other material
confidence high
sentiment neutral
materiality 0.70
Treasure Global enters $16M AI services agreement with V Gallant for AI digital human and live streaming platform
TREASURE GLOBAL INC
- Total consideration of USD16M payable in TGL shares at $0.67 per share; 50% down on execution.
- Services include design and development of AI-enabled live streaming platform and AI digital human solutions.
- Agreement runs Oct 29, 2024 to Dec 31, 2025; conditioned on NVIDIA KYC approval.
- Intellectual property developed under agreement vests in TGL upon successful completion and acceptance.