Treasure Global Inc. Files 8-K/A Amendment
Ticker: TGL · Form: 8-K/A · Filed: Jun 14, 2024 · CIK: 1905956
| Field | Detail |
|---|---|
| Company | Treasure Global Inc (TGL) |
| Form Type | 8-K/A |
| Filed Date | Jun 14, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.00001, $120,000, $10,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: amendment, officer-changes, director-changes
TL;DR
TGI filed an 8-K/A amendment covering director/officer changes and financials.
AI Summary
Treasure Global Inc. filed an amendment (8-K/A) on June 14, 2024, to a previous report dated June 13, 2024. The amendment pertains to the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements for certain officers. It also includes financial statements and exhibits.
Why It Matters
This amendment provides updated information regarding the company's board and executive appointments, which can impact corporate governance and strategic direction.
Risk Assessment
Risk Level: medium — Amendments to 8-K filings, especially those concerning executive and director changes, can indicate internal shifts or potential strategic realignments that warrant closer scrutiny.
Key Players & Entities
- TREASURE GLOBAL INC (company) — Registrant
- June 13, 2024 (date) — Earliest event reported
- June 14, 2024 (date) — Filing date of amendment
- 276 5th Avenue, Suite 704 #739, New York, New York 10001 (address) — Principal executive office
FAQ
What specific officer or director positions were affected by this amendment?
The filing indicates changes related to 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers' but does not specify names or exact roles within this summary.
What is the primary purpose of filing an 8-K/A?
An 8-K/A is an amendment to a previously filed Form 8-K, used to correct or update information previously reported.
When was the original event that this amendment relates to?
The earliest event reported in this amendment was on June 13, 2024.
What other items are included in this amendment besides personnel changes?
The amendment also includes 'Financial Statements and Exhibits'.
What is the company's state of incorporation and principal executive office address?
The company is incorporated in Delaware and its principal executive office is located at 276 5th Avenue, Suite 704 #739, New York, New York 10001.
Filing Stats: 979 words · 4 min read · ~3 pages · Grade level 11.8 · Accepted 2024-06-14 17:15:53
Key Financial Figures
- $0.00001 — h registered Common Stock, par value $0.00001 per share TGL The Nasdaq Stock Mark
- $120,000 — Mr. Thow will be entitled to a total of $120,000 worth of shares of common stock of the
- $10,000 — nual basis for the first year, of which $10,000 worth of shares of common stock of the
Filing Documents
- ea0207927-8ka1_treasure.htm (8-K/A) — 31KB
- ea020792701ex10-1_treasure.htm (EX-10.1) — 71KB
- ex10-1_001.jpg (GRAPHIC) — 30KB
- 0001213900-24-052989.txt ( ) — 330KB
- tgl-20240613.xsd (EX-101.SCH) — 3KB
- tgl-20240613_lab.xml (EX-101.LAB) — 33KB
- tgl-20240613_pre.xml (EX-101.PRE) — 22KB
- ea0207927-8ka1_treasure_htm.xml (XML) — 4KB
02 Departure
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On June 13, 2024, Chong Chan Teo informed Treasure Global Inc (the "Company") of his resignation as Chief Executive Officer and a member of the Company's Board of Directors ("Board"), which was immediately effective. On June 13, 2024, the Board appointed Carlson Thow as Chief Executive Officer of the Company effective as of June 13, 2024. Mr. Thow, age 31, served as Chief Legal Officer of VCI Global Limited (NASDAQ: VCIG) from July 2022 until June 2024, where he was responsible for setting the overall legal strategy for the organization and its subsidiaries, and for providing legal counsel to senior management and the board of directors. Prior to joining VCI Global Limited, Mr. Thow practiced law as a Senior Associate with Zaid Ibrahim & Co. (a member of ZICO Law network) from 2019 to 2022, and as Legal Associate with Martin Cheah & Associates from 2018 to 2019, where he provided legal assistance with regard to mergers and acquisitions and corporate financing matters, among other things. Mr. Thow graduated with a Bachelor of Laws from the University of Northumbria at Newcastle in 2014, a Master of Laws from the University of Malaya in 2016 and a Master of Business Administration from Lancaster University in 2021. Mr. Thow has also obtained a Certificate of Legal Practice from the Legal Profession Qualifying Board of Malaysia in 2016, and he was admitted as an advocate and solicitor of the High Court of Malaya in 2018. Carlson Thow and the Company entered into a Contract of Employment Agreement dated as of June 13, 2024 (the "Employment Agreement"), pursuant to which Mr. Thow was appointed as the Chief Executive Officer of the Company. The term of the Employment Agreement is for one year of which term is renewable on a yearly basis. Mr. Thow is entitled to receive a basic monthly salary of RM 20,000 with a f
01. Financial
Item 9.01. Financial (d) Exhibits Exhibit Description 10.1 Contract of Employment Agreement dated as of June 13, 2024, by and between Treasure Global Inc and Carlson Thow 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 1
SIGNATURES
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: June 14, 2024 TREASURE GLOBAL INC By: /s/ Carlson Thow Name: Carlson Thow Title: Chief Executive Officer 2