8-K/A filed September 16, 2022, 7:59 PM ET ticker SOPA CIK 0001817511

M&A confidence high sentiment negative materiality 0.75

SOPA acquires digital marketing firms; acquired entities show losses and going concern

SOCIETY PASS INCORPORATED.

Acquired AdActive Media CA and 99.75% of Thoughtful Thailand; closed July 7, 2022.
AdActive Media (US business) had net loss of $1.06M in 2021 and accumulated deficit of $44.98M at Dec 31, 2021.
Audited financials include going concern qualification due to recurring losses and negative cash flows.
Unaudited pro forma condensed combined financials filed for SOPA as of March 31, 2022.
Press release issued Sept 15, 2022 announcing the acquisition.

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