Treasure Global announces $1.2 million private placement to board members
TGL•Treasure Global entered subscription agreements with three board members for a private placement of approximately $1.2 million in common stock, with issuance expected on December 4, 2026, subject to closing conditions and regulatory requirements.
1. Placement details
Each of the three board members is subscribing for approximately $400,000 of common stock. The share issuance is expected on December 4, 2026, subject to closing conditions and regulatory requirements.
2. Use of proceeds
Treasure Global expects the proceeds to strengthen its financial position and support business development and long-term growth initiatives.
