---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-069693"
form_type: "8-K"
ticker: "TGL"
cik: "0001905956"
company_name: "TREASURE GLOBAL INC"
filed_at: "2023-08-22T23:59:59+00:00"
generated_at: "2026-06-11T05:48:45.022890+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Treasure Global receives Nasdaq deficiency notice for bid price below $1.00

## Summary
- Nasdaq notified Treasure Global on Aug 17, 2023, that its closing bid price was below $1.00 for 30 consecutive business days (July 6–Aug 16, 2023).
- Company has 180 days, until Feb 13, 2024, to regain compliance by closing at or above $1.00 for at least 10 consecutive trading days.
- Failure to cure by Feb 13 may allow an additional 180-day period if the company meets other listing standards and notifies Nasdaq of its intent to cure.
- If still non-compliant after any grace period, Nasdaq may delist the stock; company may appeal to a hearings panel.

## SEC filing metadata
- accession: 0001213900-23-069693
- form_type: 8-K
- ticker: TGL
- cik: 0001905956
- company_name: TREASURE GLOBAL INC
- filed_at: 2023-08-22T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1905956/000121390023069693/0001213900-23-069693-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1905956/000121390023069693/ea183987-8k_treasure.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-069693
- JSON: https://secwatch.observer/filing/0001213900-23-069693.json
- Plain text: https://secwatch.observer/filing/0001213900-23-069693.txt

## Key facts
- Listing & Compliance Notices
  TREASURE GLOBAL INC received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2), 5810(c)(3)(A)
  source text: August 17, 2023, Treasure Global Inc (the “Company”) received a letter from the Nasdaq Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) therein stating that for the 30 consecutive business day period between July 6, 2023 through August 16, 2023, the common stock of the Company had not maintained a minimum closing bid price of $1.00 per share required for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Rule”). Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company was provided an initial period of 180 calendar d
  evidence_url: https://www.sec.gov/Archives/edgar/data/1905956/000121390023069693/0001213900-23-069693-index.htm

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