Treasure Global Inc: enters into $1,200,000 subscription agreements

What happened

• On Oct 15, 2026, Treasure Global Inc entered into separate Subscription Agreements with Chan Meng Chun, Pusparajan a/l Vadiveloo and Teo Chong Chan under which each Investor agreed to purchase $400,000 of the Company’s common stock in two equal $200,000 tranches, for an aggregate of $1,200,000.
• The offerings are being made in reliance on Regulation S under the Securities Act.

Key details

• Purchase mechanics: Tranche Shares for a $200,000 tranche equal the tranche payment divided by the greater of $0.45 (Execution Date Price) and the closing price on the Trading Day immediately preceding the applicable completion date (Completion Date Price). The purchase price per share is not less than the Minimum Price under Nasdaq Listing Rule 5635(a).
• Payment and completion: Each tranche payment may be made in cash, by wire transfer and/or in USDT (valued at $1.00). Completion of a tranche occurs after receipt of the corresponding tranche payment in full and satisfaction of investor representations and covenants.
• restrictions and law: All shares are restricted securities under the Securities Act and subject to Rule 144 and other restrictions, including a six-month distribution compliance period, prohibition on directed selling efforts, non-U.S. purchaser requirement, and limits on hedging and transfers. Each Subscription Agreement is governed by Malaysian law and the parties submit to the courts of Malaysia.
• related persons and roles: Each Investor is a related person of the Company: Teo Chong Chan is acting chief executive officer and an executive director; Pusparajan a/l Vadiveloo is chief financial officer; Chan Meng Chun is an executive director.

Why it may matter

• Item reported: this current report includes Item 1.01 (entry into a material definitive agreement) and Item 3.02 (unregistered sales of equity securities). Item 1.01 covers the Subscription Agreements described above; Item 3.02 covers the issuance of restricted shares in reliance on Regulation S. A filing does not show why the insider traded or why the company acted.