Treasure Global Announces 1:70 Reverse Stock Split
Treasure Global Inc. (TGL)
Company Research
Source: GlobeNewswire
NEW YORK and KUALA LUMPUR, Malaysia, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ: TGL) (“Treasure Global” or the “Company”), an innovative technology solutions provider, announced today that it will effect a 1-for-70 reverse stock split (“Reverse Stock Split”) of its common stock, par value $0.00001 per share (“Common Stock”). Treasure Global’s Common Stock will continue to trade on The Nasdaq Capital Market (“Nasdaq”) under the existing symbol “TGL” and will begin trading on a split-adjusted basis when the market opens on February 27, 2024. The new CUSIP number for the Common Stock following the Reverse Stock Split will be 89458T205. The Reverse Stock Split is primarily intended to bring the Company into compliance with the $1.00 minimum bid price requirement for maintaining its listing on Nasdaq. There is no guarantee the Company will meet the minimum bid price requirement. On January 5, 2024, the Company’s stockholders approved a proposal to authorize a revers
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TGL
Earnings
- 2/14/24 - Beat
TGL
Sec Filings
- 5/14/24 - Form 10-Q
- 5/2/24 - Form DEF
- 4/22/24 - Form PRE
- TGL's page on the SEC website