- Treasure Global ( NASDAQ: TGL ) priced its upsized initial public offering of 2M shares at a public offering price of $4/share for gross proceeds of ~$8M.
- Underwriters granted 45-day option to purchase up to an additional 300K shares.
- Shares are expected to commence trading on the Nasdaq on Aug.11, 2022.
- Offer is expected to close on or about Aug.15, 2022.
- Net proceeds to be used for primarily increasing its capitalization and financial flexibility, in addition to working capital and general corporate purposes.
For further details see:
Treasure Global prices upsized $8M in stock offering