Treasure Global cut both the software project's scope and its fee, from $2 million to $1 million. It already issued $500,000 in shares, and can pay the remaining $500,000 in cash or shares, so the changes do not clearly shift its outlook.
The smaller bill means TGL owes less for the software work. But the work was cut too, and TGL already issued $500,000 in shares. It can pay the remaining $500,000 in cash, shares, or both. These changes do not clearly shift the company's outlook.
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