Society Pass prices $3.0M public offering of common stock at $0.55/share; net proceeds ~$2.5M

SOCIETY PASS INCORPORATED.

Offering comprises 5,261,819 shares plus 120,000 pre-funded warrants at $0.55 per share; gross proceeds $3.0M.
Net proceeds after fees and expenses total ~$2.5M; funds to be used for working capital and general corporate purposes.
Offering closed Feb 13, 2026; Rodman & Renshaw acted as placement agent with 7% cash fee and $100K expense reimbursement.
Pre-funded warrants exercisable at $0.001/share, with 4.99% beneficial ownership cap (may increase to 9.99% on 61 days' notice).
Company agrees to 30-day lock-up on further equity issuances and 60-day ban on variable rate transactions post-closing.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

SOCIETY PASS INCORPORATED. entered into Purchase Agreement with certain investors valued at approximately $2.5 million (effective 2026-02-11).

Action: entry
Agreement: equity purchase
Counterparty: certain investors
Value: approximately $2.5 million
Effective: 2026-02-11

Exact text from the filing

Certain investors purchasing securities in the Offering entered into a securities purchase agreement with the Company (the “Purchase Agreement”), dated as of February 11, 2026.

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273 material agreements filed in the last 30 days. Browse all material agreements →

SOCIETY PASS INCORPORATED. filing history →

Source: SEC EDGAR

accession 0001493152-26-006687

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