---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-029418"
form_type: "8-K"
ticker: "SOPA"
cik: "0001817511"
company_name: "SOCIETY PASS INCORPORATED."
filed_at: "2025-12-29T23:59:59+00:00"
generated_at: "2026-05-16T12:07:45.811440+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Society Pass Inc announces M&A strategy, highlights analyst reports; NusaTrip trading halt continues

## Summary
- Company rolls out M&A strategy targeting AI, data center, travel, ad, and telecom companies in SEA, Europe, and North America.
- Ascendiant Capital maintains Buy, raises PT to $22.50; values NusaTrip at ~$20/share; NusaTrip stock halted due to SEC/Nasdaq investigations.
- Greenridge Global reiterates Buy, lowers PT to $25; notes NusaTrip's quarterly GMV with Agoda exceeds $100M; expects TMG IPO in early 2026.
- Q3 FY2025 revenue $1.4M (down 18% YoY), EPS $(0.84) vs analyst estimate $(0.07); no guidance provided.
- Subsidiary TMG launches live commerce platform TMG Social on TikTok in Thailand; targets $10M revenue from unit in 2026.

## SEC filing metadata
- accession: 0001493152-25-029418
- form_type: 8-K
- ticker: SOPA
- cik: 0001817511
- company_name: SOCIETY PASS INCORPORATED.
- filed_at: 2025-12-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1817511/000149315225029418/0001493152-25-029418-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1817511/000149315225029418/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-029418
- JSON: https://secwatch.observer/filing/0001493152-25-029418.json
- Plain text: https://secwatch.observer/filing/0001493152-25-029418.txt

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