Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

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Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

InvestorNewsBreaks – Treasure Global Inc. (NASDAQ: TGL) Closes on Multimillion-Dollar Convertible Debt Facility

Treasure Global (NASDAQ: TGL), an innovative e-commerce platform providing seamless technology enabled solutions for lifestyle needs, has signed an agreement with a single institutional investor for an unsecured convertible debt facility. The agreement is for up to $5.5 million to be drawn in tranches. According to the announcement, Treasure Global anticipates using the first $2 million drawdown to continue developing innovative new products and solutions as well as for working capital and general corporate purposes. “We are pleased to reach an agreement for financing of up to $5.5 million, to provide TGI with additional runway to continue the development of our pipeline of innovative technology offerings for lifestyle needs,” said Treasure Global CEO Sam Teo in the press release. “The additional capital will provide TGI with greater financial flexibility as we remain focused on increasing user engagement and enhancing our product offerings to generate revenue with improved margins.”

To view the full press release, visit https://ibn.fm/YgS52

About Treasure Global Inc.

Treasure Global is an innovative Malaysian e-commerce platform providing seamless technology enabled solutions for lifestyle needs with instant rebates and affiliate cashback programs. On a mission to bring together the worlds of online e-commerce and offline physical retailers, TGI is developing a portfolio of leading digital platforms for use throughout Southeast Asia and Japan. In June 2020, TGI launched its proprietary product, the ZCITY App, a unique digital ecosystem that transforms and simplifies the e-payment experience for consumers while simultaneously allowing them to earn rewards. In the ZCITY ecosystem, users can utilize TAZTE, a revenue-generating digital F&B management system providing merchants with a one-stop touchless management and automated solution to digitalize their businesses. As of Dec. 31, 2022, ZCITY had more than 2,300,000 registered users. For more information about the company, visit www.TreasureGlobal.co.

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