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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): November 27, 2024

 

TREASURE GLOBAL INC

(Exact name of registrant as specified in its charter)

 

Delaware   001-41476   36-4965082
(State or other jurisdiction
of Incorporation)
  (Commission File Number)   (IRS Employer
Identification Number)

 

276 5th Avenue, Suite 704 #739
New York, New York
  10001
(Address of registrant’s principal executive office)   (Zip code)

 

+6012 643 7688

(Registrant’s telephone number, including area code)

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading symbol(s)   Name of each exchange on which
registered
Common Stock, par value $0.00001 per share   TGL   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

 

Item 1.01 Entry into a Material Definitive Agreement.

  

On November 27, 2024, Treasure Global Inc (the “Company”) entered into a subscription agreement (the “Subscription Agreement”) with certain investors (the “Investors”). Pursuant to the Subscription Agreement, the Investors agreed to invest an aggregate amount of $1,177,000.00 (the “Investment Amount”) into the Company for 3,566,668 shares of the Company’s common stock (the “Offered Shares”), par value $0.00001 at a negotiated purchase price of $0.33 (the “Offering”).The Investment Amount shall become due and payable when Offered Shares are registered under an effective Registration Statement filed by the Company with the Securities Exchange Commission. Investors shall make the payment within seven (7) days from the date of the Subscription Agreement. The Offering is expected to close on November 29, 2024, subject to the satisfaction of customary closing conditions.

 

All amounts payable by the Investor under this Subscription Agreement shall be paid in full, and in the currency mutually agreed upon, and free of and without any deduction or withholding for any current or future taxes, levies, duties, charges or other deductions or withholdings levied in any jurisdiction from or through which payment is made. The Company intends to use the net proceeds from this Offering for working capital and general corporate purposes.

 

The Subscription Agreements contain representations, warranties and agreements by the Company, customary conditions to closing, indemnification obligations of the Company, other obligations of the parties and termination provisions. The representations, warranties and covenants contained in the Subscription Agreements were made only for the purposes of such agreements and as of the specific dates, were solely for the benefit of the parties to such agreements and may be subject to limitations agreed upon by the contracting parties.

 

The Offered Shares are being sold pursuant to a prospectus supplement dated November 27, 2024 and accompanying base prospectus dated March 29, 2024. The prospectus supplement and accompanying base prospectus are related to the Company’s effective registration statement on Form S-3 (Registration Statement No. 333-278171) that was originally filed with the Securities and Exchange Commission on March 22, 2024, and which was declared effective on March 29, 2024.

 

Capitalized terms used herein and not otherwise defined are defined as set forth in the Subscription Agreement. The description of the Subscription Agreement contained in this Current Report on Form 8-K does not purport to be complete and is qualified by reference to the copy of the Subscription Agreement filed as Exhibit 10.1 to this Current Report on Form 8-K.

 

Item 8.01. Other Events

 

On November 27, 2024, we filed the Prospectus Supplement, dated as of November 27, 2024 under the registration statement on Form S-3 (File No. 333-278171), in respect of the financing with the Investors. The Prospectus Supplement included certain updated disclosures regarding the Company, in particular, in the sections captioned “Prospectus Supplement Summary-Recent Developments”. In addition, the Company is filing, as exhibits hereto, an opinion of Sichenzia Ross Ference Carmel LLP as Exhibit 5.1 and the consent of WWC, P.C., as Exhibit 5.1 and Exhibit 23.1, respectively.

 

Item 9.01. Financial Statement and Exhibits.

 

(d) Exhibits.

 

Exhibit No.   Description
5.1   Opinion of Sichenzia Ross Ference Carmel LLP
10.1   Subscription Agreement by and among the Company and the Investors dated November 27, 2024
23.1   Consent of WWC, P.C.
104   Cover Page Interactive Data File (embedded with the Inline XBRL document)

 

1

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: November 27, 2024 TREASURE GLOBAL INC.
     
