Treasure Global Inc. announces a 1-for-20 reverse stock split to enhance its per-share trading price on the Nasdaq Capital Market.
The reverse stock split aims to assist in regaining compliance with the Nasdaq minimum bid price requirement of USD 1.00 per share.
The Company filed a Certificate of Amendment on December 2, 2025, to effect the reverse stock split at a ratio of 1-for-20.
Reverse Stock Split
1-for-20 reverse stock split will combine and convert twenty current shares into one new share, affecting outstanding equity awards and the total outstanding shares.
Purpose
The split is intended to increase the per-share trading price to meet Nasdaq's minimum bid price requirement.
Compliance
Although the split aims to assist in compliance, there is no assurance of long-term Nasdaq listing requirements.
- The reverse stock split will adjust the per-share trading price and reduce the total outstanding shares from 16,962,004 to approximately 848,100 shares.
- All stockholders will be uniformly affected by the split with no change in their percentage interest in the Company's equity.
Treasure Global's 1-for-20 reverse stock split is a strategic move to meet Nasdaq bid price compliance requirements. While the split aims to increase the per-share trading price, its long-term impact on the Company's market position and investor sentiment remains to be seen.