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Treasure Global awarded $60K in stock to executives to boost hiring for its growing super app.
Treasure Global Inc. (TGL) announced on October 22, 2025, that its board approved $60,000 inducement equity awards for two executives under Nasdaq’s rule for hiring incentives. The awards, vesting on October 1, 2025, require 24 months of continued employment and will be settled in company shares. The move aims to attract key talent as the company expands its ZCITY Super App, a digital platform with over 2.7 million users as of March 2025, in fintech and e-commerce. The company operates in AI-driven digital transformation, with risks including market volatility, competition, and cybersecurity. The disclosure complies with Nasdaq listing requirements.