Society Pass prices $3 million public offering at $2 per share
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Society Pass Incorporated (NASDAQ: SOPA) announced the pricing of a public offering of 1.5 million shares of common stock at $2.00 per share, generating gross proceeds of $3 million before fees and expenses.
The offering is expected to close on December 31, 2025, subject to customary closing conditions. Rodman & Renshaw LLC serves as the exclusive placement agent for the transaction.
The company plans to use net proceeds for working capital and general corporate purposes, including operating expenses and capital expenditures, according to the press release statement.
The securities are being offered under a registration statement on Form S-1 that was declared effective by the Securities and Exchange Commission on December 29, 2025.
Society Pass operates as an e-commerce ecosystem in Southeast Asian markets including Vietnam, Indonesia, Philippines, Singapore and Thailand. The company went public on the Nasdaq in November 2021 and operates three business verticals: digital media, travel, and lifestyle.
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