---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-073021"
form_type: "8-K"
ticker: "SOPA"
cik: "0001817511"
company_name: "SOCIETY PASS INCORPORATED."
filed_at: "2024-08-27T23:59:59+00:00"
generated_at: "2026-05-31T07:26:58.129834+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Society Pass receives Nasdaq non-compliance notice for equity deficiency

## Summary
- Received Nasdaq letter on Aug 21, 2024: stockholders' equity below $2.5M minimum (Listing Rule 5550(b)(1)).
- No immediate delisting; company has 45 days (by Oct 7, 2024) to submit compliance plan.
- Plans to cure via IPO of subsidiary Thoughtful Media Group (TMG); Form S-1 filed Aug 15, 2024.
- Expects to increase equity from IPO proceeds; no assurance of regaining compliance.
- Also does not meet alternatives of market value of listed securities or net income from continuing operations.

## SEC filing metadata
- accession: 0001213900-24-073021
- form_type: 8-K
- ticker: SOPA
- cik: 0001817511
- company_name: SOCIETY PASS INCORPORATED.
- filed_at: 2024-08-27T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1817511/000121390024073021/0001213900-24-073021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1817511/000121390024073021/ea0212124-8k_society.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-073021
- JSON: https://secwatch.observer/filing/0001213900-24-073021.json
- Plain text: https://secwatch.observer/filing/0001213900-24-073021.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.