Society Pass Inc. has announced a regulatory issue regarding its continued listing on the Nasdaq Capital Market. On February 18, 2025, the company received a delisting notice from Nasdaq due to non-compliance with the stockholders' equity requirement of at least $2.5 million. After requesting a hearing, the Nasdaq Hearings Panel initially granted the company an exception until June 30, 2025, to regain compliance. This deadline was later extended to August 18, 2025. Society Pass Inc. is required to file a Form 8-K detailing the actions taken to address the issue and to demonstrate long-term compliance with Nasdaq's equity rule.
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: 0001213900-25-065650), on July 18, 2025, and is solely responsible for the information contained therein.