Treasure Global to sell $1.2 million in stock to related persons under Regulation S
On October 15, 2026, Treasure Global entered into subscription agreements with three related persons, including Acting CEO Teo Chong Chan and CFO Pusparajan a/l Vadiveloo, to buy $1.2 million of common stock in two $200,000 tranches each. The price per share is the greater of $0.45 and the prior trading day's closing price before each tranche completes, so the share count will depend on the final pricing and would increase the number of outstanding shares.
Key points
- Agreements dated October 15, 2026 with Chan Meng Chun, Pusparajan a/l Vadiveloo and Teo Chong Chan, each buying $400,000 in two $200,000 tranches
- Price per share is the greater of $0.45 and the closing price on the trading day before each completion date
- If all tranches are priced at $0.45, the company may issue about 2,666,666 shares, or about 888,888 per investor
- Shares are restricted securities sold under Regulation S, subject to a six-month distribution compliance period
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 20, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.