Treasure Global Concludes Equity Line Facility with Alumni Capital
Treasure Global announced the conclusion of its previously disclosed equity line facility with Alumni Capital, a capital-structure step under which no further dilution will occur pursuant to this agreement. As previously announced on October 10, 2024 and subsequently amended on January 27, 2025, the equity line facility was established under a Purchase Agreement that provided the Company with a discretionary access to equity financing during a defined commitment period ending on December 31, 2025, subject to customary conditions and limitations. The commitment period under the Alumni Facility has now reached its scheduled end in accordance with the terms of the agreement, and the facility has been concluded. All share issuances under the Alumni Facility are now complete, and there are no early termination penalties or additional amounts payable by the Company to Alumni Capital.
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- Significant Revenue Growth: Treasure Global reported a revenue of $1.08 million for Q2, a substantial increase from $0.30 million in Q2 FY2025, primarily driven by continued growth in e-voucher transactions on the ZCITY platform, indicating strong performance in the digital commerce sector.
- Widening Net Loss: Despite the revenue increase, the net loss expanded to $3.11 million from $0.23 million in Q2 FY2025, partially offset by a favorable $4.63 million fair-value adjustment of derivative liabilities, reflecting challenges faced during business expansion.
- Improved Cash Flow: As of December 31, 2025, the company's cash and cash equivalents rose to $5.45 million from $0.24 million as of June 30, 2025, indicating successful financing activities and warrant exercises that enhance financial stability.
- Ongoing Strategic Investments: The company is focused on optimizing its business model through the advancement of the OXI Wallet initiative, expected to provide new revenue opportunities for long-term growth while enhancing integration across the ZCITY platform to boost user engagement and financial service capabilities, further solidifying its position in Southeast Asia's digital economy.

- Financing Agreement Completion: Treasure Global announced the conclusion of its equity financing agreement with Alumni Capital as scheduled, avoiding further dilution and ensuring a cleaner capital structure for the company.
- Support for Business Restructuring: The financing agreement provided flexibility during the company's restructuring phase, enabling a focus on scaling the OXI Wallet and advancing UNIRWA real-world asset initiatives, which enhances future revenue sustainability.
- Significant User Growth: As of June 2025, the ZCITY Super App has attracted over 2.7 million registered users, solidifying Treasure Global's key position in Malaysia's digital economy and driving growth in e-commerce and fintech sectors.
- Future Development Plans: The company will continue to assess financing options to support its growth strategy and provide further updates through regular SEC filings and public announcements, ensuring transparency and investor confidence.
- Successful Financing: Treasure Global has completed a direct offering with institutional investors, selling 250,000 shares of common stock and raising a total of $2.5 million, providing essential funding for the company's future growth.
- Market Positioning: This financing was conducted under the S-3 registration statement effective March 29, 2024, demonstrating the company's compliance and transparency in capital markets, which helps to enhance investor confidence.
- Product Promotion: As of June 2025, Treasure Global's ZCITY Super App has attracted over 2.7 million registered users, indicating its significant position in Malaysia's digital economy, and the financing will further support product marketing efforts.
- Technological Innovation: The company continuously leverages cutting-edge technologies such as artificial intelligence and data analytics to enhance platform capabilities, and the financing will aid its expansion in e-commerce and fintech, strengthening its competitive edge in the market.

- Successful Financing: Treasure Global has completed a direct offering with institutional investors, selling 250,000 shares of common stock and raising a total of $2.5 million, providing essential funding for future growth initiatives.
- Market Positioning: This offering was conducted under the S-3 registration statement filed in March 2024, demonstrating the company's compliance and transparency in capital markets, which enhances investor confidence.
- Product Promotion: As of June 2025, Treasure Global's ZCITY Super App has attracted over 2.7 million registered users, highlighting its significant position in Malaysia's digital economy and potential for further market share expansion.
- Technological Innovation: The company continuously leverages cutting-edge technologies such as artificial intelligence and data analytics to enhance its platform capabilities across e-commerce and fintech, aiming to drive digital transformation and strengthen its competitive edge.

Company Announcement: Treasure Global Inc. has completed a registered direct offering of 250,000 shares, raising gross proceeds of $2.5 million, with D. Boral Capital LLC serving as the exclusive placement agent.
Business Overview: The company, based in Malaysia, focuses on technology solutions for digital transformation in retail and services, highlighted by its flagship ZCITY Super App, which has over 2.7 million registered users.
Forward-Looking Statements: The press release includes forward-looking statements regarding the company's expectations and potential risks, including market volatility, competition, and regulatory challenges.
Contact Information: For further inquiries, the Investor Relations Team can be contacted via email at ir_us@treasureglobal.org.
Direct Offering Announcement: Treasure Global Inc. announced a $2.5 million registered direct offering of 250,000 shares, which is expected to close around December 11, 2024.
Stock Price Reaction: Following the announcement, Treasure Global's shares fell by 40.01%, closing at $9.43.
Securities Purchase Agreement: The company entered into a securities purchase agreement with institutional investors for the sale of the shares, with D. Boral Capital acting as the exclusive placement agent.
Regulatory Compliance: The offering was conducted under a shelf registration statement effective since March 2024, and a final prospectus supplement will be filed with the SEC.





