Treasure Global acquires software app for $495,500 in restricted stock

TREASURE GLOBAL INC

Acquired software application from MYUP Solution Sdn Bhd for 126,082 shares valued at $3.93 each.
Shares issued under Section 4(a)(2) exemption; not registered and not listed on any exchange.
Closing expected within 90 days; subject to due diligence, UAT, and other conditions precedent.
Agreement includes warranties, termination rights, and confidentiality obligations for three years.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

TREASURE GLOBAL INC entered into Software Purchase Agreement with MYUP Solution Sdn Bhd valued at USD$495,500 worth of common stock, par value $0.00001 per share, of the Company, or 126,082 shares v (effective 2024-04-08).

Action: entry
Agreement: asset purchase
Counterparty: MYUP Solution Sdn Bhd
Value: USD$495,500 worth of common stock, par value $0.00001 per share, of the Company, or 126,082 shares v
Effective: 2024-04-08

Exact text from the filing

On April 8, 2024, Treasure Global Inc (the “Company”) and MYUP Solution Sdn Bhd (the “Seller”), a company that is in the business of, among other things, technology services, entered into a Software Purchase Agreement (the “Agreement”), in which the Seller agreed to sell to the Company a certain software application in exchange for USD$495,500 worth of common stock, par value $0.00001 per share, of the Company, or 126,082 shares valued at USD $3.93 per share (the “TGL Shares”).

View on SEC.gov

419 material agreements filed in the last 30 days. Browse all material agreements →

TREASURE GLOBAL INC filing history →

Source: SEC EDGAR

accession 0001213900-24-031176

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.