Malaysia's Treasure Global closes Nasdaq IPO
FILE PHOTO: A view of the exterior of the Nasdaq market site in the Manhattan borough of New York City环球ug代理开户（www.ugbet.us）开放环球UG代理登录网址、会员登录网址、环球UG会员注册、环球UG代理开户申请、环球UG电脑客户端、环球UG手机版下载等业务。
KUALA LUMPUR: Malaysia’s e-commerce platform company Treasure Global Inc today announced the closing of its upsized initial public offering (IPO) of 2.30 million shares of its common stock at a public offering price of US$4 per share, for aggregate gross proceeds of about US$9.2 million. (US$1=RM4.45)
The company said its common stock began trading on the Nasdaq capital market on Aug 11, 2022, under the symbol "TGL”.,
"The company intends to use the net proceeds from the offering primarily to increase its capitalisation and financial flexibility, in addition to working capital and general corporate purposes,” said Treasure Global in a statement.
EF Hutton, a division of Benchmark Investments, LLC acted as the sole book-running manager for the offering.
TGI is a Malaysian e-commerce platform providing seamless payment solutions for consumers and merchants with instant rebates and affiliate cashback programmes. - Bernama