---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-019121"
form_type: "8-K"
ticker: "TGL"
cik: "0001905956"
company_name: "TREASURE GLOBAL INC"
filed_at: "2024-03-04T23:59:59+00:00"
generated_at: "2026-06-05T05:03:28.914807+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Treasure Global (TGL) implements 1-for-70 reverse stock split to meet Nasdaq bid price rule

## Summary
- Reverse stock split 1-for-70 effective Feb 27, 2024; trading begins split-adjusted same day.
- No fractional shares issued; all fractions rounded up to whole share; CUSIP becomes 89458T205.
- Intended to bring stock above Nasdaq's $1.00 minimum bid price; no guarantee of compliance.
- Stockholders approved reverse split (range 10:1 to 70:1) on Jan 5, 2024; Board set ratio at 70:1.
- Proportional adjustments applied to equity awards, warrants, and convertible notes.

## SEC filing metadata
- accession: 0001213900-24-019121
- form_type: 8-K
- ticker: TGL
- cik: 0001905956
- company_name: TREASURE GLOBAL INC
- filed_at: 2024-03-04T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1905956/000121390024019121/0001213900-24-019121-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1905956/000121390024019121/ea0200946-8k_treasure.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-019121
- JSON: https://secwatch.observer/filing/0001213900-24-019121.json
- Plain text: https://secwatch.observer/filing/0001213900-24-019121.txt

## Key facts
- Governance Changes
  TREASURE GLOBAL INC: Certificate of Amendment to Certificate of Incorporation effecting a 1-for-70 reverse stock split (effective 2024-02-22).
  - Change: charter amendment
  - Effective: 2024-02-22
  source text: Treasure Global Inc (the “Company”) filed on February 22, 2024, a Certificate of Amendment to the Certificate of Incorporation, as amended, of the Company with the Secretary of State of the State of Delaware (the “Certificate of Amendment”) that provides for a 1-for-70 reverse stock split (the “Split”) of its shares of common stock, par value $0.00001 per share, that became effective at 12:00 a.m. on February 27, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1905956/000121390024019121/0001213900-24-019121-index.htm

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