{"schema_version":"secwatch.filing_event.v1","accession":"0001013762-23-002574","form_type":"8-K","ticker":"SOPA","cik":"0001817511","company_name":"SOCIETY PASS INCORPORATED.","filed_at":"2023-10-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.638068+00:00","generated_at":"2026-06-10T03:34:51.731524+00:00","sec_items":["1.01","3.02","5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Society Pass enters $40M equity financing; appoints Raynauld Liang as CEO, replaces Dennis Nguyen","bullets":["Up to $40M structured equity financing with Strattners FZCO; shares sold at 96% of VWAP; max $2M per advance.","500,000 commitment shares issued unregistered; financing provides capital but may dilute existing shareholders.","Raynauld Liang appointed CEO, resigns as CFO; Dennis Nguyen resigns as director/chairman/CEO effective immediately.","Yee Siong Tan appointed CFO; Nguyen to provide consulting through Dec 2025; no disagreement cited."],"urls":{"canonical":"https://secwatch.observer/filing/0001013762-23-002574","json":"https://secwatch.observer/filing/0001013762-23-002574.json","markdown":"https://secwatch.observer/filing/0001013762-23-002574.md","text":"https://secwatch.observer/filing/0001013762-23-002574.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1817511/000101376223002574/0001013762-23-002574-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1817511/000101376223002574/ea186434-8k_society.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T03:34:51.731524+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a8f80db76e","claim":"Raynauld Liang was appointed as Chief Executive Officer at SOCIETY PASS INCORPORATED..","evidence_excerpt":"On October 5, 2023, Raynauld Liang was appointed as the new Chief Executive Officer of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1817511/000101376223002574/0001013762-23-002574-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"d0effdeb61","claim":"Dennis Nguyen resigned as Director, Chairman and Chief Executive Officer at SOCIETY PASS INCORPORATED..","evidence_excerpt":"Mr. Liang’s appointment was concurrent with the resignation of Dennis Nguyen, on October 5, 2023, as a director of the Company, and as the Chairman and the Chief Executive Officer of the Company","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1817511/000101376223002574/0001013762-23-002574-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director, Chairman and Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"f296ac857c","claim":"Yee Siong Tan was appointed as Chief Financial Officer at SOCIETY PASS INCORPORATED..","evidence_excerpt":"In conjunction with Mr. Liang’s resignation, Yee Siong Tan was appointed as the Chief Financial Officer of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1817511/000101376223002574/0001013762-23-002574-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"058d6923c671efc74de5de30a2d114666c55563c","claim":"SOCIETY PASS INCORPORATED. entered into Agreement with Strattners FZCO valued at up to $40,000,000 (effective 2023-10-05).","evidence_excerpt":"On October 5, 2023, Society Pass Incorporated (the “ Company ”) entered into a structured financing agreement (the “ Agreement ”) with Strattners FZCO (“ Strattners ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1817511/000101376223002574/0001013762-23-002574-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Strattners FZCO"},{"label":"Value","value":"up to $40,000,000"},{"label":"Effective","value":"2023-10-05"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}