Society Pass Incorporated Announces Closing of $3 Million Public Offering of Common Stock Priced At Premium to Market Under Nasdaq Rules
NEW YORK, Dec. 31, 2025 (GLOBE NEWSWIRE) — Society Cross Included (Nasdaq: SOPA) (the “Firm”), Southeast Asia’s (SEA) subsequent era e-commerce ecosystem, at present introduced the closing of its beforehand introduced finest efforts public providing of an mixture of 1,500,000 shares of its frequent inventory at a public providing worth of $2.00 per share, for mixture gross proceeds of $3 million, earlier than deducting the location agent’s charges and different providing bills payable by the Firm. The providing was priced at a premium to market underneath Nasdaq guidelines.
Rodman & Renshaw LLC acted because the unique placement agent for the providing.
The Firm intends to make use of the web proceeds from the providing for working capital and common company functions, together with working bills and capital expenditures.
The securities had been provided and offered pursuant to a registration assertion on Type S-1 (File No. 333-292060), which was declared efficient by the Securities and Trade Fee (the “SEC”) on December 29, 2025. The providing was made solely by way of a prospectus forming a part of the efficient registration assertion regarding the providing. Digital copies of the ultimate prospectus could also be obtained on the SEC’s web site at http://www.sec.gov and can also be obtained by contacting Rodman & Renshaw LLC at 600 Lexington Avenue, thirty second Ground, New York, NY 10022, by phone at (212) 540-4414, or by electronic mail at info@rodm.com.
This press launch shall not represent a proposal to promote or a solicitation of a proposal to purchase any of the securities described herein, nor shall there be any sale of those securities in any state or different jurisdiction by which such provide, solicitation or sale can be illegal previous to the registration or qualification underneath the securities legal guidelines of any such state or different jurisdiction.
About Society Cross Inc.
Based in 2018 as an e-commerce ecosystem within the fast-growing markets of Vietnam, Indonesia, Philippines, Singapore and Thailand, which account for greater than 80% of the SEA inhabitants, and with workplaces situated in Bangkok, Ho Chi Minh Metropolis, Jakarta, Manila, and Singapore, Society Pass Incorporated (Nasdaq: SOPA) is an acquisition-focused holding firm working 3 interconnected verticals (digital media, journey, and life-style). Society Cross leverages know-how to tailor a extra personalised expertise for patrons within the buy journey and to rework your complete retail worth chain in SEA.
Society Cross accomplished an preliminary public providing and commenced buying and selling on the Nasdaq underneath the ticker SOPA in November 2021.
For extra data on Society Cross, please go to:
Web site at https://www.thesocietypass.com or
LinkedIn at https://www.linkedin.com/company/societypass or
Fb at https://www.facebook.com/thesocietypass or
X at https://twitter.com/society_pass or
Instagram at https://www.instagram.com/societypass/.
Cautionary Observe Regarding Ahead-Wanting Statements
This press launch accommodates “forward-looking statements” inside the which means of the “secure harbour” provisions of the Non-public Securities Litigation Reform Act of 1995, together with statements concerning the supposed use of the proceeds from the providing. You possibly can determine forward-looking statements by the truth that they don’t relate strictly to historic or present details. These statements might embody phrases reminiscent of “anticipate”, “estimate”, “anticipate”, “undertaking”, “plan”, “intend”, “imagine”, “might”, “will”, “ought to”, “can have”, “doubtless” and different phrases and phrases of comparable which means. Ahead-looking statements characterize Society Cross Included’s present expectations concerning future occasions and are topic to recognized and unknown dangers and uncertainties that might trigger precise outcomes to vary materially from these implied by the forward-looking statements. Amongst these dangers and uncertainties are market circumstances, together with the buying and selling worth and volatility of Society Cross Included’s frequent inventory and dangers regarding Society Cross Included’s enterprise, together with the Firm’s means to develop and efficiently change its enterprise mannequin and the Firm’s means to determine new investments and spin-off acquisitions.
Media Contact:
Raynuald LIANG
Chief Govt Officer
ray@thesocietypass.com
