Here are the S-1 registration statements 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.
An S-1 covers the registration statement a company files to sell shares publicly, 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 registering up to 4,385,964 shares of common stock, plus pre-funded warrants for up to 4,385,964 additional shares, in a best efforts public offering. The assumed price is $2.28 per share, with each pre-funded warrant priced at $2.279 and carrying a $0.001 exercise price.
If fully subscribed in shares, common stock outstanding would rise to 11,991,489. There is no minimum offering amount, so the company may raise significantly less than the maximum and investors would not receive refunds. Net proceeds are estimated at about $9.1 million, earmarked for working capital and general corporate purposes, including operating expenses and capital expenditures.
The company faces a going concern uncertainty due to recurring losses and a working capital deficit, and recently completed a $2.0 per share equity financing in December 2025. It is expanding a Southeast Asia–focused digital ecosystem spanning lifestyle e-commerce, digital media, travel, and new AI-driven data center and telecom investments while operating as an emerging growth and smaller reporting company on Nasdaq under the symbol SOPA.
Society Pass Incorporated is launching a primary offering of up to 4,385,964 shares of common stock, or pre-funded warrants to purchase up to 4,385,964 shares, plus the shares issuable upon warrant exercise. At an assumed price of $2.28, the company expects net proceeds of about $9.1 million.
Pre-funded warrants are designed to keep individual investors below 4.99% or, at their election, 9.99% beneficial ownership, and carry a de minimis $0.001 exercise price. Assuming only common stock is sold, shares outstanding would rise to 11,991,489. The deal is a best-efforts placement through Rodman & Renshaw with no minimum offering amount or escrow, so investors bear the risk the company raises less capital than planned.
The proceeds are earmarked for working capital and general corporate purposes as Society Pass scales its Southeast Asia-focused ecosystem in lifestyle, digital media and travel, and expands into AI-driven data centers and telecom infrastructure across several regions. The company carries a going concern warning and recently resolved, but remains monitored for, Nasdaq equity listing compliance.