regulatory
confidence high
sentiment negative
materiality 0.55
SOPA gets 180-day Nasdaq extension to meet $1 bid price until May 20, 2024
SOCIETY PASS INCORPORATED.
- Nasdaq granted 180-day extension until May 20, 2024, to regain $1 minimum bid price compliance.
- Company failed to regain compliance during initial 180-day period ending Nov 21, 2023.
- To comply, closing bid price must be at least $1 for 10 consecutive business days by May 20, 2024.
- Trading under symbol SOPA continues uninterrupted; company evaluating all options.