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confidence high
sentiment neutral
materiality 0.60
Treasure Global announces 1-for-20 reverse stock split to comply with Nasdaq bid price rule
TREASURE GLOBAL INC
- Reverse stock split at 1-for-20 ratio, effective 12:01 a.m. ET on Dec 5, 2025.
- Approved by stockholders on Nov 24, 2025; board set ratio on Dec 2.
- Outstanding shares reduced from ~16.96M to ~848,100.
- Ticker remains 'TGL'; new CUSIP 89458T403.
- Aimed at regaining compliance with Nasdaq minimum $1 bid price requirement.