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Stock impact report

Treasure Global Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

Treasure Global Inc. (TGL) 
Company Research Source: GlobeNewswire
KUALA LUMPUR, Malaysia, Oct. 24, 2025 (GLOBE NEWSWIRE) -- Treasure Global Inc. (NASDAQ: TGL) (“Treasure Global” or the “Company”), a Southeast Asia–anchored technology company, today announced that its Board of Directors has approved the grant of inducement equity awards to Boon Souw Fung and Tan Ee Wei (collectively, the “Grantees”), pursuant to Nasdaq Listing Rule 5635(c)(4). The inducement awards, approved by the Board on October 22, 2025, are expected to be granted upon completion of customary documentation and were made as a material inducement to the Grantees to enter into and remain in employment with the Company. Each Grantee will receive an inducement equity award with a total grant value of USD 60,000, which will vest on October 1, 2025, subject to the Grantee’s continuous employment with TGL for a period of twenty-four (24) months from the commencement date of October 1, 2025. The awards will be settled in shares of TGL’s common stock in accordance with the terms of the Show less Read more
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