M&A
confidence high
sentiment neutral
materiality 0.60
Treasure Global sells V Gallant and Reveillon shares for $6.6M total
TREASURE GLOBAL INC
- New Year SPA: sells 1,300,000 V Gallant shares to New Year Holdings for $5.2M, paid in 36 monthly installments from Sep 1, 2026.
- HDGTL SPA: sells 700,000 Reveillon Group shares to Hung Dat Group Trade for $1.4M, also 36 monthly payments starting Sep 1, 2026.
- Milestone payments: V Gallant $144,444/mo for months 1-35, final $144,460; Reveillon $38,888/mo for 1-35, final $38,920.
- Escrow shares remain with agent as security until full payment; sale is without recourse, conditioned on escrow agent's consent.