Society Pass announces 1-for-15 reverse split

• Society Pass (NASDAQ:SOPA) on Friday said its board approved a proposed 1-for-15 shares reverse split of its common stock.
• Beginning with the opening of trading on May 1, 2024, the company's common stock will begin trading on a post-reverse split basis on Nasdaq under the same symbol "SOPA".
• The objective of the reverse split is to enable the company to regain compliance and maintain its listing on Nasdaq.
• SOPA -3.2% after hours to $0.1413.
• Source: Press Release

More on Society Pass

• Seeking Alpha’s Quant Rating on Society Pass
• Historical earnings data for Society Pass
• Financial information for Society Pass