Aug. 18 at 6:32 PM
$SOPA Society Pass Inc. has released its proforma combined financial statements, highlighting significant changes following the recent IPO of its subsidiary, NusaTrip Incorporated. As of August 15, 2025, the company's total assets increased to approximately
$35.36 million, up from
$29.19 million on June 30, 2025. This growth is primarily attributed to the successful initial public offering of NusaTrip, which generated net proceeds of approximately
$13.5 million. The IPO involved the sale of 3,750,000 shares of common stock at a price of
$4.00 per share, after accounting for underwriting discounts and expenses. Consequently, Society Pass's total shareholders' equity rose to
$15.18 million from
$2.25 million, reflecting the positive impact of the transaction on the company's financial standing.
