Treasure Global raises $1.2M via private placement with variable pricing, shares resalable in 60-90 days

Filed May 29, 2026 · Period ending May 26, 2026 · ~1 min read

Key Changes

• high

  TGL sold $1.2M of common stock to Malaysian investor Legacy Trustee Berhad in four $300K tranches over one month, with binding commitment regardless of market conditions.

  Item 1.01 verify on EDGAR →
• high

  Share price per tranche is the higher of $3.88 or prior day's close, meaning dilution varies with stock price—less dilution if stock falls below $3.88, investor pays more if it rises.

  Item 1.01 verify on EDGAR →
• medium

  Company must register shares for resale within 60 days and get registration effective within 90-120 days, potentially creating selling pressure as newly issued shares hit the market.

  Item 1.01 verify on EDGAR →