Treasure Global enters software development pact with Nexe Cloud; $300K milestone payment due

TREASURE GLOBAL INC

Engaged Nexe Cloud Limited to develop enterprise business intelligence system for centralized data and analytics.
First milestone payment of $300,000 due within two days of May 28, 2026 effective date.
Agreement term of one year; includes termination rights if acceptance tests fail three times.
Developer to indemnify Company for IP infringement and other losses; no liability for economic losses.
Confidentiality obligations for five years post-termination; perpetual for source code and security info.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

TREASURE GLOBAL INC entered into Software Development Agreement with Nexe Cloud Limited valued at US$300,000.00 (effective 2026-05-28).

Action: entry
Counterparty: Nexe Cloud Limited
Value: US$300,000.00
Effective: 2026-05-28

Exact text from the filing

On May 28, 2026, Treasure Global Inc, a Delaware corporation (the “Company”), entered into a Software Development Agreement (the "Agreement") with Nexe Cloud Limited, a company incorporated under the laws of the British Virgin Islands (the “Developer”).

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TREASURE GLOBAL INC filing history →

Source: SEC EDGAR

accession 0001213900-26-064736

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