Sep. 8 at 10:26 AM
$SOPA Society Pass Inc. has announced that it has resolved a regulatory compliance issue with the Nasdaq Stock Market. Earlier this year, the company received a delisting notice from Nasdaq due to non-compliance with the Equity Rule, which requires maintaining at least
$2.5 million in stockholders' equity. Following a series of appeals and hearings, the Nasdaq Hearings Panel had granted Society Pass Inc. extensions to rectify the issue. On September 2, 2025, the company received a Compliance Letter from Nasdaq confirming that it has met the necessary equity requirements and is now in compliance with the Nasdaq Capital Market's listing standards. However, Society Pass Inc. will be subject to a Mandatory Panel Monitor for one year, and any future non-compliance within this period may result in immediate delisting without a chance to present a compliance plan.
