other material
confidence high
sentiment neutral
materiality 0.70
Treasure Global shareholders approve reverse stock split authorisation (1:2 to 1:20) for Nasdaq compliance
TREASURE GLOBAL INC
- Proposal 1: 8,837,102 votes for, 217,799 against, 14,986 abstain — approved.
- Authorises board to effect reverse split up to 1-for-20; can set timing or refrain.
- Purpose: maintain compliance with Nasdaq Listing Rule 5550(a)(2) (minimum bid price).
- Adjournment proposal also approved: 8,853,600 for, 169,945 against, 46,342 abstain.
- Meeting held Nov 24, 2025; quorum 53.47% of 16,962,004 outstanding shares.