TREASURE GLOBAL INC 8-K

What Happened

• Treasure Global Inc. (TGL) announced on a Form 8‑K (filed Dec 29, 2025) that on Dec 22, 2025 it entered a Share Sale Agreement to sell 100% of Tadaa Ventures Sdn. Bhd. (formerly VWXYZ Ventures) — which wholly owns Bowlcrafted Sdn. Bhd. — to Maison de Cuisine Sdn. Bhd.
• The purchase consideration is entirely in Reveillon Group Limited ordinary shares (“RG Shares”) with an agreed aggregate value of US$1,400,000 based on US$2.00 per share (700,000 RG Shares). The RG Shares will be issued or transferred into escrow for the benefit of TGL.

Key Details

• Agreement date: December 22, 2025; 8‑K filed December 29, 2025.
• Consideration: US$1,400,000 in RG Shares (US$2.00/share → 700,000 shares), to be placed in escrow.
• Buyer: Maison de Cuisine Sdn. Bhd. (Malaysia). Target: Tadaa Ventures Sdn. Bhd. and its subsidiary Bowlcrafted Sdn. Bhd.
• Closing: Expected within five business days after satisfaction of customary conditions (corporate/third‑party approvals, issuance/escrow of RG Shares, reps/warranties accuracy, no material adverse change).
• Regulatory/financial reporting: Transaction is not a “significant” asset disposition under Rule 1‑02(w) of Regulation S‑X; no financial statements or pro forma information required.

Why It Matters

• This is a divestiture of a non‑core food & beverage asset as part of TGL’s stated strategy to simplify its corporate structure and reallocate capital and management focus toward its core fintech and digital‑asset initiatives (e.g., OXI Wallet, real‑world‑asset tokenisation, advisory/distribution).
• For investors, the deal reduces TGL’s exposure to its F&B operations and may improve corporate focus and capital efficiency; because the consideration is in RG Shares and the transaction is not deemed a significant disposition, immediate financial reporting impact is limited per the filing.