---
schema_version: "secwatch.filing_event.v1"
accession: "0001013762-23-003549"
form_type: "8-K"
ticker: "TGL"
cik: "0001905956"
company_name: "TREASURE GLOBAL INC"
filed_at: "2023-10-12T23:59:59+00:00"
generated_at: "2026-06-10T01:08:10.455956+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Treasure Global amends convertible debenture terms; pays $1.5M to investor, gets share sale floor at $1.00

## Summary
- Paid $1,000,000 initial trigger payment plus $500,000 ($467,289.72 principal, $32,710.28 redemption premium) by Oct 6, 2023.
- YA agrees not to sell TGL shares below $1.00 from Oct 5 to Nov 18, 2023, with exceptions for default, non-payment, or issuer consent.
- Subsequent monthly payments under Section 2(a) deferred to Nov 28, 2023, and monthly thereafter until debentures paid in full.
- Floor Price Trigger defined as daily VWAP below $0.25 for 5 of 7 consecutive trading days.

## SEC filing metadata
- accession: 0001013762-23-003549
- form_type: 8-K
- ticker: TGL
- cik: 0001905956
- company_name: TREASURE GLOBAL INC
- filed_at: 2023-10-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1905956/000101376223003549/0001013762-23-003549-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1905956/000101376223003549/ea186667-8k_treasure.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013762-23-003549
- JSON: https://secwatch.observer/filing/0001013762-23-003549.json
- Plain text: https://secwatch.observer/filing/0001013762-23-003549.txt

## Key facts
- Material Agreements
  TREASURE GLOBAL INC entered into Agreement with YA II PN, Ltd with YA II PN, Ltd valued at initial Trigger Payment in the amount of $1,000,000 and an additional payment in the amount of $500, (effective 2023-10-05).
  - Action: entry
  - Counterparty: YA II PN, Ltd
  - Value: initial Trigger Payment in the amount of $1,000,000 and an additional payment in the amount of $500,
  - Effective: 2023-10-05
  source text: Treasure Global Inc (the “Company”) entered into an agreement (the “Agreement”) with YA II PN, Ltd, a Cayman Islands exempt limited partnership (“YA”), on October 10, 2023, effective as of October 5, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1905956/000101376223003549/0001013762-23-003549-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.