KUALA LUMPUR, Malaysia, Jan. 06, 2026 (GLOBE NEWSWIRE) -- Treasure Global Inc. (NASDAQ: TGL) (“Treasure Global” or the “Company”), a Southeast Asia–anchored technology company, today announced the conclusion of its previously disclosed equity line facility with Alumni Capital LP (“Alumni Capital”), a capital-structure step under which no further dilution will occur pursuant to this agreement.
As previously announced on October 10, 2024 and subsequently amended on January 27, 2025, the equity line facility (the “Alumni Facility”) was established under a Purchase Agreement that provided the Company with a discretionary access to equity financing during a defined commitment period ending on December 31, 2025, subject to customary conditions and limitations.
The commitment period under the Alumni Facility has now reached its scheduled end in accordance with the terms of the agreement, and the facility has been concluded. All share issuances under the Alumni Facility are now complete, and there are no early termination penalties or additional amounts payable by the Company to Alumni Capital.
“The Alumni facility gave us flexibility at a time when we were restructuring the business and building out our platforms,” said Carlson Thow, Chief Executive Officer of Treasure Global. “With the agreement now completed on its original timetable and no further dilution from this facility, we will move into the next phase with a cleaner capital structure and full attention on the execution – scaling OXI Wallet, advancing the UNIRWA real-world-asset initiatives and integrating Quarters Elite to drive recurring fintech and digital-asset revenues.”
Treasure Global remains focused on disciplined capital use and the execution of its growth strategy and will continue to assess financing options as part of its normal capital planning process, providing further updates through its regular SEC filings and public announcements.
About Treasure Global:
Treasure Global is a Malaysia-based technology solutions provider specializing in innovative platforms that drive digital transformation in retail and services. The Company’s flagship product is the ZCITY Super App, which integrates e-payment solutions with customer loyalty rewards to create a seamless online-to-offline user experience. As of June 2025, ZCITY has attracted over 2.7 million registered users, positioning Treasure Global as a key player in Malaysia’s digital economy. Treasure Global continuously leverages cutting-edge technologies, including artificial intelligence and data analytics, to enhance its platform’s capabilities across e-commerce, fintech, and other verticals.
