TREASURE GLOBAL INC 10-K

Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities. Market Information Our common stock is trading on the Nasdaq Capital Market under the symbol “TGL.” Holders As of June 30, 2024, there were 18 stockholders of record of our common stock. Because many of our shares of common stock are held by brokers and other institutions on behalf of stockholders, this number is not representative of the total number of beneficial owners of our stock. Dividends We have never declared or paid any cash dividend on our common stock. We intend to retain any future earnings to finance the operation and expansion of our business and fund our share repurchase program, and we do not expect to pay cash dividends in the foreseeable future. Securities Authorized for Issuance under Equity Compensation Plans We have not adopted any equity compensation plans as of June 30, 2024. The Board and the Compensation Committee of the Board of Directors of the Company (the “Compensation Committee”) approved the Treasure Global Inc 2023 Equity Incentive Plan on August 30, 2023 (the “2023 Plan”), and the Company intends to submit the approval of the 2023 Plan to the stockholders of the Company. Notwithstanding the foregoing, because the Company has limited cash resources at this time, it may issue shares or options to or enter into obligations that are convertible into shares of common stock with its employees and consultants as payment for services or as discretionary bonuses. Recent Sales of Unregistered Securities During the fiscal year ended June 30, 2024, the registrant has granted or issued the following securities of the registrant that were not registered under the Securities Act, as amended. (a) Issuance of Capital Stock . On October 12, 2023, the Company issued 42,044 shares of its common stock to a licensor pursuant to a License and Service Agreement. On October 30, 2023, we issued a total of 25,954 shares of our common stock to our former Chief Executive Officer, Chong Chan “Sam” Teo, and to Kok Pin “Darren” Tan in exchange for the cancellation of $321,562.08 in aggregate indebtedness. From May 2023 through November 8, 2023, we have issued 72,739 shares of our common stock to YA II PN, Ltd pursuant to the terms of Convertible Debentures purchased from the Company by YA II PN, Ltd. On December 19, 2023, the Company issued 142,858 shares of common stock to VT Smart Venture Sdn Bhd pursuant to a Software Development Agreement. On March 12, 2024, the Company issued 198,412 shares of common stock to Myviko Holding Sdn Bhd. pursuant to a Software Development Agreement. On April 8, 2024, the Company issued 126,082 shares of common stock to MYUP Solution Sdn Bhd pursuant to a Software Development Agreement. On May 5, 2024, the Company issued 20,000 shares to a consultant. On May 27, 2024, the Company issued 125,955 shares of common stock to Falcon Gateway Sdn Bhd pursuant to a Software Development Agreement. (b) Warrants . None. (c) Option Grants . None. (d) Issuance of Notes . None. Transfer Agent The transfer agent for the common stock is Vstock Transfer, LLC, 18 Lafayette Place, Woodmere, New York, telephone (212) 828-8436. 38 Item 6. [Reserved] Not applicable.