations of the Company, other obligations
of the parties and termination provisions. The representations, warranties and covenants contained in the Subscription Agreements were
made only for the purposes of such agreements and as of the specific dates, were solely for the benefit of the parties to such agreements
and may be subject to limitations agreed upon by the contracting parties.
The Offered Shares are being sold pursuant to
a prospectus supplement dated November 27, 2024 and accompanying base prospectus dated March 29, 2024. The prospectus supplement and accompanying
base prospectus are related to the Company’s effective registration statement on Form S-3 (Registration Statement No. 333-278171)
that was originally filed with the Securities and Exchange Commission on March 22, 2024, and which was declared effective on March 29,
2024.
Capitalized terms used herein and not otherwise
defined are defined as set forth in the Subscription Agreement. The description of the Subscription Agreement contained in this Current
Report on Form 8-K does not purport to be complete and is qualified by reference to the copy of the Subscription Agreement filed as Exhibit
10.1 to this Current Report on Form 8-K.
Item 8.01. Other Events
On November 27, 2024, we filed the Prospectus
Supplement, dated as of November 27, 2024 under the registration statement on Form S-3 (File No. 333-278171), in respect of the financing
with the Investors. The Prospectus Supplement included certain updated disclosures regarding the Company, in particular, in the sections
captioned “Prospectus Supplement Summary-Recent Developments”. In addition, the Company is filing, as exhibits hereto, an
opinion of Sichenzia Ross Ference Carmel LLP as Exhibit 5.1 and the consent of WWC, P.C., as Exhibit 5.1 and Exhibit 23.1, respectively.
Item 9.01. Financial Statement and Exhibits.
(d) Exhibits.
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: November 27, 2024 |
TREASURE GLOBAL INC. |
|
|
|
|
By: |
/s/ Carlson Thow |
|
Name: |
Carlson Thow |
|
Title: |
Chief Executive Officer |
2
Exhibit 5.1
November 27, 2024
Treasure Global Inc
276 5th Avenue, Suite 704 #739
New York, New York
Re: TREASURE GLOBAL INC
Ladies and Gentlemen,
We have acted as counsel to Treasure Global Inc, a Delaware corporation
(the “Company”), in connection with the issuance of this opinion that relates to the a prospectus supplement dated November
27, 2024 and the accompanying base prospectus dated March 29, 2024 (together, the “Prospectus”) filed by the Company with
the Securities and Exchange Commission pursuant to Rule 424(b)5) under the Securities Act of 1933, as amended (the “Securities Act”).
The Prospectus is related to the Company’s Registration Statement on Form S-3 (No. 333-278171). The Prospectus covers the sale,
by the Company to certain investors of 3,566,668 shares (the “Shares”) of common stock, par value $0.00001 per share, of the
Company (“Common Stock”) at a negotiated purchase price of $0.33 per share of Common Stock, pursuant to a subscription agreement
(the “Subscription Agreement”) among the Company and certain Investors, dated as of November 27, 2024.
This opinion letter is being
delivered in accordance with the requirements of Item 601(b)(5)(i) of Regulation S-K under the Securities Act, and no opinion is expressed
herein as to any matter pertaining to the contents of the Registration Statement.
In connection with the issuance
of this opinion letter, we have examined originals or copies, certified or otherwise identified to our satisfaction, of such records of
the Company and such agreements, certificates and receipts of public officials, certificates of officers or other representatives of the
Company and others, and such other documents as we have deemed necessary or appropriate as a basis for the opinions stated below. As to
any facts relevant to the opinions stated herein that we did not independently establish or verify, we have relied upon statements and
representations of officers and other representatives of the Company and of public officials.
In our examination, we have
assumed (i) the genuineness of all signatures, including endorsements, (ii) the legal capacity and competency of all natural persons,
(iii) the authenticity of all documents submitted to us as originals, (iv) the conformity to original documents of all documents submitted
to us as facsimile, electronic, certified or photostatic copies, and the authenticity of the originals of such copies and (v) the accuracy,
completeness and authenticity of certificates of public officials.
