Mar. 4 at 12:26 PM
$SOPA 180-Day Grace Period: Once a notice is received, the company typically has 180 calendar days (until approximately late September 2026) to regain compliance.
Regaining Compliance: To cure the deficiency, the stock must close at
$1.00 or higher for at least 10 consecutive business days.
Accelerated Delisting Risk: Under new rules, if a stock trades at or below
$0.10 for 10 consecutive business days, Nasdaq may issue an immediate delisting determination, bypassing the standard 180-day period.
Reverse Stock Split: Society Pass has previously evaluated or used reverse stock splits to address price deficiencies. However, recent Nasdaq rule changes may trigger new deficiencies (e.g., shareholder count) if a split is executed improperly.
Equity Compliance: While currently focused on price, the company previously faced delisting for failing the
$2.5 million stockholders' equity requirement but regained compliance in September 2025.
