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Society Pass applies to extend an additional 180 days to meet minimum bid price

Society Pass announces that it has applied to The Nasdaq Stock Market requesting an additional 180 days to comply with the $1.00 minimum bid price required for continued listing on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2). With the exception of the bid price requirement, SoPa believes it meets the continued listing requirements for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market including stockholders’ equity, publicly held shares, public holders and market makers.

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