NEW YORK, Dec. 31, 2025 (GLOBE NEWSWIRE) — Society Cross Included (Nasdaq: SOPA) (the “Firm”), Southeast Asia’s (SEA) subsequent era e-commerce ecosystem, right this moment introduced the closing of its beforehand introduced finest efforts public providing of an combination of 1,500,000 shares of its frequent inventory at a public providing value of $2.00 per share, for combination 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 supplied and bought pursuant to a registration assertion on Type S-1 (File No. 333-292060), which was declared efficient by the Securities and Alternate Fee (the “SEC”) on December 29, 2025. The providing was made solely by the use of a prospectus forming a part of the efficient registration assertion referring to the providing. Digital copies of the ultimate prospectus could also be obtained on the SEC’s web site at http://www.sec.gov and might also be obtained by contacting Rodman & Renshaw LLC at 600 Lexington Avenue, thirty second Flooring, New York, NY 10022, by phone at (212) 540-4414, or by e-mail at info@rodm.com.
This press launch shall not represent a suggestion to promote or a solicitation of a suggestion 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 places of work 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 way of life). Society Cross leverages know-how to tailor a extra personalised expertise for purchasers within the buy journey and to rework the complete retail worth chain in SEA.
Society Cross accomplished an preliminary public providing and started 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 Notice Regarding Ahead-Trying Statements
This press launch comprises “forward-looking statements” throughout the that means of the “secure harbour” provisions of the Personal Securities Litigation Reform Act of 1995, together with statements concerning the supposed use of the proceeds from the providing. You may establish forward-looking statements by the truth that they don’t relate strictly to historic or present information. These statements might embody phrases equivalent to “anticipate”, “estimate”, “count on”, “venture”, “plan”, “intend”, “imagine”, “might”, “will”, “ought to”, “can have”, “doubtless” and different phrases and phrases of comparable that means. Ahead-looking statements symbolize Society Cross Included’s present expectations concerning future occasions and are topic to identified 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 situations, together with the buying and selling value and volatility of Society Cross Included’s frequent inventory and dangers referring to Society Cross Included’s enterprise, together with the Firm’s potential to develop and efficiently change its enterprise mannequin and the Firm’s potential to establish new investments and spin-off acquisitions.
Media Contact:
Raynuald LIANG
Chief Govt Officer
ray@thesocietypass.com
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