Treasure Global Inc. Files 8-K: Material Agreement & Equity Sales

TL;DR

TREASURE GLOBAL INC filed an 8-K on 4/8/24 for a material agreement and equity sales. Details TBD.

AI Summary

On April 8, 2024, Treasure Global Inc. entered into a Material Definitive Agreement. The company also reported on Unregistered Sales of Equity Securities and filed Financial Statements and Exhibits. The filing does not provide specific details on the agreement or the equity sales.

Why It Matters

This 8-K filing indicates significant corporate activity, including a new definitive agreement and equity transactions, which could impact the company's financial structure and future operations.

Risk Assessment

Risk Level: medium — The filing mentions a Material Definitive Agreement and Unregistered Sales of Equity Securities, which can introduce financial and operational risks if not managed properly.

Key Players & Entities

• TREASURE GLOBAL INC (company) — Registrant
• April 8, 2024 (date) — Date of earliest event reported

FAQ

Key Financial Figures

• $0.00001 — h registered Common Stock, par value $0.00001 per share TGL The Nasdaq Stock Mark
• $495,500 — software application in exchange for USD$495,500 worth of common stock, par value $0.000
• $3.93 — ompany, or 126,082 shares valued at USD $3.93 per share (the "TGL Shares"). The Agree

Filing Documents

• ea0203477-8k_treasure.htm (8-K) — 28KB
• ea020347701ex10-1_treasure.htm (EX-10.1) — 203KB
• 0001213900-24-031176.txt ( ) — 429KB
• tgl-20240408.xsd (EX-101.SCH) — 3KB
• tgl-20240408_lab.xml (EX-101.LAB) — 33KB
• tgl-20240408_pre.xml (EX-101.PRE) — 22KB
• ea0203477-8k_treasure_htm.xml (XML) — 4KB

01. Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive Agreement On April 8, 2024, Treasure Global Inc (the "Company") and MYUP Solution Sdn Bhd (the "Seller"), a company that is in the business of, among other things, technology services, entered into a Software Purchase Agreement (the "Agreement"), in which the Seller agreed to sell to the Company a certain software application in exchange for USD$495,500 worth of common stock, par value $0.00001 per share, of the Company, or 126,082 shares valued at USD $3.93 per share (the "TGL Shares"). The Agreement may be terminated if the Company or the Seller materially breaches any of its obligations or undertakings as set forth in the Agreement or if either the Company or the Seller is subject to any form of insolvency administration, ceases to conduct its business or has a liquidator appointed over any part of its assets. The Agreement contains customary representations and warranties. Pursuant to the Agreement, the TGL Shares will be issued within 5 business days from the effective date of the Agreement and will be restricted securities and not be listed on any exchange. The foregoing description of the Agreement is not intended to be complete and is qualified in its entirety by reference to the full text of the Agreement, a copy of which is filed as Exhibit 10.1 hereto and incorporated by reference herein.

02. Unregistered Sales of Equity Securities

Item 3.02. Unregistered Sales of Equity Securities. The issuance of the TGL Shares is exempt from registration under Section 4(a)(2) of the Securities Act of 1933, as amended. The disclosures set forth in Item 1.01 above are incorporated by reference into this Item 3.02.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits (d) Exhibits Exhibit Description 10.1 Software Purchase Agreement dated as of April 8, 2024, by and between the Company and MYUP Solution Sdn Bhd 104 Cover Page Interactive Data File (embedded with 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: April 8, 2024 TREASURE GLOBAL INC By: /s/ Chong Chan "Sam" Teo Name: Chong Chan "Sam" Teo Title: Chief Executive Officer 2

View Full Filing

View this 8-K filing on SEC EDGAR