  By: /s/ Carlson Thow
  Name:  Carlson Thow
  Title: Chief Executive Officer

 

 

 

2

 

Exhibit 5.1

 

 

 

November 27, 2024

 

Treasure Global Inc

276 5th Avenue, Suite 704 #739

New York, New York

 

Re: TREASURE GLOBAL INC

 

Ladies and Gentlemen,

 

We have acted as counsel to Treasure Global Inc, a Delaware corporation (the “Company”), in connection with the issuance of this opinion that relates to the a prospectus supplement dated November 27, 2024 and the accompanying base prospectus dated March 29, 2024 (together, the “Prospectus”) filed by the Company with the Securities and Exchange Commission pursuant to Rule 424(b)5) under the Securities Act of 1933, as amended (the “Securities Act”). The Prospectus is related to the Company’s Registration Statement on Form S-3 (No. 333-278171). The Prospectus covers the sale, by the Company to certain investors of 3,566,668 shares (the “Shares”) of common stock, par value $0.00001 per share, of the Company (“Common Stock”) at a negotiated purchase price of $0.33 per share of Common Stock, pursuant to a subscription agreement (the “Subscription Agreement”) among the Company and certain Investors, dated as of November 27, 2024.

 

This opinion letter is being delivered in accordance with the requirements of Item 601(b)(5)(i) of Regulation S-K under the Securities Act, and no opinion is expressed herein as to any matter pertaining to the contents of the Registration Statement.

 

In connection with the issuance of this opinion letter, we have examined originals or copies, certified or otherwise identified to our satisfaction, of such records of the Company and such agreements, certificates and receipts of public officials, certificates of officers or other representatives of the Company and others, and such other documents as we have deemed necessary or appropriate as a basis for the opinions stated below. As to any facts relevant to the opinions stated herein that we did not independently establish or verify, we have relied upon statements and representations of officers and other representatives of the Company and of public officials.

 

In our examination, we have assumed (i) the genuineness of all signatures, including endorsements, (ii) the legal capacity and competency of all natural persons, (iii) the authenticity of all documents submitted to us as originals, (iv) the conformity to original documents of all documents submitted to us as facsimile, electronic, certified or photostatic copies, and the authenticity of the originals of such copies and (v) the accuracy, completeness and authenticity of certificates of public officials.

 

Based upon the foregoing and subject to the qualifications and assumptions stated herein, we are of the opinion that the Shares have been duly authorized by all requisite corporate action on the part of the Company under the Delaware General Corporation Law (“DGCL”) and, when the Shares are delivered and paid for in accordance with the terms of the Purchase Agreement and when evidence of the issuance thereof is duly recorded in the Company’s books and records, the Shares will be validly issued, fully paid and non-assessable.  

 

1185 AVENUE OF THE AMERICAS | 31ST FLOOR | NEW YORK, NY | 10036

T (212) 930-9700 | F (212) 930-9725 | WWW.SRFC.LAW

 

 

 

 

 

 

Our opinion is expressly limited to the matters set forth above, and we render no opinion, whether by implication or otherwise, as to any other matters relating to the Company, the Shares, the Purchase Agreement or any other agreements or transactions that may be related thereto or contemplated thereby. We are expressing no opinion as to any obligations that parties other than the Company may have under or in respect of the Shares or as to the effect that their performance of such obligations may have upon any of the matters referred to above. No opinion may be implied or inferred beyond the opinion expressly stated above.

 

The opinion we render herein is limited to those matters governed by the DGCL as of the date hereof and we disclaim any obligation to revise or supplement the opinion rendered herein should the above-referenced laws be changed by legislative or regulatory action, judicial decision or otherwise. We express no opinion as to whether, or the extent to which, the laws of any particular jurisdiction apply to the subject matter hereof.

 

This opinion letter is rendered as of the date first written above, and we disclaim any obligation to advise you of facts, circumstances, events or developments that hereafter may be brought to our attention or that may alter, affect or modify the opinion expressed herein.

 

We hereby consent to the filing of this opinion as an exhibit to the Registration Statement. We also hereby consent to the reference to our firm under the heading “Legal Matters” in the Registration Statement. In giving this consent, we do not thereby admit that we are within the category of persons whose consent is required under Section 7 of the Securities Act or the General Rules and Regulations under the Securities Act. It is understood that this opinion is to be used only in connection with the offer and sale of the Shares being registered while the Registration Statement is effective under the Securities Act.

 

Very truly yours,  
   
  /s/ Sichenzia Ross Ference Carmel LLP
   
  Sichenzia Ross Ference Carmel LLP

 

1185 AVENUE OF THE AMERICAS | 31ST FLOOR | NEW YORK, NY | 10036

T (212) 930-9700 | F (212) 930-9725 | WWW.SRFC.LAW

 

 

 

 

Exhibit 10.1

 

Subscription Agreement

 

Dated 27 November 2024

 

 

 

 

(1) TREASURE GLOBAL INC

(Registration No. 790821)

(“Company” or “TGL”)

 

 

AND

 

 

(2) V INVESCO FUND (L) LIMITED

(Registration No: LL17636)

(“VIFL”)

 

 

AND

 

 

(3) CHAI JIA MIN

(NRIC No: 960730-13-5184)

(“CJM”)

 

 

 

 

 

SUBSCRIPTION AGREEMENT

 

 

 

 

 

 

THIS SUBSCRIPTION AGREEMENT is made on 27 November 2024.

