Treasure Global agrees to sell 1,300,000 V Gallant shares for USD 5.2 million in milestone payments
Reuters2026/08/20 16:04- Treasure Global signed two sale and purchase agreements to sell escrowed stakes in V Gallant Limited, Reveillon Group Limited.
- Deals value totals USD 6.6 million, payable in 36 monthly milestone payments starting Sept. 1, 2026.
- V Gallant: 1,300,000 shares for USD 5.2 million; payments USD 144,444 monthly for 35 months, final USD 144,460.
- Reveillon: 700,000 shares for USD 1.4 million; payments USD 38,888 monthly for 35 months, final USD 38,920.
- Shares stay in escrow as security until fully paid; buyer default triggers forfeiture of paid amounts, company default requires refund.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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