---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-092030"
form_type: "8-K"
ticker: "TGL"
cik: "0001905956"
company_name: "TREASURE GLOBAL INC"
filed_at: "2023-12-01T23:59:59+00:00"
generated_at: "2026-06-07T19:35:56.433134+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Treasure Global closes $4M public offering, addresses Nasdaq equity deficiency

## Summary
- Priced 26,014,000 shares at $0.10 and 14,000,000 pre-funded warrants at $0.0999, grossing ~$4.0M.
- Net proceeds ~$3.6M; will repay convertible debentures to YA II PN, Ltd. and for working capital.
- Nasdaq notified company on Oct 9, 2023 of non-compliance with minimum $2.5M equity rule.
- Company believes offering brings it back into compliance with Nasdaq equity requirement.
- Underwriter EF Hutton granted 45-day over-allotment for up to 6,002,100 additional shares/warrants.

## SEC filing metadata
- accession: 0001213900-23-092030
- form_type: 8-K
- ticker: TGL
- cik: 0001905956
- company_name: TREASURE GLOBAL INC
- filed_at: 2023-12-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1905956/000121390023092030/0001213900-23-092030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1905956/000121390023092030/ea189329-8k_treasure.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-092030
- JSON: https://secwatch.observer/filing/0001213900-23-092030.json
- Plain text: https://secwatch.observer/filing/0001213900-23-092030.txt

## Key facts
- Material Agreements
  TREASURE GLOBAL INC entered into Underwriting Agreement with EF Hutton LLC (effective 2023-11-28).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: EF Hutton LLC
  - Effective: 2023-11-28
  source text: On November 28, 2023, Treasure Global Inc (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with EF Hutton LLC as the underwriter
  evidence_url: https://www.sec.gov/Archives/edgar/data/1905956/000121390023092030/0001213900-23-092030-index.htm

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