Treasure Global Inc. Files Material Definitive Agreement

TL;DR

TGI signed a big deal, details TBD.

AI Summary

On October 10, 2024, Treasure Global Inc. entered into a material definitive agreement. The filing does not provide specific details about the agreement, its counterparty, or any associated financial figures.

Why It Matters

This filing indicates a significant new development for Treasure Global Inc., potentially impacting its business operations and future strategy.

Risk Assessment

Risk Level: medium — The lack of specific details in the filing creates uncertainty about the nature and implications of the material definitive agreement.

Key Players & Entities

• TREASURE GLOBAL INC (company) — Registrant
• October 10, 2024 (date) — Date of earliest event reported
• Delaware (jurisdiction) — State of Incorporation
• 001-41476 (identifier) — Commission File Number
• 36-4965082 (identifier) — IRS Employer Identification Number
• 276 5th Avenue , Suite 704 #739 New York , New York 10001 (address) — Registrant's principal executive office

FAQ

Key Financial Figures

• $0.00001 — h registered Common Stock, par value $0.00001 per share TGL The Nasdaq Stock Mark
• $6,000,000 — cause Alumni Capital to purchase up to $6,000,000 the Company's common stock, par value $
• $1,000,000 — otice will be in an amount greater than $1,000,000. The Purchase Agreement provides that
• $5,000,000 — rant will be calculated by dividing the $5,000,000 valuation by the total number of outsta

Filing Documents

• ea0217439-8k_treasure.htm (8-K) — 33KB
• ea021743901ex4-1_treasure.htm (EX-4.1) — 98KB
• ea021743901ex10-1_treasure.htm (EX-10.1) — 156KB
• ea021743901ex10-2_treasure.htm (EX-10.2) — 53KB
• 0001213900-24-087348.txt ( ) — 588KB
• tgl-20241010.xsd (EX-101.SCH) — 3KB
• tgl-20241010_lab.xml (EX-101.LAB) — 33KB
• tgl-20241010_pre.xml (EX-101.PRE) — 22KB
• ea0217439-8k_treasure_htm.xml (XML) — 4KB

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement. Securities Purchase Agreement On October 10, 2024, Treasure Global Inc (the "Company") entered into a Share Purchase Agreement (the "Purchase Agreement") with Alumni Capital LP ("Alumni Capital"), a Delaware limited partnership. Pursuant to the Purchase Agreement, the Company has the right, but not the obligation to cause Alumni Capital to purchase up to $6,000,000 the Company's common stock, par value $0.00001 (the "Commitment Amount"), at the Purchase Price (defined below) during the period beginning on the execution date of the Purchase Agreement and ending on the earlier of (i) the date on which Alumni Capital has purchased $6,000,000 of the Company's common stock pursuant to the Purchase Agreement or (ii) December 31, 2025. Pursuant to the Purchase Agreement, the "Purchase Price" means nighty-five percent (95%) of the lowest daily VWAP of the common stock five business days prior to the Closing of a Purchase Notice. No Purchase Notice will be made without an effective registration statement and no Purchase Notice will be in an amount greater than $1,000,000. The Purchase Agreement provides that the number of shares of common stock to be sold to Alumni Capital will not exceed the number of shares that, when aggregated together with all other shares of our common stock which Alumni Capital is deemed to beneficially own, would result in Alumni Capital owning more than 19.99% of the Company's outstanding common stock. In consideration for Alumni Capital's execution and performance under the Purchase Agreement, the Company issued to Alumni Capital a purchase warrant dated October 10, 2024 for a term of three (3) years (the "Purchase Warrant t"), to purchase up to a number of common stock equal to ten percent (10%) of the Commitment Amount divided by the exercise price of the Purchase Warrant. The exercise price per share of the Purchase Warrant will be calculated by dividing the $5,000,000 valuation by the

01. Financial Statement and Exhibits

Item 9.01. Financial Statement and Exhibits. (d) Exhibits. Exhibit No. Description 4.1 Form of Purchase Warrant Agreement 10.1 Purchase Agreement by and between the Company and Alumni Capital LP dated October 10, 2024 10.2 Service Partnership Agreement by and between the Company and Octagram Investment Limited dated October 10, 2024 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: October 11, 2024 TREASURE GLOBAL INC. By: /s/ Carlson Thow Name: Carlson Thow Title: Chief Executive Officer 2

View Full Filing

View this 8-K filing on SEC EDGAR