---
schema_version: "secwatch.filing_event.v1"
accession: "0001013762-23-004634"
form_type: "8-K"
ticker: "TGL"
cik: "0001905956"
company_name: "TREASURE GLOBAL INC"
filed_at: "2023-10-18T23:59:59+00:00"
generated_at: "2026-06-09T22:03:00.064691+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Treasure Global subsidiary licenses AI software from AI Lab Martech for $563K in stock

## Summary
- ZCity Sdn Bhd (TGL subsidiary) entered non-exclusive license for AI software; term 12 months with renewal option.
- Consideration: 2,943,021 TGL shares valued at $0.1913 each, total $563,000, issued as restricted unregistered securities.
- Press release announces AI robot for TikTok live commerce, leveraging licensed Tencent technology.
- AI robot can conduct extended-hour live sessions, answer queries, and provide personalized recommendations.

## SEC filing metadata
- accession: 0001013762-23-004634
- form_type: 8-K
- ticker: TGL
- cik: 0001905956
- company_name: TREASURE GLOBAL INC
- filed_at: 2023-10-18T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1905956/000101376223004634/0001013762-23-004634-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1905956/000101376223004634/ea186842-8k_treasure.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013762-23-004634
- JSON: https://secwatch.observer/filing/0001013762-23-004634.json
- Plain text: https://secwatch.observer/filing/0001013762-23-004634.txt

## Key facts
- Material Agreements
  TREASURE GLOBAL INC entered into License and Service Agreement with AI Lab Martech Sdn. Bhd. valued at USD$563,000 worth of common stock (effective 2023-10-12).
  - Action: entry
  - Agreement: license
  - Counterparty: AI Lab Martech Sdn. Bhd.
  - Value: USD$563,000 worth of common stock
  - Effective: 2023-10-12
  source text: entered into a License and Service Agreement (the “License Agreement”), in which the Licensor shall provide a non-exclusive, non-transferable, royalty-free license to use and operate an AI software solutions (the “AI Software”) in exchange for the issuance of USD$563,000 worth of common stock
  evidence_url: https://www.sec.gov/Archives/edgar/data/1905956/000101376223004634/0001013762-23-004634-index.htm

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