other material
confidence high
sentiment neutral
materiality 0.50
Treasure Global raises $2.5M via registered direct offering of 250,000 shares at $10/sh
TREASURE GLOBAL INC
- Gross proceeds of $2.5M from sale of 250,000 shares at $10 per share to institutional investors.
- Net proceeds to be used for working capital and general corporate purposes.
- D. Boral Capital acted as placement agent with 7% fee and up to $80,000 expense reimbursement.
- Offering closed on December 11, 2025.
- Company agreed to a 30-day lockup on additional equity issuances after closing.