Based upon the foregoing and
subject to the qualifications and assumptions stated herein, we are of the opinion that the Shares have been duly authorized by all requisite
corporate action on the part of the Company under the Delaware General Corporation Law (“DGCL”) and, when the Shares are delivered
and paid for in accordance with the terms of the Purchase Agreement and when evidence of the issuance thereof is duly recorded in the
Company’s books and records, the Shares will be validly issued, fully paid and non-assessable.
1185 AVENUE OF THE AMERICAS
| 31ST FLOOR | NEW YORK, NY | 10036
T (212) 930-9700 | F (212) 930-9725 | WWW.SRFC.LAW
Our opinion is expressly limited
to the matters set forth above, and we render no opinion, whether by implication or otherwise, as to any other matters relating to the
Company, the Shares, the Purchase Agreement or any other agreements or transactions that may be related thereto or contemplated thereby.
We are expressing no opinion as to any obligations that parties other than the Company may have under or in respect of the Shares or as
to the effect that their performance of such obligations may have upon any of the matters referred to above. No opinion may be implied
or inferred beyond the opinion expressly stated above.
The opinion we render herein
is limited to those matters governed by the DGCL as of the date hereof and we disclaim any obligation to revise or supplement the opinion
rendered herein should the above-referenced laws be changed by legislative or regulatory action, judicial decision or otherwise. We express
no opinion as to whether, or the extent to which, the laws of any particular jurisdiction apply to the subject matter hereof.
This opinion letter is rendered
as of the date first written above, and we disclaim any obligation to advise you of facts, circumstances, events or developments that
hereafter may be brought to our attention or that may alter, affect or modify the opinion expressed herein.
We hereby consent to the filing
of this opinion as an exhibit to the Registration Statement. We also hereby consent to the reference to our firm under the heading “Legal
Matters” in the Registration Statement. In giving this consent, we do not thereby admit that we are within the category of persons
whose consent is required under Section 7 of the Securities Act or the General Rules and Regulations under the Securities Act. It is understood
that this opinion is to be used only in connection with the offer and sale of the Shares being registered while the Registration Statement
is effective under the Securities Act.
Very truly yours, |
|
|
|
|
/s/ Sichenzia Ross Ference Carmel LLP |
|
|
|
Sichenzia Ross Ference Carmel LLP |
1185 AVENUE OF THE AMERICAS
| 31ST FLOOR | NEW YORK, NY | 10036
T (212) 930-9700 | F (212) 930-9725 | WWW.SRFC.LAW
Exhibit
10.1
Subscription Agreement
Dated
27 November 2024
(1)
TREASURE GLOBAL INC
(Registration
No. 790821)
(“Company” or “TGL”)
AND
(2)
V INVESCO FUND (L) LIMITED
(Registration
No: LL17636)
(“VIFL”)
AND
(3)
CHAI JIA MIN
(NRIC
No: 960730-13-5184)
(“CJM”)
SUBSCRIPTION
AGREEMENT
THIS
SUBSCRIPTION AGREEMENT is made on 27 November 2024.
BETWEEN
| (1) | TREASURE
GLOBAL INC (Registration No. 790821), a company incorporated in Delaware and having an
address for service at 276, 5th Avenue Suite, 704 #739 New York, NY 10001, United States
(“Company” or “TGL”) of the first part; |
AND
(2) | V
INVESCO FUND (L) LIMITED (Registration No: LL17636), a company incorporated in the Federal
Territory of Labuan Malaysia and having its registered office at Lot A020, Level 1, Podium
Level, Financial Park, Jalan Merdeka, 87000 Labuan, Wilayah Persekutuan, Malaysia (“VIFL”)
of the second part; and |
AND
(3) | CHAI
JIA MIN (NRIC No: 960730-13-5184), a Malaysian citizen having an address for service
at No. 19, Jalan SP 6/7, Taman Segar Perdana, 56100 Cheras, Kuala Lumpur, Wilayah Persekutuan,
Malaysia (“CJM”) of the third part. |
(VIFL
and CJM shall hereinafter be referred to each as an “Investor” and collectively, as “Investors”.
