Treasure Global Inc. announces compliance restored with Nasdaq's requirements, allowing continued trading of its common stock.
Quiver AI Summary
Treasure Global Inc. announced that it has regained compliance with Nasdaq's minimum bid price requirement, as confirmed by The Nasdaq Stock Market on December 23, 2025. This compliance allows the company to continue its listing on Nasdaq without interruption, and the scheduled hearing set for January 27, 2026, has been canceled. CEO Carlson Thow expressed satisfaction over this resolution, highlighting the company's focus on executing its strategic plans and enhancing shareholder value. Treasure Global, based in Malaysia, specializes in technology solutions, including its flagship ZCITY Super App, which integrates e-payment and customer loyalty features. As of June 2025, ZCITY has over 2.7 million registered users, positioning the company as a significant player in Malaysia’s digital economy.
Potential Positives
- Treasure Global has regained compliance with Nasdaq's minimum bid price requirement, ensuring continued listing and trading on the exchange.
- The cancellation of the previously scheduled Nasdaq hearing allows the company to focus on its strategic plans without the uncertainty of potential delisting.
- The press release highlights the company’s significant user base of over 2.7 million registered users for its flagship ZCITY Super App, showcasing its position in Malaysia's digital economy.
Potential Negatives
- The press release indicates that the company had previously been non-compliant with Nasdaq's minimum bid price requirement, suggesting past issues with its stock performance.
- Despite regaining compliance, the previous need for a hearing indicates that the company was at risk of being delisted, which may have raised concerns among investors about its financial stability.
- The use of forward-looking statements highlights numerous risks and uncertainties that could adversely affect the company's future performance, including competition and regulatory risks, which may concern current and potential investors.
FAQ
What recent compliance achievement did Treasure Global announce?
Treasure Global announced it has regained compliance with Nasdaq’s minimum bid price requirement as of December 23, 2025.
What does this compliance mean for Treasure Global's stock?
This compliance allows Treasure Global's common stock to continue being listed and actively traded on The Nasdaq Stock Market without interruption.
What is the significance of the Nasdaq hearing being cancelled?
The cancellation of the Nasdaq hearing on January 27, 2026, indicates that the compliance issue has been resolved satisfactorily.
What innovative solutions does Treasure Global offer?
Treasure Global offers the ZCITY Super App, integrating e-payment solutions with customer loyalty rewards, enhancing the online-to-offline experience.
How many users does the ZCITY Super App currently have?
As of June 2025, the ZCITY Super App has attracted over 2.7 million registered users.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$TGL Hedge Fund Activity
We have seen 5 institutional investors add shares of $TGL stock to their portfolio, and 4 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- DRW SECURITIES, LLC added 150,376 shares (+inf%) to their portfolio in Q3 2025, for an estimated $169,924
- UBS GROUP AG removed 34,434 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $38,910
- GEODE CAPITAL MANAGEMENT, LLC added 18,724 shares (+inf%) to their portfolio in Q3 2025, for an estimated $21,158
- JANE STREET GROUP, LLC added 17,726 shares (+inf%) to their portfolio in Q3 2025, for an estimated $20,030
- VIRTU FINANCIAL LLC removed 15,477 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $17,489
- CUBIST SYSTEMATIC STRATEGIES, LLC added 12,713 shares (+inf%) to their portfolio in Q3 2025, for an estimated $14,365
- TOWER RESEARCH CAPITAL LLC (TRC) removed 2,646 shares (-53.0%) from their portfolio in Q3 2025, for an estimated $2,989
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
KUALA LUMPUR, Malaysia, Jan. 05, 2026 (GLOBE NEWSWIRE) -- Treasure Global Inc. ( NASDAQ: TGL ) (“ Treasure Global ” or the “ Company ”), a Southeast Asia–anchored technology company focused on building a scalable fintech and digital-asset ecosystem, today announced that on December 23, 2025, it received a formal notice from The Nasdaq Stock Market (“Nasdaq”) indicating that the Company has regained compliance with Nasdaq’s minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). The Company is now in compliance with the Nasdaq Capital Market’s listing requirements.
Nasdaq has confirmed that the previously scheduled hearing before the Nasdaq Hearings Panel on January 27, 2026, has been cancelled. Treasure Global’s common stock will continue to be listed and actively traded on The Nasdaq Stock Market without interruption.
“We are very pleased to receive Nasdaq’s confirmation that we are back in full compliance with Nasdaq’s minimum bid price requirement,” said Carlson Thow, Chief Executive Officer of Treasure Global. “With this listing matter resolved, the Company is well positioned to continue executing on its strategic plans and to focus on building sustainable, long-term shareholder value.”
About Treasure Global:
Treasure Global is a Malaysia-based technology solutions provider specializing in innovative platforms that drive digital transformation in retail and services. The Company’s flagship product is the ZCITY Super App, which integrates e-payment solutions with customer loyalty rewards to create a seamless online-to-offline user experience. As of June 2025, ZCITY has attracted over 2.7 million registered users, positioning Treasure Global as a key player in Malaysia’s digital economy. Treasure Global continuously leverages cutting-edge technologies, including artificial intelligence and data analytics, to enhance its platform’s capabilities across e-commerce, fintech, and other verticals.
Visit treasureglobal.org for more information.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements reflect the Company’s current expectations, assumptions, and projections about future events and are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Forward-looking statements typically include terminology such as “anticipates,” “believes,” “expects,” “intends,” “may,” “plans,” “projects,” “seeks,” “should,” “will,” or similar expressions.
Factors that could cause actual results to differ materially include, without limitation, the Company’s ability to expand its e-commerce platform and F&B distribution business, customer acceptance of new products and services, changes in economic conditions affecting its operations, the outcome of partnership discussions, the impact of global health crises, supply chain disruptions, competition, and regulatory risks related to data privacy and security. Additional risks include volatility in digital asset markets, potential vulnerabilities in custodial security, and evolving global and domestic regulatory frameworks applicable to blockchain technologies. These risks, along with other factors, are discussed in more detail in the Company’s filings with the U.S. Securities and Exchange Commission.
The forward-looking statements in this press release speak only as of the date hereof. The Company assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
CONTACT
Investor and media contact:
Investor Relations Team
Treasure Global
[email protected]