Society Pass receives Nasdaq notice on minimum bid-price rule; compliance deadline set for September 22, 2026

Reuters
Mar 28
Society Pass receives Nasdaq notice on minimum bid-price rule; compliance deadline set for September 22, 2026
  • Society Pass received a Nasdaq notice stating its stock bid price closed below the $1.00 minimum for 30 consecutive business days under Listing Rule 5550(a)(2).
  • Nasdaq granted an initial 180-day period until September 22, 2026, to regain compliance.
  • Compliance would be regained if the bid price closes at $1.00 or higher for at least 10 consecutive business days before the deadline.
  • If the company does not regain compliance by the deadline, it may qualify for an additional 180-day period, including a potential reverse stock split to cure the deficiency.


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