TGL and the Investors shall hereinafter be referred to each as “Party” and collectively as “Parties”.)
RECITALS
(A) | The
Company is a Malaysian solutions provider developing innovative technology platforms. |
(B) | The
Parties hereby agree that the Investors shall invest an aggregate amount of USD 1,177,000.00
(United States Dollar One Million One Hundred and Seventy-Seven Thousand) (“Investment
Amount”) into the Company for the Sale Shares which will be issued to the Investors
and that the Investment Amount shall be payable to the Company subject to and upon the terms
and conditions of this Agreement. |
OPERATIVE
PROVISIONS
In
this Agreement unless there is something in the subject or context inconsistent with such construction or unless it is otherwise expressly provided:-
| Agreement | means
this Agreement concerning the Sale Shares of TGL, in which includes all schedules and appendices
hereunder; |
| | |
| Business
Day | means
a day, excluding Saturday, Sunday or public holiday (gazetted or ungazetted and whether scheduled
or unscheduled) on which banks and financial institutions are open for business in Kuala
Lumpur; |
| Claim | Includes,
amongst others, any notice, demand, assessment, letter or other document issued or action
taken by the fiscal authorities in Malaysia or other statutory or governmental authority,
body or official whatsoever whereby the Company is or may be placed or sought to be placed
under a liability to make payment or deprived of any relief, allowance, credit or repayment
otherwise available; |
| Completion | means
the completion of the subscription of Sale Shares by the Investor, and allotment and issuance
of the Sale Shares in accordance with Clause 5 of this Agreement; |
| | |
| Completion
Date | means
within fourteen (14) days from the Unconditional Date or such other date the Parties may agree in writing; |
| | |
| Investment
Amount | has
the meaning as ascribed thereto in Recital (B); |
| | |
| Material Adverse
Change | means
an event or circumstance that constitutes a material adverse change in the business, assets,
financial or operation position or prospects of TGL and its group of companies; |
| Parties | means
collectively, the Investor and the Company and the expression “Party”
shall refer to any one of them as the context may require; |
| | |
| Registration
Statement | means
a registration statement on Form S-1 or Form S-3 covering the resale by the Investor of the
Sale Shares; |
| | |
| Sale
Shares | means
3,566,668 TGL Shares at a determined issuance price of USD0.33 (United States Dollar Thirty-Three
Cents) per TGL Share; |
| SEC | means
the United States Securities and Exchange Commission; |
| | |
| Unconditional
Date | has
the meaning as ascribed thereto in Clause 4; and |
| Warranties | means
the representations and warranties of the Company as set out in this Agreement, including
but not limited to the representations and warranties set out in Clause 6. |
| 2.1 | In
this Agreement, words importing the singular or the masculine gender will include the plural
or the feminine/neuter genders or vice versa and references to persons include any individual,
company, corporation, firm, partnership, joint venture, association, organisation, trust,
state or agency of a state. |
| 2.2 | The
headings and sub-headings in this Agreement are inserted for convenience only and are to
be ignored when construing the provisions of this Agreement. |
| 2.3 | Any
reference to statutes and rules made include any amendment, modification, consolidation or
re-enactment in force from time to time and any statutory instrument or regulations made
under it. |
| 2.4 | Any
reference to “law” includes common law and any constitution, decree, judgment,
legislation, order, ordinance, regulation, statute, treaty or other legislative measure in
any jurisdiction or any present or future directive, regulation, request or requirement (in
each case, whether or not having the force of law, the compliance with which is in accordance
with the general practice of person to whom the directive, regulation, request or requirement
is addressed). |
| 2.5 | A
period of days from the occurrence of any event or the performance of any act or thing shall
be deemed to exclude the day on which the event happens or the act or thing is done or to
be done (and will be reckoned from the day immediately following such event or act or thing),
and if the last day of the period is not a Business Day, then the period shall include the
next following day which is a Business Day. |
The
Investors hereby agrees to subscribe USD1,177,000.00 (United States Dollar One Million One Hundred and Seventy-Seven Thousand) worth
of Sale Shares, to be allocated in the following portion:
Name
of Investor | |
Amount
(USD) | | |
No.
