secwatch.observer — SEC 8-K summary
======================================

Issuer:     SOCIETY PASS INCORPORATED. (SOPA)
CIK:        0001817511
Form:       8-K
Filed at:   2026-02-13T23:59:59+00:00
Accession:  0001493152-26-006687
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1817511/000149315226006687/0001493152-26-006687-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1817511/000149315226006687/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-006687

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer