Society Pass Inc (Nasdaq: SOPA) Maintains Compliance with Nasdaq Continued Listing Requirements

Rhea-AI Summary

Society Pass (Nasdaq: SOPA), a Southeast Asian investment holding company, has successfully maintained its Nasdaq listing status by demonstrating compliance with Rule 5550(b)(2). The company received confirmation from Nasdaq on September 2, 2025 that it meets the minimum stockholders' equity requirement of $2.5 million.

This compliance confirmation ensures SOPA's continued listing on the Nasdaq Capital Market, maintaining its access to public capital markets and visibility to investors.

Positive

• Confirmed compliance with Nasdaq's minimum stockholders' equity requirement of $2.5 million
• Maintained listing status on Nasdaq Capital Market

Negative

• Previous non-compliance with listing requirements necessitated regulatory intervention

NEW YORK, Sept. 08, 2025 (GLOBE NEWSWIRE) -- Society Pass Incorporated (Nasdaq: SOPA) (“SoPa” or the “Company”), a Southeast Asia-based (SEA) investment holding company, today announces a Form 8-K filing with the Securities and Exchange Commission (“SEC”).

Click Here (on SEC website) to view Form 8-K filing.

The Company received a notice letter from Nasdaq Capital Market (“Nasdaq”) on 02 September 2025 stating that the Company has demonstrated compliance with Rule 5550(b)(2) (the “Equity Rule”), which requires that the Company shall maintain at least $2,500,000 stockholders’ equity.

As a result, the Company is now therefore in compliance with the Nasdaq’s continued listing requirements.

About Society Pass Inc.
Founded in 2018 as a data-driven loyalty, fintech and e-commerce ecosystem in the fast-growing markets of Vietnam, Indonesia, Philippines, Singapore and Thailand, which account for more than 80% of the SEA population, and with offices located in Bangkok, Hanoi, Ho Chi Minh City, Jakarta, Manila, and Singapore, Society Pass Incorporated (Nasdaq: SOPA) completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021.

For more information on Society Pass, please visit:

Website at https://www.thesocietypass.com or

LinkedIn at https://www.linkedin.com/company/societypass or

Facebook at https://www.facebook.com/thesocietypass or

X at https://x.com/society_pass or

Instagram at https://www.instagram.com/societypass/.

Media Contacts:
Raynauld Liang
Chief Executive Officer
ray@thesocietypass.com

FAQ

What Nasdaq compliance requirement did Society Pass (SOPA) meet in September 2025?

Society Pass met Nasdaq Rule 5550(b)(2), which requires maintaining a minimum stockholders' equity of $2.5 million.

When did Society Pass (SOPA) receive the Nasdaq compliance notice?

Society Pass received the compliance notice from Nasdaq on September 2, 2025.

What is the minimum stockholders' equity required for Nasdaq Capital Market listing?

Companies listed on the Nasdaq Capital Market must maintain a minimum stockholders' equity of $2.5 million under Rule 5550(b)(2).

What does Nasdaq compliance mean for Society Pass (SOPA) shareholders?

Compliance means SOPA will maintain its Nasdaq listing, ensuring continued access to public markets and preserving shareholder liquidity through exchange trading.