of TGL Shares | |
VIFL | |
| 921,212 | | |
| 2,791,552 | |
CJM | |
| 255,788 | | |
| 775,116 | |
Total | |
| 1,177,000 | | |
| 3,566,668 | |
The
Company agrees to allot and issue the Sale Shares to the Investors in accordance with the terms and conditions as set out in this Agreement.
Unless
otherwise provided, Investment Amount shall become due and payable upon the effectiveness of a Registration Statement filed by the Company
with the SEC. The Company shall notify the Investors once the Registration Statement becomes effective, and the Investors shall make
the payment within Seven (7) days from the date of this Agreement.
Upon
the payment being made, the date shall be considered the “Unconditional Date”. Any indulgence granted by the Company
in respect of the amounts payable herein should not constitute a waiver of or prejudice the Company’s rights thereto.
All
amounts payable by the Investor under this engagement shall be paid in full, and in the currency mutually agreed upon, and free of and
without any deduction or withholding for any current or future taxes, levies, duties, charges or other deductions or withholdings levied
in any jurisdiction from or through which payment is made.
All
amounts payable by the Investors to the Company shall be deposited into the designated bank account.
| 5.1 | Completion
Arrangement |
| 5.1.1 | Completion
for the Sale Shares shall take place on the Completion Date. |
| 5.1.2 | On
or before the Completion Date, the Investors shall pay the Investment Amount for the Sale
Shares to the Company or such other person as may be nominated and/or authorised by the Company
in writing and, in exchange thereof, TGL shall deliver to each Investor on the Completion
Date the below including that:- |
| (a) | the
relevant book-entry transfer or the electronic record representing the Sale Shares, which
will be deposited into an account held by the Investor and/or its nominees; and |
| (b) | the
registration of the Investor as the holder of the Sale Shares, which will be reflected through
the Investor’s brokerage account or an account specified by the Investor. |
| 5.2 | Breach
of Completion Obligations |
If
the foregoing provisions of Clause 5.1 are not fully complied with by the Investor by or on the Completion Date, the Company shall be
entitled (in addition to and without prejudice to all other rights or remedies available, including the right to claim damages) by written
notice to the Investor served on such date:
| 5.2.1 | to
terminate this Agreement (other than the surviving provisions) without liability on its part; |
| 5.2.2 | to
effect Completion so far as practicable having regard to the defaults which have occurred;
or |
| 5.2.3 | to
fix a new date for Completion in which case the provisions of this Clause 5.2 shall apply
to Completion as so deferred but provided such deferral may only occur once. |
| 6.1 | Warranties
of the Company |
| 6.1.1 | The
Company warrants and represents to the Investors:- |
| (a) | that
the statements contained in this Agreement are true and accurate in all respects; |
| (b) | that
no order has been made or petition has been presented for the winding-up of TGL; |
| (c) | that
the Company is duly incorporated under the laws of the State of Delaware and has the power
and capacity to enter into and to execute all relevant documents pertaining to this Agreement
and all necessary corporate, governmental and other approvals have been obtained to enable
the Company to perform the terms and conditions as set out in this Agreement; |
| (d) | that
the Sale Shares are free from encumbrances; |
| (e) | that
the Sale Shares will be validly issued; |
| (f) | that
all actions, conditions and things required to be taken, fulfilled and done (including without
limitation the obtaining of any necessary consents or license or the making of any filing
or registration) (i) in order to enable them to lawfully enter into, exercise its rights
and perform and comply with their obligations under this Agreement and to ensure that those
obligations are legally binding and enforceable and (ii) for the issuance of the Sale Shares,
are fulfilled and done; and |
| (g) | that
there are no current or pending legal proceedings against the Company or any of their directors
or shareholders. |
| 6.2 | Warranties
of the Investor |
Each
