Society Pass Inc. Releases Proforma Financials Reflecting Convertible Notes and Private Placement Impact from Thoughtful Media Group M&A

Reuters
06-30
<a href="https://laohu8.com/S/SOPA">Society Pass Inc</a>. Releases Proforma Financials Reflecting Convertible Notes and Private Placement Impact from Thoughtful Media Group M&A

Society Pass Inc. has released its proforma combined financial statements for the period ending June 30, 2025, which reflect significant financial activities, including mergers and acquisitions. The financial statements incorporate the results of operations from April 1, 2025, to June 30, 2025, and highlight the completion of convertible notes offerings by its wholly-owned subsidiary, Thoughtful Media Group Incorporated $(TMG.UK)$. The convertible notes offerings, closed with Creative Vision Digital Limited, Grit Securities Limited, and G Bridge Global Investment Limited, resulted in net proceeds of $2,700,000. Additionally, the company executed a private placement transaction with Jeremy Ong Shu Jin, contributing an additional $300,000 in net proceeds. These transactions are part of Society Pass Inc.'s strategic efforts to bolster its financial position and expand its market presence.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Society Pass Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-059210), on June 30, 2025, and is solely responsible for the information contained therein.

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