secwatch.observer — SEC 8-K summary
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Issuer:     SOCIETY PASS INCORPORATED. (SOPA)
CIK:        0001817511
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0001213900-24-038147
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.03, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Society Pass Inc. effects 1-for-15 reverse stock split effective May 1, 2024 to regain Nasdaq compliance
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- Reverse stock split at 1-for-15 ratio effective at market open on May 1, 2024 on Nasdaq Capital Market.
- Authorized shares reduced from 95,000,000 to 6,333,333; no fractional shares issued, rounding up to whole share.
- Trading symbol remains 'SOPA'; new CUSIP number is 83370P201.
- Split aims to meet Nasdaq minimum bid price Rule 5550(a)(2) and maintain listing.
- Board approved split; certificate of change filed with Nevada Secretary of State.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1817511/000121390024038147/0001213900-24-038147-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1817511/000121390024038147/ea0205044-8k_society.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-038147

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer