regulatory
confidence high
sentiment neutral
materiality 0.75
SOCIETY PASS INCORPORATED. (SOPA): Nasdaq/NYSE listing notice — Nasdaq panel grants Society Pass extension to June 30, 2025 to regain equity compliance
SOCIETY PASS INCORPORATED.
- Received delisting notice Feb 18, 2025 for failing to maintain $2.5M stockholders' equity (Rule 5550(b)(2)).
- April 1, 2025 hearing; Panel granted exception until June 30, 2025 based on presented compliance plan.
- Condition: company must file an 8-K describing transactions to achieve and demonstrate long-term equity compliance.
- Stock remains listed on Nasdaq during extension period subject to meeting conditions.