SOCIETY PASS INC. overview

SINGAPORE, June 20, 2024 (GLOBE NEWSWIRE) -- Society Pass Inc. (NASDAQ: SOPA), Southeast Asia’s premier data-driven loyalty, fintech, and e-commerce ecosystem, is gearing up for the upcoming IPOs of its key subsidiaries, NusaTrip.com and Thoughtful Media Group. NusaTrip.com, a leading travel platform in Indonesia, and Bangkok’s innovative advertising agency, Thoughtful Media Group, are set to undergo significant enhancements to increase customer engagement, expand market reach, and deliver...

SINGAPORE, May 28, 2024 (GLOBE NEWSWIRE) -- Ascendiant Capital compiles a report on The Society Pass (NASDAQ: SOPA) fiscal Q4 2023 results and estimates adjusted revenue of $10million. Ascendiant Capital believes that continued strong economic expansion, robust population growth, rising level of urbanization, the emergence of the middle class, and the increasing rate of adoption of mobile technology provide large and fast-growing opportunities for Society Pass. In October 2023, The Society Pass...

SINGAPORE, May 16, 2024 (GLOBE NEWSWIRE) -- Society Pass Inc. (NASDAQ: SOPA) (“SoPa” or the “Company”), a leading e-commerce ecosystem in Southeast Asia (“SEA”), announced a formal notification from The Nasdaq Stock Market LLC (“Nasdaq”) that the Company has regained compliance with Listing Rule 5550(a)(2), which requires the Company’s common stock to maintain a minimum bid price of $1.00 per share. Nasdaq made this determination after the closing bid price for Company’s...

SINGAPORE, May 01, 2024 (GLOBE NEWSWIRE) -- Society Pass Inc. (NASDAQ: SOPA) (“SoPa” or the “Company”), a leading e-commerce ecosystem in Southeast Asia (“SEA”), is excited to offer additional details related to its successful financing of future growth initiatives, including the Company’s ability to spin off various subsidiaries to monetize intrinsic value and finance future acquisition opportunities. As announced on April 24, 2024, following the recent securing of an equity line...

NEW YORK, April 26, 2024 (GLOBE NEWSWIRE) -- Society Pass Inc. (Nasdaq: SOPA) (“SOPA” or the “Company”), Southeast Asia’s (SEA) next generation, e-commerce ecosystem, today announced that the board approved a proposed 1-for-15 shares reverse split of its common stock (the "Reverse Split"). Beginning with the opening of trading on May 1, 2024, the Company's common stock will begin trading on a post-Reverse Split basis on the Nasdaq Capital Market under the same symbol "SOPA", but under...

SINGAPORE, April 24, 2024 (GLOBE NEWSWIRE) -- Society Pass Inc. (SoPa), a leading e-commerce ecosystem in Southeast Asia (SEA), announces its first drawdown on a financing line to continue its growth journey. Following the recent securing of an equity line of up to $40 million, to support Society Pass’s plans for potential public offerings of its subsidiaries, SoPa has issued its first advance notice to Strattners FZCO, the Family Office of Strattners Bank SA. The notice entails the issuance...

NEW YORK, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Society Pass Inc. ( Nasdaq: SOPA ) (“ SOPA ” or the “ Company ”), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem, continues to capture the attention of financial analysts and investors, receive positive recommendations and achieve significant milestones. SOPA has accomplished annual triple digit revenue growth over the past four years through its innovative business model by acquiring high...

NEW YORK, Dec. 27, 2023 (GLOBE NEWSWIRE) -- Society Pass Inc. ( Nasdaq: SOPA ) (“ SoPa ” or the “ Company ”), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem, announces that Litchfield Hills Research (“ Litchfield Hills ”) has initiated equity research coverage on SOPA. Click Here (on Society Pass website) to view the full Litchfield Hills Equity Research Report. Summary Points: • Investment Thesis : SOPA is a high-growth acquisitive...