 

BETWEEN

 

(1)TREASURE GLOBAL INC (Registration No. 790821), a company incorporated in Delaware and having an address for service at 276, 5th Avenue Suite, 704 #739 New York, NY 10001, United States (“Company” or “TGL”) of the first part;

 

AND

 

(2)V INVESCO FUND (L) LIMITED (Registration No: LL17636), a company incorporated in the Federal Territory of Labuan Malaysia and having its registered office at Lot A020, Level 1, Podium Level, Financial Park, Jalan Merdeka, 87000 Labuan, Wilayah Persekutuan, Malaysia (“VIFL”) of the second part; and

 

AND

 

(3)CHAI JIA MIN (NRIC No: 960730-13-5184), a Malaysian citizen having an address for service at No. 19, Jalan SP 6/7, Taman Segar Perdana, 56100 Cheras, Kuala Lumpur, Wilayah Persekutuan, Malaysia (“CJM”) of the third part.

 

(VIFL and CJM shall hereinafter be referred to each as an “Investor” and collectively, as “Investors”. TGL and the Investors shall hereinafter be referred to each as “Party” and collectively as “Parties”.)

 

RECITALS

 

(A)The Company is a Malaysian solutions provider developing innovative technology platforms.

 

(B)The Parties hereby agree that the Investors shall invest an aggregate amount of USD 1,177,000.00 (United States Dollar One Million One Hundred and Seventy-Seven Thousand) (“Investment Amount”) into the Company for the Sale Shares which will be issued to the Investors and that the Investment Amount shall be payable to the Company subject to and upon the terms and conditions of this Agreement.

 

OPERATIVE PROVISIONS

 

1DEFINITIONS

 

In this Agreement unless there is something in the subject or context inconsistent with such construction or unless it is otherwise expressly provided:-

 

Agreementmeans this Agreement concerning the Sale Shares of TGL, in which includes all schedules and appendices hereunder;
   
 Business Day means a day, excluding Saturday, Sunday or public holiday (gazetted or ungazetted and whether scheduled or unscheduled) on which banks and financial institutions are open for business in Kuala Lumpur;

 

2

 

 

ClaimIncludes, amongst others, any notice, demand, assessment, letter or other document issued or action taken by the fiscal authorities in Malaysia or other statutory or governmental authority, body or official whatsoever whereby the Company is or may be placed or sought to be placed under a liability to make payment or deprived of any relief, allowance, credit or repayment otherwise available;

 

Completionmeans the completion of the subscription of Sale Shares by the Investor, and allotment and issuance of the Sale Shares in accordance with Clause 5 of this Agreement;
   
 Completion Datemeans within fourteen (14) days from the Unconditional Date or such other date the Parties may agree in writing;
   
 Investment Amounthas the meaning as ascribed thereto in Recital (B);
   
 Material Adverse Changemeans an event or circumstance that constitutes a material adverse change in the business, assets, financial or operation position or prospects of TGL and its group of companies;

 

Partiesmeans collectively, the Investor and the Company and the expression “Party” shall refer to any one of them as the context may require;
   
 Registration Statementmeans a registration statement on Form S-1 or Form S-3 covering the resale by the Investor of the Sale Shares;
   
 Sale Sharesmeans 3,566,668 TGL Shares at a determined issuance price of USD0.33 (United States Dollar Thirty-Three Cents) per TGL Share;

  

SECmeans the United States Securities and Exchange Commission;
   
 Unconditional Datehas the meaning as ascribed thereto in Clause 4; and

 

Warrantiesmeans the representations and warranties of the Company as set out in this Agreement, including but not limited to the representations and warranties set out in Clause 6.

 

3

 

 

2INTERPRETATION

 

2.1In this Agreement, words importing the singular or the masculine gender will include the plural or the feminine/neuter genders or vice versa and references to persons include any individual, company, corporation, firm, partnership, joint venture, association, organisation, trust, state or agency of a state.

 

2.2The headings and sub-headings in this Agreement are inserted for convenience only and are to be ignored when construing the provisions of this Agreement.

