{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-006687","form_type":"8-K","ticker":"SOPA","cik":"0001817511","company_name":"SOCIETY PASS INCORPORATED.","filed_at":"2026-02-13T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.288852+00:00","generated_at":"2026-05-16T02:48:43.324535+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Society Pass prices $3.0M public offering of common stock at $0.55/share; net proceeds ~$2.5M","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-006687","json":"https://secwatch.observer/filing/0001493152-26-006687.json","markdown":"https://secwatch.observer/filing/0001493152-26-006687.md","text":"https://secwatch.observer/filing/0001493152-26-006687.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1817511/000149315226006687/0001493152-26-006687-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1817511/000149315226006687/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T02:48:43.324535+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cba0f517cdc16c211341ea6dab464338524f4e09","claim":"SOCIETY PASS INCORPORATED. entered into Purchase Agreement with certain investors valued at approximately $2.5 million (effective 2026-02-11).","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1817511/000149315226006687/0001493152-26-006687-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"certain investors"},{"label":"Value","value":"approximately $2.5 million"},{"label":"Effective","value":"2026-02-11"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}