Here are the 424B prospectus supplements from Society Pass Incorporated (SOPA) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow SOPA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SOPA filings page.
Society Pass Incorporated is offering 5,261,819 shares of common stock and 120,000 pre-funded warrants at $0.55 per share, for gross proceeds of $2,959,880.45 and estimated net proceeds of about $2.5 million. Each pre-funded warrant is immediately exercisable at $0.001 for one share of common stock, and total common stock outstanding would be 12,987,344 shares assuming full exercise. The best-efforts offering has no minimum and no escrow, so funds can be raised even if only part of the deal sells, increasing dilution risk and the chance proceeds fall short of business goals. The company plans to use the cash for working capital and general corporate purposes while continuing to build a Southeast Asia–focused digital ecosystem in lifestyle, digital media, travel, and new AI-driven data center and telecom ventures. Auditors have issued a going concern opinion due to working capital and stockholders’ deficits and recurring losses, and the filing highlights intense competition, technology reliance, foreign exchange exposure, heavy regulation, litigation exposure, and prior Nasdaq listing compliance issues as key risks.