 

2.3Any reference to statutes and rules made include any amendment, modification, consolidation or re-enactment in force from time to time and any statutory instrument or regulations made under it.

 

2.4Any reference to “law” includes common law and any constitution, decree, judgment, legislation, order, ordinance, regulation, statute, treaty or other legislative measure in any jurisdiction or any present or future directive, regulation, request or requirement (in each case, whether or not having the force of law, the compliance with which is in accordance with the general practice of person to whom the directive, regulation, request or requirement is addressed).

 

2.5A period of days from the occurrence of any event or the performance of any act or thing shall be deemed to exclude the day on which the event happens or the act or thing is done or to be done (and will be reckoned from the day immediately following such event or act or thing), and if the last day of the period is not a Business Day, then the period shall include the next following day which is a Business Day.

 

3AGREEMENT TO SUBSCRIBE

 

The Investors hereby agrees to subscribe USD1,177,000.00 (United States Dollar One Million One Hundred and Seventy-Seven Thousand) worth of Sale Shares, to be allocated in the following portion:

 

Name of Investor  Amount (USD)   No. of TGL Shares 
VIFL   921,212    2,791,552 
CJM   255,788    775,116 
Total   1,177,000    3,566,668 

 

The Company agrees to allot and issue the Sale Shares to the Investors in accordance with the terms and conditions as set out in this Agreement.

  

4

 

 

4PAYMENT

 

Unless otherwise provided, Investment Amount shall become due and payable upon the effectiveness of a Registration Statement filed by the Company with the SEC. The Company shall notify the Investors once the Registration Statement becomes effective, and the Investors shall make the payment within Seven (7) days from the date of this Agreement.

 

Upon the payment being made, the date shall be considered the “Unconditional Date”. Any indulgence granted by the Company in respect of the amounts payable herein should not constitute a waiver of or prejudice the Company’s rights thereto.

 

All amounts payable by the Investor under this engagement shall be paid in full, and in the currency mutually agreed upon, and free of and without any deduction or withholding for any current or future taxes, levies, duties, charges or other deductions or withholdings levied in any jurisdiction from or through which payment is made.

 

All amounts payable by the Investors to the Company shall be deposited into the designated bank account.

  

5COMPLETION

 

5.1Completion Arrangement

 

5.1.1Completion for the Sale Shares shall take place on the Completion Date.

 

5.1.2On or before the Completion Date, the Investors shall pay the Investment Amount for the Sale Shares to the Company or such other person as may be nominated and/or authorised by the Company in writing and, in exchange thereof, TGL shall deliver to each Investor on the Completion Date the below including that:-

 

(a)the relevant book-entry transfer or the electronic record representing the Sale Shares, which will be deposited into an account held by the Investor and/or its nominees; and

 

(b)the registration of the Investor as the holder of the Sale Shares, which will be reflected through the Investor’s brokerage account or an account specified by the Investor.

 

5.2Breach of Completion Obligations

 

If the foregoing provisions of Clause 5.1 are not fully complied with by the Investor by or on the Completion Date, the Company shall be entitled (in addition to and without prejudice to all other rights or remedies available, including the right to claim damages) by written notice to the Investor served on such date:

 

5.2.1to terminate this Agreement (other than the surviving provisions) without liability on its part;

 

5.2.2to effect Completion so far as practicable having regard to the defaults which have occurred; or

 

5.2.3to fix a new date for Completion in which case the provisions of this Clause 5.2 shall apply to Completion as so deferred but provided such deferral may only occur once.

 

5

 

 

6WARRANTIES

 

6.1Warranties of the Company

 

6.1.1The Company warrants and represents to the Investors:-

 

(a)that the statements contained in this Agreement are true and accurate in all respects;

 

(b)that no order has been made or petition has been presented for the winding-up of TGL;

 

(c)that the Company is duly incorporated under the laws of the State of Delaware and has the power and capacity to enter into and to execute all relevant documents pertaining to this Agreement and all necessary corporate, governmental and other approvals have been obtained to enable the Company to perform the terms and conditions as set out in this Agreement;

 

(d)that the Sale Shares are free from encumbrances;

 

(e)that the Sale Shares will be validly issued;

 

(f)that all actions, conditions and things required to be taken, fulfilled and done (including without limitation the obtaining of any necessary consents or license or the making of any filing or registration) (i) in order to enable them to lawfully enter into, exercise its rights and perform and comply with their obligations under this Agreement and to ensure that those obligations are legally binding and enforceable and (ii) for the issuance of the Sale Shares, are fulfilled and done; and

 

(g)that there are no current or pending legal proceedings against the Company or any of their directors or shareholders.

