SCHEDULE 13G/A: Sabby Entities Report Zero Ownership in Treasure Global Inc. via Amended SEC Filing

Sabby Management, LLC and its affiliates have filed an amended Schedule 13G, indicating they no longer hold any beneficial ownership in Treasure Global Inc. as of December 31, 2024.

Summary

• The filing is an Amendment No. 1 to Schedule 13G for Treasure Global Inc. (Issuer).
• The reporting persons are Sabby Management, LLC, Sabby Volatility Warrant Master Fund, Ltd., and Hal Mintz.
• As of December 31, 2024, the reporting persons collectively hold 0.00 shares of Treasure Global Inc.'s Common Stock, representing 0.0% of the class.
• Sabby Management, LLC is organized in Delaware, Sabby Volatility Warrant Master Fund, Ltd. in the Cayman Islands, and Hal Mintz is a U.S. citizen.
• The filing certifies that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: The filing is a routine disclosure of beneficial ownership, indicating a complete divestment by the reporting entities, which is a neutral factual update without explicit positive or negative implications within the document itself.

Negatives

• The reporting entities, Sabby Management, LLC, Sabby Volatility Warrant Master Fund, Ltd., and Hal Mintz, no longer hold any beneficial ownership (0.0%) in Treasure Global Inc.

Management Comments

• Robert Grundstein, COO of Sabby Management, LLC and COO of Investment Manager for Sabby Volatility Warrant Master Fund LTD, certified the information.
• Hal Mintz also signed and certified the information.

Industry Context

This filing is a routine disclosure of beneficial ownership, indicating a change in a significant investor's stake. It does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders of Treasure Global Inc. will note that Sabby Management, LLC and its affiliated entities no longer hold any beneficial ownership in the company, indicating a complete exit from their position.

Key Dates

Keywords

SEC filing, Schedule 13G, beneficial ownership, Treasure Global Inc., Sabby Management LLC, Sabby Volatility Warrant Master Fund, Hal Mintz, common stock, ownership disclosure