SOCIETY PASS INCORPORATED. 8-K

What Happened Society Pass Incorporated (SOPA) announced that on April 16, 2026 it received a delinquency notification from the Nasdaq Listing Qualifications Staff for non‑compliance with Nasdaq Listing Rule 5250(c)(1) due to a late Annual Report on Form 10‑K for the year ended December 31, 2025. The notice does not immediately delist the company but starts a compliance process that could lead to delisting if not resolved.

Key Details

• Nasdaq notice received: April 16, 2026 (Listing Rule 5250(c)(1) violation for failure to timely file the 2025 Form 10‑K).
• 60‑day submission deadline: June 15, 2026 to submit a plan to regain compliance (or to file the overdue Form 10‑K).
• Possible extension: If Nasdaq accepts a plan, the company may be given up to 180 days from the Form 10‑K due date (until October 12, 2026) to regain compliance.
• Company action: Society Pass is working to complete and expects to file the Form 10‑K within the 60‑day period, which would avoid submitting a formal plan; a press release announcing the notice was issued April 21, 2026.

Why It Matters For investors, this filing signals a regulatory compliance issue tied to late reporting rather than an immediate trading suspension. If the company files its Form 10‑K promptly (by June 15, 2026), the matter may be resolved without further Nasdaq action. However, failure to regain compliance could result in delisting proceedings, which would materially affect liquidity and market access for shareholders.