Exchange Listing, LLC Advises Treasure Global Inc. and Secures Initial Public Offering and Nasdaq Listing
August 11 2022 - 8:41AM
Exchange Listing, LLC has finalized the Nasdaq Capital Markets
listing for its client, Treasure Global Inc ("TGI" or the
"Company") (Nasdaq: TGL) on August 10, 2022. Concurrent with the
Nasdaq listing, the Company announced the pricing of its initial
public offering of 2,000,000 shares of common stock (the "Common
Stock") at a public offering price of $4.00 per share. The gross
proceeds to TGI from the offering, before deducting the
underwriting discounts and commissions and offering expenses, are
expected to be $8,000,000. The shares are expected to begin trading
on the Nasdaq Capital Market on August 11, 2022, under the ticker
symbol “TGL” and the offering is expected to close on or about
August 15, 2022, subject to satisfaction of customary closing
conditions. EF Hutton, a division of Benchmark Investments, LLC
("EF Hutton"), acted as the sole book-running manager for the
offering.
Treasure Global Inc. ("TGI") has created an
innovative online-to-offline e-commerce platform, offering
consumers and merchants instant rebates and affiliate cashback
programs while providing a seamless e-payment solution with rebates
in both e-commerce and physical retailers/merchant settings.
Sam Teo, CEO of Treasure Global Inc., credits
Exchange Listing as "a powerful resource during this journey and
their extensive network and deep capital market guidance as well as
actionable knowledge was a huge asset to us. In addition, the
Exchange Listing team was hyper-focused on the successful outcome
of securing necessary growth capital and the Nasdaq listing".
"It has been a pleasure to work with Sam Teo and
the Treasure Global Team on this important milestone. Working with
a Malaysian company to provide access to a US listing has been an
exciting endeavor. I am looking forward to seeing Treasure Global
expand as a public company as the 'ZCITY' app continues to grow in
this diverse and exciting sector," said Peter Goldstein, CEO of
Exchange Listing.
Exchange Listing provides growth companies with
cost-effective and efficient direct access to one-stop solutions in
the strategic planning and implementation of listing and uplisting
on senior exchanges such as the Nasdaq or NYSE. Exchange Listing
serves as the primary point of contact with the exchange,
investment bankers, and lawyers throughout the listing process.
With extensive experience in investment banking, securities law,
corporate governance, and business management, Exchange Listing and
its strategic partners facilitate clients' listing and capital
markets objectives.
Contact Details
Peter GoldsteinPeter@exchangelistingllc.com(954)
998-5510
https://exchangelistingllc.com/
Treasure Global (NASDAQ:TGL)
Historical Stock Chart
From Jul 2024 to Aug 2024
Treasure Global (NASDAQ:TGL)
Historical Stock Chart
From Aug 2023 to Aug 2024