TREASURE GLOBAL INC

Treasure Global Inc. announced that its subsidiary, Tadaa Technologies Sdn Bhd, has entered into an exclusive distribution and maintenance agreement with Nervesis Sdn Bhd. This agreement grants Tadaa exclusive rights to commercialize, deploy, and support the AI-powered ZYGY Social Listening Platform for government sector use cases across Malaysia. This strategic move expands Treasure Global's AI commercialization roadmap, strengthens its position in Malaysia's GovTech ecosystem, and is expected to generate recurring revenue through subscriptions and services.

Treasure Global Inc. announced its 2026 Annual Meeting of Stockholders will be held virtually on July 14, 2026, at 9:00 a.m. Eastern Time. Shareholders will vote on the election of seven directors and the ratification of WWC, P.C. as the independent auditor for the fiscal year ending July 14, 2026. The record date for stockholders entitled to vote is June 10, 2026, with proxy materials made available on or about June 22, 2026.

Treasure Global Inc. has secured a US$15 million contract from Creative World Industries Sdn Bhd to develop and deploy an enterprise-grade Social Listening AI System. This agreement marks a significant strategic step for Treasure Global, accelerating its transition towards higher-value, AI-driven enterprise revenue streams and diversifying its revenue beyond its core digital ecosystem. The new AI system will leverage advanced large language models and NVIDIA-powered GPU computing to transform vast digital data into actionable business intelligence. The company expects this engagement to support follow-on deployments and expand its presence in the rapidly growing global AI market.

Treasure Global Inc. has entered into a Software Development Agreement with Nexe Cloud Limited to design, develop, and deliver an enterprise business intelligence system. The agreement, effective May 28, 2026, has a term of one year and includes a first milestone payment of $300,000. Nexe Cloud Limited will be responsible for various workstreams including architecture planning, data warehousing, integration, and BI visualization. The agreement also outlines terms for termination, intellectual property rights, indemnification, and confidentiality.

Treasure Global Inc. provided a preliminary financial outlook for the fiscal year ending June 30, 2026, expecting revenue to increase by over 100% year-over-year. This growth is attributed to the continued expansion of its digital ecosystem and increasing merchant adoption across Southeast Asia. The company also anticipates a stronger balance sheet and liquidity position following strategic financing and operational optimization efforts. Treasure Global continued to expand its integrated digital ecosystem, including the ZCITY Super App and Tazte F&B platform, and advanced its fintech strategy with AI-enabled technologies, with a focus on sustainable growth for fiscal year 2027.

Treasure Global Inc. entered into a Subscription Agreement with Legacy Trustee Berhad for a private placement of $1,200,000 of its common stock. The investment will be paid in four equal tranches of $300,000, with completion dates spanning from May 26 to June 23, 2026. The shares will be issued at a price based on the greater of $3.88 or the closing price prior to each tranche's completion, and the company plans to file a registration statement for their resale.

Treasure Global Inc. announced strong financial results for the third quarter ended March 31, 2026, with revenue increasing 125% year-over-year to $1.50 million. The company also reported a 135% rise in revenue for the nine months to $2.76 million, alongside significant increases in cash and stockholders' equity. Operational highlights included the expansion of its ZCITY Super App and Tazte F&B platform, and the advancement of its digital currency wallet and exchange initiative, reflecting a focus on fintech, digital commerce, and AI-enabled solutions.

Treasure Global Inc. reported a net loss of $7.56 million for the nine months ended March 31, 2026, a significant decline from a net income of $76,926 in the prior year, raising substantial doubt about its ability to continue as a going concern. The company's operating expenses surged, and gross profit plummeted despite an increase in revenue. During the period, Treasure Global also disposed of its equity interest in Tadaa Ventures and its subsidiary Bowlcrafted, recognizing a gain of $1.01 million.

Treasure Global Inc. announced the establishment of its Digital Asset Treasury, making an initial allocation of approximately US$176,000 to Ethereum. This strategic balance sheet initiative aligns with the institutionalization of blockchain-based financial infrastructure, with potential for capital deployment up to US$100 million over time. The company selected Ethereum for its foundational role in the on-chain economy and engaged BitGo for secure, compliant custody of its digital assets.

Treasure Global Inc. announced that Mr. Chan Wai Kuan resigned as a non-executive director of the board, effective May 1, 2026. His resignation was not due to any disagreement with the company. Concurrently, Tengku Dato Musahiddin Shah Bin Tengku Dato Seri Samad Shah Alhaj was appointed as a non-executive director for a 12-month term, effective May 1, 2026. He will receive a monthly fee of RM10,000 and is expected to leverage his extensive experience in government and private sector engagement in Malaysia to benefit the company.