secwatch.observer — SEC 8-K summary
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Issuer:     TREASURE GLOBAL INC (TGL)
CIK:        0001905956
Form:       8-K
Filed at:   2024-11-25T23:59:59+00:00
Accession:  0001213900-24-101767
Event type: regulatory
Sentiment:  negative
Materiality: 0.80
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Treasure Global receives Nasdaq bid price deficiency notice; 180 days to cure
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- Nasdaq notified TGL that its common stock failed to maintain $1.00 minimum bid price for 30 consecutive days through Nov 19, 2024.
- Company has 180 calendar days, until May 19, 2025, to regain compliance with Bid Price Rule 5550(a)(2).
- To cure, closing bid price must close at $1.00+ for at least 10 consecutive trading days before deadline.
- If not cured by May 19, 2025, TGL may be eligible for an additional 180-day period if it meets other listing standards.
- Stock continues trading on Nasdaq under TGL; no immediate delisting effect.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1905956/000121390024101767/0001213900-24-101767-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1905956/000121390024101767/ea0222207-8k_treasure.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-101767

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