{"schema_version":"secwatch.filing_event.v1","accession":"0001607062-23-000359","form_type":"8-K","ticker":"SOPA","cik":"0001817511","company_name":"SOCIETY PASS INCORPORATED.","filed_at":"2023-07-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.405141+00:00","generated_at":"2026-06-13T11:11:59.721190+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Society Pass subsidiary to acquire 95% of PT Inetindo Infocom for ~US$1.85M","bullets":["Acquiring 95% of Indonesian Apple Premium Reseller PT Inetindo Infocom for AUD 2.78M (US$1.85M).","Inetindo operates 26 Apple stores across 9 Indonesian cities, employs ~300 employees.","Addition of ~US$30M in annual revenues (FY2022 AUD 42.4M); unaudited 1H FY23 rev +28% YoY.","Deal expected to close by September 2023, subject to ASX and Story-I shareholder approvals.","Acquisition expected to be accretive to Society Pass's non-GAAP EPS upon close."],"urls":{"canonical":"https://secwatch.observer/filing/0001607062-23-000359","json":"https://secwatch.observer/filing/0001607062-23-000359.json","markdown":"https://secwatch.observer/filing/0001607062-23-000359.md","text":"https://secwatch.observer/filing/0001607062-23-000359.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1817511/000160706223000359/0001607062-23-000359-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1817511/000160706223000359/sopa070523form8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T11:11:59.721190+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":"078a2cfd425fdaac84c7884d03ae4ac0427ca140","claim":"SOCIETY PASS INCORPORATED. entered into Securities Purchase Agreement with Story-I Ltd., Story-I Pte Ltd., and Michael Chan valued at AUS$2,787,173 (approximately US$1.85 million) (effective 2023-06-30).","evidence_excerpt":"On June 30, 2023, NextGen Retail Inc., a Nevada corporation (the “Buyer”), a wholly-owned subsidiary of Society Pass Incorporated (the “Registrant”), entered into a Securities Purchase Agreement with Story-I Ltd., an Australian corporation (“Story-I Australia”), Story-I Pte Ltd., a Singapore corporation (“Story-I Singapore”), a wholly-owned subsidiary of Story-I Australia, and Michael Chan, to purchase 95% of the outstanding shares (the “Majority Shares”) of PT Inetindo Infocom (the “Company”), an Indonesian company and retail reseller of Apple computers and other electronics in Indonesia.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1817511/000160706223000359/0001607062-23-000359-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Story-I Ltd., Story-I Pte Ltd., and Michael Chan"},{"label":"Value","value":"AUS$2,787,173 (approximately US$1.85 million)"},{"label":"Effective","value":"2023-06-30"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}