Treasure Global concludes Alumni Capital equity facility

Treasure Global Inc. (NASDAQ: TGL) announced the conclusion of its equity line facility with Alumni Capital LP, with the commitment period ending as scheduled on December 31, 2025.

The facility was initially established under a Purchase Agreement announced on October 10, 2024, and subsequently amended on January 27, 2025. The agreement provided the Malaysia-based technology company with discretionary access to equity financing during the defined commitment period.

All share issuances under the Alumni Facility are complete, and no early termination penalties or additional amounts are payable to Alumni Capital, according to the company's statement.

"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."

The company stated it will focus on scaling OXI Wallet, advancing UNIRWA real-world-asset initiatives, and integrating Quarters Elite to drive fintech and digital-asset revenues.

Treasure Global operates the ZCITY Super App, which integrates e-payment solutions with customer loyalty rewards. As of June 2025, ZCITY reported over 2.7 million registered users.

The company indicated it will continue to assess financing options as part of its capital planning process and will provide updates through SEC filings and public announcements.

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