- The board approved the issuance of 75,000 shares of Series X Super Voting Preferred Stock to SOPA Capital at USD 0.0001 per share.
- A majority shareholder written consent by Society Pass, holding about 61% of voting power, approved the same stock issuance.
- Each Series X preferred share carries 1,000 votes and votes together with common stock as a single class.
- The Series X preferred stock provides no dividends and has no liquidation preference.
- The Series X preferred stock is not convertible into common stock and has no redemption or sunset provisions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nusatrip Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-012077), on March 23, 2026, and is solely responsible for the information contained therein.