NusaTrip announces waiver of Society Pass lock-up agreement

NusaTrip (NUTR) announced that its initial public offering underwriter, Cathay Securities, has given its consent to grant an early release to Society Pass (SOPA) from its securities lock-up agreement associated with NusaTrip’s initial public offering. NusaTrip consummated its initial public offering in August 2025, and pursuant to the underwriting agreement between NusaTrip Incorporated and Cathay Securities, Society Pass agreed, subject to certain exceptions, not to offer, pledge, sell, contract to sell, grant, lend or otherwise transfer or dispose of, directly or indirectly, any NusaTrip securities for a period of six months from the date of commencement of sale of NusaTrip’s initial public offering. Cathay Securities has given its consent to grant an early release to Society Pass from this lock-up period, as of January 15th.