Society Pass regains Nasdaq equity compliance via convertible note conversions and private placement

SOCIETY PASS INCORPORATED.

Stockholders' equity attributable to co. as of June 30, 2025 pro forma ~$2.58M, exceeding Nasdaq's $2.5M minimum under Rule 5550(b)(1).
Pro forma equity improvement driven by $2.7M net proceeds from TMG convertible note conversions by three investors on June 24-27, 2025.
Additional $300K raised from private placement with Jeremy Ong Shu Jin via share purchase agreement dated June 23, 2025.
May 31, 2025 actual equity attributable to co. was negative ($628,794); pro forma as of June 30 shows positive $2.58M.

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