SOCIETY PASS INCORPORATED.

AOGB CPA Limited resigned as Society Pass Incorporated's independent registered public accounting firm, effective June 2, 2026. The company stated that the resignation was not due to any identified violation of law or fraud. Society Pass confirmed there were no disagreements on accounting principles, financial statement disclosure, or auditing scope, and no "reportable events" during the fiscal year ended December 31, 2025, and the subsequent interim period. AOGB had not issued an audit opinion for the 2025 financial statements.

Society Pass Incorporated and its wholly-owned subsidiary, SoPa, Inc., filed voluntary petitions for Chapter 11 bankruptcy on May 12, 2026, in the U.S. Bankruptcy Court for the Southern District of Texas. The Company expects ordinary-course operations to continue substantially uninterrupted as they operate as "debtors-in-possession." The filing triggered an event of default, accelerating obligations under the Company's debt instruments, specifically the Prepetition Insurance Agreement, though enforcement is automatically stayed. The Company cautioned that trading in its securities during this period is highly speculative.

Society Pass Incorporated received a delinquency notification from Nasdaq on April 16, 2026, for failing to timely file its Annual Report on Form 10-K for the period ended December 31, 2025. This non-compliance with Nasdaq Listing Rule 5250(c)(1) could lead to delisting if not resolved. The company has 60 days, until June 15, 2026, to submit a compliance plan and expects to file the 10-K within this period.

Society Pass Incorporated received a delinquency notification from Nasdaq on April 16, 2026, due to its failure to timely file its Annual Report on Form 10-K for the period ended December 31, 2025. This notice indicates non-compliance with Nasdaq Listing Rule 5250(c)(1). The company has 60 calendar days, until June 15, 2026, to submit a plan to regain compliance. Society Pass stated it is working diligently and expects to file the Form 10-K within this 60-day period.

Society Pass Incorporated (SOPA) provided an update on a legal dispute with former employee Thomas O Connor and CVO Advisors Pte. Ltd. The plaintiffs initially sought over $18 million in salary, expenses, and shares. The Court, on February 5, 2026, found O Connor fraudulently induced Society Pass into a subscription and software agreement, validating the company's counterclaims. Previously, SOPA placed 3 million shares of its subsidiary, Thoughtful Media Group, into escrow as security.