Investor warrants and represents to the Company:
| 6.2.1 | that
the Investor has full knowledge of and undertakes that:- |
| (a) | the
Sale Shares involves risks as the return to the Investors is depending upon the performance
of TGL and that the Investor shall take full cognizance of all risks in connection with the
Sale Shares; and |
| (b) | any
projections, predictions, information and/or materials, made available to the Investor in
connection with the Sale Shares, are derived from TGL’s reasonable estimation, assumptions
and/or forecasts and, are made available without representations or warranties as to its
accuracy and or completeness. The Investor hereby expressly agrees that any reliance upon
or conclusions drawn therefrom shall be at such Investor’s own risk and shall not give
rise to any liability of or against the Company. |
| 6.2.2 | that
the Investor shall undertake to meet all the terms and conditions stipulated herein; |
| 6.2.3 | that
the Investor agrees to abide by and comply with all relevant anti-money laundering laws and
regulations that are in force and to ensure that by subscribing to the Sale Shares will not
be in breach of any laws and regulations that are in force from time to time; and |
| 6.2.4 | that
the Investor has read and fully understand the terms and conditions of this Agreement and
that the Investor has obtained advice from Investor’s advisors independent from the
Company and TGL, including but not limited to, the Investor’s personal investment,
tax and/or legal advisors prior to the subscription of the Sale Shares and the Investor did
not rely on any other representation(s) and/or information(s) that is/are inconsistent with
the terms and conditions herein. |
| 7.1 | Notwithstanding
any other provision of this Agreement, each Investor undertakes to indemnify and hold harmless
the Company, TGL and its Directors, officers, members, and advisors, whether individually
and/or collectively, from and against all losses, liabilities, obligations, damages, Claims,
proceedings, costs, expenses and/or whatsoever which may incur by reason of:- |
| (a) | the
failure of the Investor to fulfill any of the terms and conditions set out in this Agreement; |
| (b) | any
breach or inaccuracy in any of the representations, warranties and/or covenants made by the
Investor in connection with this Agreement; or |
| (c) | any
action, suit or proceeding based upon the fact that the Investor’s representations, warranties
and/or covenants were inaccurate or misleading or otherwise cause for obtaining damages or
redress from the Company or TGL. |
Save
as otherwise contemplated in this Agreement, the Company hereby undertakes to the Investors that:-
| (a) | it
will promptly furnish to the Investor such information as the Investor may reasonably require
from time to time of TGL; and |
| (b) | it
shall within a period of fourteen (14) Business Days report any Material Adverse Change of
which the Company (have constructive knowledge of) in the prospects, business, operations
or financial condition of TGL in writing to the Investor. |
A
notice or other communication required or permitted, under this Agreement, to be served on a person must be in writing and may be served:-
| (a) | by
way of personal service; |
| (b) | by
way of leaving it at the person’s current address for service; |
| (c) | by
way of post, postage prepaid; or |
| 9.2 | Particulars
for Service |
| 9.2.1 | The
particulars for service of the Investor and the Company are as stipulated above. |
| 9.2.2 | Any
Party may change its particulars for service by way of written notice to the other. |
A
notice or other communication is deemed served:
| 9.3.1 | if
given or made by facsimile immediately; or |
| 9.3.2 | if
given or made by hand when dleft at the address required by Clause 9.2 above; or |
| 9.3.3 | if
given by post, THREE (3) Business Days after posting and in proving the same it shall be
sufficient to show that the envelope containing the same was duly addressed, stamped and
posted. |
| 10.1 | Governing
Law and Jurisdiction |
This
Agreement is governed by and is to be construed in accordance with the laws of Malaysia. Each party irrevocably and unconditionally submits
to the non-exclusive jurisdiction of the courts of Malaysia and waives any right to object to proceedings being brought in those courts.