 

6

 

 

6.2Warranties of the Investor

 

Each Investor warrants and represents to the Company:

 

6.2.1that the Investor has full knowledge of and undertakes that:-

 

(a)the Sale Shares involves risks as the return to the Investors is depending upon the performance of TGL and that the Investor shall take full cognizance of all risks in connection with the Sale Shares; and

 

(b)any projections, predictions, information and/or materials, made available to the Investor in connection with the Sale Shares, are derived from TGL’s reasonable estimation, assumptions and/or forecasts and, are made available without representations or warranties as to its accuracy and or completeness. The Investor hereby expressly agrees that any reliance upon or conclusions drawn therefrom shall be at such Investor’s own risk and shall not give rise to any liability of or against the Company.

 

6.2.2that the Investor shall undertake to meet all the terms and conditions stipulated herein;

 

6.2.3that the Investor agrees to abide by and comply with all relevant anti-money laundering laws and regulations that are in force and to ensure that by subscribing to the Sale Shares will not be in breach of any laws and regulations that are in force from time to time; and

 

6.2.4that the Investor has read and fully understand the terms and conditions of this Agreement and that the Investor has obtained advice from Investor’s advisors independent from the Company and TGL, including but not limited to, the Investor’s personal investment, tax and/or legal advisors prior to the subscription of the Sale Shares and the Investor did not rely on any other representation(s) and/or information(s) that is/are inconsistent with the terms and conditions herein.

 

7

 

 

7INDEMNITY

 

7.1Notwithstanding any other provision of this Agreement, each Investor undertakes to indemnify and hold harmless the Company, TGL and its Directors, officers, members, and advisors, whether individually and/or collectively, from and against all losses, liabilities, obligations, damages, Claims, proceedings, costs, expenses and/or whatsoever which may incur by reason of:-

 

(a)the failure of the Investor to fulfill any of the terms and conditions set out in this Agreement;

 

(b)any breach or inaccuracy in any of the representations, warranties and/or covenants made by the Investor in connection with this Agreement; or

 

(c)any action, suit or proceeding based upon the fact that the Investor’s representations, warranties and/or covenants were inaccurate or misleading or otherwise cause for obtaining damages or redress from the Company or TGL.

 

8UNDERTAKINGS

 

8.1Positive Undertakings

 

Save as otherwise contemplated in this Agreement, the Company hereby undertakes to the Investors that:-

 

(a)it will promptly furnish to the Investor such information as the Investor may reasonably require from time to time of TGL; and

 

(b)it shall within a period of fourteen (14) Business Days report any Material Adverse Change of which the Company (have constructive knowledge of) in the prospects, business, operations or financial condition of TGL in writing to the Investor.  

 

9NOTICES

 

9.1Service of Notice

 

A notice or other communication required or permitted, under this Agreement, to be served on a person must be in writing and may be served:-

 

(a)by way of personal service;

 

8

 

 

(b)by way of leaving it at the person’s current address for service;

 

(c)by way of post, postage prepaid; or

 

(d)by facsimile.

 

9.2Particulars for Service

 

9.2.1The particulars for service of the Investor and the Company are as stipulated above.

 

9.2.2Any Party may change its particulars for service by way of written notice to the other.

 

9.3Time of Service

 

A notice or other communication is deemed served:

 

9.3.1if given or made by facsimile immediately; or

 

9.3.2if given or made by hand when dleft at the address required by Clause 9.2 above; or

 

9.3.3if given by post, THREE (3) Business Days after posting and in proving the same it shall be sufficient to show that the envelope containing the same was duly addressed, stamped and posted.

 

10GENERAL

 

10.1Governing Law and Jurisdiction

 

This Agreement is governed by and is to be construed in accordance with the laws of Malaysia. Each party irrevocably and unconditionally submits to the non-exclusive jurisdiction of the courts of Malaysia and waives any right to object to proceedings being brought in those courts.

 

10.2Time

 

Time is of the essence as regards all dates, periods of time and times specified in this Agreement.

 

10.3Waiver and Exercise of Rights

 

10.3.1Notwithstanding any provisions stated herein, a single or partial exercise or waiver of a right relating to this Agreement does not prevent any other exercise of that right or the exercise of any other right.

 

10.3.2No party will be liable for any loss or expenses incurred by another party caused or contributed to by the waiver, exercise, attempted exercise, failure to exercise or delay in the exercise of a right.

