Court awards $7.44M to former employee in Society Pass litigation; company plans appeal

SOCIETY PASS INCORPORATED.

Court finds O'Connor fraudulently induced company; rescinds subscription and software agreements; dismisses his salary/severance claims.
Court rejects CVO's $8M Series A Preferred Stock contract claims.
Court upholds partial summary judgment award of ~$6.6M plus interest for vested equity under warrant agreement.
Court awards additional $824k plus interest for equity vested before August 2019; total judgment approx. $7.44M.
Company plans to pursue appeal and is evaluating next steps.

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