Time
is of the essence as regards all dates, periods of time and times specified in this Agreement.
| 10.3 | Waiver
and Exercise of Rights |
| 10.3.1 | Notwithstanding
any provisions stated herein, a single or partial exercise or waiver of a right relating
to this Agreement does not prevent any other exercise of that right or the exercise of any
other right. |
| 10.3.2 | No
party will be liable for any loss or expenses incurred by another party caused or contributed
to by the waiver, exercise, attempted exercise, failure to exercise or delay in the exercise
of a right. |
The
Parties covenant with each other that they will respectively sign execute and do and procure all other persons or companies, if necessary,
to execute and do all such further deeds, assurance, acts and things as may be necessary to give valid effect to the terms and conditions
of this Agreement.
This
Agreement binds the heirs, personal representatives, successors- in-title, assigns or nominees, as the case may be, of the Parties and
may be signed in counterparts. If signed by the Parties in respective counterparts, this Agreement is deemed to have been duly executed
by relevant Parties and will come into full force and effect.
| 10.6 | Illegality
and Severability of Provisions |
| 10.6.1 | The
illegality, invalidity or unenforceability of any provision of this Agreement under the law
of any jurisdiction will not affect its legality, validity or enforceability under the law
of any other jurisdiction, nor the legality, validity or enforceability of any other provision. |
| 10.6.2 | If
a provision in this Agreement is held to be illegal, invalid, void, voidable or unenforceable,
that provision must be read down to the extent necessary to ensure that it is not illegal,
invalid, void, voidable or unenforceable. |
| 10.6.3 | If
it is not possible to read down the provision as required in this clause, that provision
is severable without affecting the validity or enforceability of the remaining part of that
provision or the other provisions in this Agreement. |
| 10.7.1 | The
Company shall bear all costs and expenses incurred in the preparation and execution of this
Agreement. |
| 10.7.2 | Notwithstanding
the Company’s foregoing obligation above, each Party shall bear its own costs and/or
expenses incurred from any disputes arising out of or in connection with this Agreement,
unless otherwise stipulated or agreed. |
This
Agreement constitute the entire agreement and understanding between the Parties with respect to the subject matter and supersedes all
previous term sheets, proposals, representations, warranties, agreements relating thereto whether oral, written or otherwise and no Party
shall modify this Agreement unless with the written consent of all Parties.
(The
remainder of this page is intentionally left blank)
EXECUTED BY the Parties as an agreement on the date first stated hereof: |
|
|
|
Company |
|
|
|
|
|
Signed by |
) |
|
for and on behalf of |
) |
|
TREASURE GLOBAL INC |
) |
|
(Registration No. 790821) |
) |
/s/ Carlson Thow |
|
|
Name: Carlson Thow
Designation: CEO and Director |
|
|
|
Investor Subscribing to 2,791,552 TGL Shares |
|
|
|
Signed by |
) |
|
For and on behalf of |
) |
|
V INVESCO FUND (L) LIMITED |
) |
|
(Registration No: LL17636) |
) |
/s/ Ang Zhi Feng |
|
|
Name: Ang Zhi Feng
Designation: Director |
|
|
|
Investor Subscribing to 775,115 TGL Shares |
|
|
|
Signed by |
) |
|
|
) |
|
CHAI JIA MIN |
) |
|
(NRIC No: 960730-13-5184) |
) |
/s/ CHAI JIA MIN |
11
Exhibit 23.1
Consent of Independent Registered Public Accounting
Firm
We hereby consent to incorporation by reference
in this Registration Statement on Form S-3 (No. 333-278171) of Treasure Global Inc and its subsidiaries (collectively the “Company”)
of our report dated September 30, 2024 included in this Company’s annual report on Form 10-K, relating to the audit of the consolidated
balance sheets of the Company as of June 30, 2024 and 2023, and the related consolidated statement of operations and comprehensive loss,
changes in stockholders’ deficiency, and cash flows in each of the year for the two years period ended June 30, 2024 and the related
notes included herein.
