Society Pass completes $3 million stock offering at premium pricing

Society Pass Incorporated (NASDAQ: SOPA) announced the completion of its public offering of 1.5 million common stock shares at $2.00 per share, generating $3 million in gross proceeds before fees and expenses.

The offering was priced at a premium to market under Nasdaq rules. Rodman & Renshaw LLC served as the exclusive placement agent for the transaction.

The company stated it plans to use net proceeds for working capital and general corporate purposes, including operating expenses and capital expenditures.

The securities were sold under a registration statement on Form S-1 that became effective on December 29, 2025, after approval by the Securities and Exchange Commission.

Society Pass operates as an e-commerce ecosystem in Southeast Asian markets including Vietnam, Indonesia, Philippines, Singapore and Thailand. The company maintains offices in Bangkok, Ho Chi Minh City, Jakarta, Manila, and Singapore.

The company went public through an initial public offering in November 2021 and trades on Nasdaq under the ticker SOPA.

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