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Treasure Global Priced, Nasdaq: TGL

Provides an e-payment app in Malaysia that offers instant rebates.

Industry: Technology

Latest Trade: $0.20 0.00 (0.0%)

First Day Return: +345.5%

Return from IPO: -99.9%

Industry: Technology

Our mission is to bring together the worlds of online e-commerce and offline physical retailers; widening consumer choice and rewarding loyalty, while sustaining and enhancing our earning potential. We have created an innovative online-to-offline (“O2O”) e-commerce platform business model offering consumers and merchants instant rebates and affiliate cashback programs, while providing a seamless e-payment solution with rebates in both e-commerce (i.e., online) and physical retailers/merchant (i.e., offline) settings. Our proprietary product is an internet application (or “App”) branded “ZCITY App,” which was successfully launched in Malaysia in June 2020. We have the know-how and expertise to develop additional/add-on technology-based products and services to complement the ZCITY App, thereby growing its reach and user base. Through simplifying a user’s e-payment gateway experience, as well as by providing great deals, rewards and promotions with every use, we aim to make the ZCITY App Malaysia’s top reward and payment gateway platform. Our longer-term goal for the ZCITY App is for it to become one of the most used applications throughout Southeast Asia (“SEA”) and Japan.
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IPO Data
IPO File Date 04/19/2022
Offer Price $4.00
Price Range $4.00 - $6.00
Offer Shares (mm) 2.0
Deal Size ($mm) $8
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 08/10/2022
Offer Price $4.00
Price Range $4.00 - $6.00
Offer Shares (mm) 2.0
Deal Size ($mm) $8
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
D. Boral Capital
Company Data
Headquarters New York, NY, United States
Founded 2017
Employees at IPO 48
Website www.treasureglobal.co

Treasure Global (TGL) Performance