regulatory
confidence high
sentiment negative
materiality 0.70
Society Pass receives Nasdaq bid price deficiency notice; 180 days to regain compliance
SOCIETY PASS INCORPORATED.
- Nasdaq letter on March 26, 2026: common stock bid price below $1.00 for 30 consecutive business days.
- Initial compliance period runs 180 calendar days until September 22, 2026.
- Company can regain compliance if bid price closes at $1.00 or more for 10 consecutive business days.
- May seek an additional 180-day period and consider a reverse stock split if needed.
- No immediate effect on trading; stock continues to trade on Nasdaq Capital Market.
item 3.01