secwatch.observer — SEC 8-K summary
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Issuer:     SOCIETY PASS INCORPORATED. (SOPA)
CIK:        0001817511
Form:       8-K
Filed at:   2024-12-12T23:59:59+00:00
Accession:  0001213900-24-108431
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Society Pass receives Nasdaq deficiency notice for bid price below $1.00
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- Received Nasdaq letter on Dec 6, 2024; bid price below $1.00 for 30 consecutive business days.
- Has 180 days until June 4, 2025 to regain compliance by closing at $1.00+ for 10 consecutive days.
- If not compliant by June 4, may qualify for additional 180 days if other listing standards met.
- Company may consider reverse stock split or other options to cure the deficiency.
- No immediate effect on listing or trading; risk of delisting if not cured.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1817511/000121390024108431/0001213900-24-108431-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1817511/000121390024108431/ea0224395-8k_society.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-108431

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