 

9

 

 

10.4Further Assurance

 

The Parties covenant with each other that they will respectively sign execute and do and procure all other persons or companies, if necessary, to execute and do all such further deeds, assurance, acts and things as may be necessary to give valid effect to the terms and conditions of this Agreement.

 

10.5Extent of Agreement

 

This Agreement binds the heirs, personal representatives, successors- in-title, assigns or nominees, as the case may be, of the Parties and may be signed in counterparts. If signed by the Parties in respective counterparts, this Agreement is deemed to have been duly executed by relevant Parties and will come into full force and effect.

 

10.6Illegality and Severability of Provisions

 

10.6.1The illegality, invalidity or unenforceability of any provision of this Agreement under the law of any jurisdiction will not affect its legality, validity or enforceability under the law of any other jurisdiction, nor the legality, validity or enforceability of any other provision.

 

10.6.2If a provision in this Agreement is held to be illegal, invalid, void, voidable or unenforceable, that provision must be read down to the extent necessary to ensure that it is not illegal, invalid, void, voidable or unenforceable.

 

10.6.3If it is not possible to read down the provision as required in this clause, that provision is severable without affecting the validity or enforceability of the remaining part of that provision or the other provisions in this Agreement.

 

10.7Costs and Expenses

 

10.7.1The Company shall bear all costs and expenses incurred in the preparation and execution of this Agreement.

 

10.7.2Notwithstanding the Company’s foregoing obligation above, each Party shall bear its own costs and/or expenses incurred from any disputes arising out of or in connection with this Agreement, unless otherwise stipulated or agreed.

 

10.8Entire Agreement

 

This Agreement constitute the entire agreement and understanding between the Parties with respect to the subject matter and supersedes all previous term sheets, proposals, representations, warranties, agreements relating thereto whether oral, written or otherwise and no Party shall modify this Agreement unless with the written consent of all Parties.

 

(The remainder of this page is intentionally left blank)

 

10

 

 

EXECUTED BY the Parties as an agreement on the date first stated hereof:
     
Company    
     
Signed by )  
for and on behalf of )  
TREASURE GLOBAL INC )  
(Registration No. 790821) ) /s/ Carlson Thow
    Name: Carlson Thow
Designation: CEO and Director
     
Investor Subscribing to 2,791,552 TGL Shares
     
Signed by )  
For and on behalf of )  
V INVESCO FUND (L) LIMITED )  
(Registration No: LL17636) ) /s/ Ang Zhi Feng
    Name: Ang Zhi Feng
Designation: Director
     
Investor Subscribing to 775,115 TGL Shares
     
Signed by )  
  )  
CHAI JIA MIN )  
(NRIC No: 960730-13-5184) ) /s/ CHAI JIA MIN

 

 

11

 

 

Exhibit 23.1

 

 

Consent of Independent Registered Public Accounting Firm

 

We hereby consent to incorporation by reference in this Registration Statement on Form S-3 (No. 333-278171) of Treasure Global Inc and its subsidiaries (collectively the “Company”) of our report dated September 30, 2024 included in this Company’s annual report on Form 10-K, relating to the audit of the consolidated balance sheets of the Company as of June 30, 2024 and 2023, and the related consolidated statement of operations and comprehensive loss, changes in stockholders’ deficiency, and cash flows in each of the year for the two years period ended June 30, 2024 and the related notes included herein.

 

We also consent to the reference of WWC, P.C. as an independent registered public accounting firm, as experts in matters of accounting and auditing.

 

  /s/ WWC, P.C.
San Mateo, California WWC, P.C.
November 27, 2024 Certified Public Accountants
  PCAOB ID: 1171

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Cover
Nov. 27, 2024
Cover [Abstract]  
Document Type 8-K
Amendment Flag false
Document Period End Date Nov. 27, 2024
Entity File Number 001-41476
Entity Registrant Name TREASURE GLOBAL INC
Entity Central Index Key 0001905956
Entity Tax Identification Number 36-4965082
Entity Incorporation, State or Country Code DE
Entity Address, Address Line One 276 5th Avenue
Entity Address, Address Line Two Suite 704 #739
Entity Address, City or Town New York
Entity Address, State or Province NY
Entity Address, Postal Zip Code 10001
City Area Code +6012
Local Phone Number 643 7688
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Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock, par value $0.00001 per share
Trading Symbol TGL
Security Exchange Name NASDAQ
Entity Emerging Growth Company true
Elected Not To Use the Extended Transition Period false

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Treasure Global (NASDAQ:TGL)
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