We also consent to the reference of WWC, P.C.
as an independent registered public accounting firm, as experts in matters of accounting and auditing.
|
/s/ WWC, P.C. |
San Mateo, California |
WWC, P.C. |
November 27, 2024 |
Certified Public Accountants |
|
PCAOB ID: 1171 |
v3.24.3
X |
- DefinitionBoolean flag that is true when the XBRL content amends previously-filed or accepted submission.
+ References
+ Details
Name: |
dei_AmendmentFlag |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionFor the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
+ References
+ Details
Name: |
dei_DocumentPeriodEndDate |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:dateItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
+ References
+ Details
Name: |
dei_DocumentType |
Namespace Prefix: |
dei_ |
Data Type: |
dei:submissionTypeItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionAddress Line 1 such as Attn, Building Name, Street Name
+ References
+ Details
Name: |
dei_EntityAddressAddressLine1 |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionAddress Line 2 such as Street or Suite number
+ References
+ Details
Name: |
dei_EntityAddressAddressLine2 |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- Definition
+ References
+ Details
Name: |
dei_EntityAddressCityOrTown |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionCode for the postal or zip code
+ References
+ Details
Name: |
dei_EntityAddressPostalZipCode |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionName of the state or province.
+ References
+ Details
Name: |
dei_EntityAddressStateOrProvince |
Namespace Prefix: |
dei_ |
Data Type: |
dei:stateOrProvinceItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionA unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityCentralIndexKey |
Namespace Prefix: |
dei_ |
Data Type: |
dei:centralIndexKeyItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionIndicate if registrant meets the emerging growth company criteria.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityEmergingGrowthCompany |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionCommission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
+ References
+ Details
Name: |
dei_EntityFileNumber |
Namespace Prefix: |
dei_ |
Data Type: |
dei:fileNumberItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionTwo-character EDGAR code representing the state or country of incorporation.
+ References
+ Details
Name: |
dei_EntityIncorporationStateCountryCode |
Namespace Prefix: |
dei_ |
Data Type: |
dei:edgarStateCountryItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityRegistrantName |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityTaxIdentificationNumber |
Namespace Prefix: |
dei_ |
Data Type: |
dei:employerIdItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionLocal phone number for entity.
+ References
+ Details
Name: |
dei_LocalPhoneNumber |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 13e -Subsection 4c
+ Details
Name: |
dei_PreCommencementIssuerTenderOffer |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 14d -Subsection 2b
+ Details
Name: |
dei_PreCommencementTenderOffer |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionTitle of a 12(b) registered security.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b
+ Details
Name: |
dei_Security12bTitle |
Namespace Prefix: |
dei_ |
Data Type: |
dei:securityTitleItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionName of the Exchange on which a security is registered.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection d1-1
+ Details
Name: |
dei_SecurityExchangeName |
Namespace Prefix: |
dei_ |
Data Type: |
dei:edgarExchangeCodeItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 14a -Subsection 12
+ Details
Name: |
dei_SolicitingMaterial |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionTrading symbol of an instrument as listed on an exchange.
+ References
+ Details
Name: |
dei_TradingSymbol |
Namespace Prefix: |
dei_ |
Data Type: |
dei:tradingSymbolItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Securities Act -Number 230 -Section 425
+ Details
Name: |
dei_WrittenCommunications |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
Treasure Global (NASDAQ:TGL)
Gráfico Histórico do Ativo
De Nov 2024 até Dez 2024
Treasure Global (NASDAQ:TGL)
Gráfico Histórico do Ativo
De Dez 2023 até Dez 2024