SOPAQ · Society Pass Incorporated.
Substantial doubt about the company's ability to continue as a going concern.
“As shown in the consolidated financial statements, the Company has suffered loss for period of $6,574,023, working capital surplus of $7,675,620 and accumulated deficit of $116,607,896 as of September 30, 2025 that raise substantial doubt about its ability to continue as a going concern.”View the 10-Q filed Nov 14, 2025
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2025-02-03 | Dunn Michael Paul JR |
Director |
Sell↓
|
Common Stock
|
10,714 |
| 2025-02-03 | Dunn Michael Paul JR |
Director |
Buy↑
|
Common Stock
|
12,000 |
| 2024-09-30 | Dunn Michael Paul JR |
Director |
Award↑
|
Common Stock
|
509 |
| 2024-08-28 | Dunn Michael Paul JR |
Director |
Award↑
|
Common Stock
|
4,000 |
| 2024-08-20 | Dunn Michael Paul JR |
Director |
Award↑
|
Common Stock
|
3,999 |
| 2024-08-20 | Dunn Michael Paul JR |
Director |
Award↑
|
Common Stock
|
1 |
| 2023-12-31 | TAN BIEN KIAT |
Director |
Buy↑
Filing footnotes — Common Stock (Direct)
Received for services on SOPA's board of directors. Includes 1,953,478 shares of common stock owned by Tan Bien kiat through Ellwood International Limted, a company owned and controlled by Mr. Tan. |
Common Stock
|
113,088 |
| 2023-12-31 | MACKAY JOHN SEBASTIAN |
Director |
Buy↑
Filing footnotes — Common Stock (Direct)
Received for service on SOPA's board of directors. |
Common Stock
|
113,088 |
| 2023-12-31 | CUTLER LINDA SUSAN |
Director |
Buy↑
Filing footnotes — Common Stock (Direct)
Received for service on SOPA'S board of directors. Includes 144,000 owned jointly by Linda Cutler and Kenneth L. Cutler. |
Common Stock
|
113,088 |
| 2023-12-31 | MILLER JEREMY |
Director |
Buy↑
Filing footnotes — Common Stock (Direct)
Received for service on SOPA's board of directors. Mr. Miller holds 149,500 shares of common stock through DJM LLC, a limited liability company he owns and controls. |
Common Stock
|
113,088 |
| 2023-10-24 | TAN BIEN KIAT |
Director |
Buy↑
Filing footnotes — Common Stock (Direct)
Received for service performed by Ellwood International Limited. Includes 1,953,478 shares of common stock owned by Tan Bien kiat through Ellwood International Limted, a company owned and controlled by Mr. Tan. |
Common Stock
|
100,000 |
| 2023-09-30 | MILLER JEREMY |
Director |
Buy↑
Filing footnotes — Common Stock (Direct)
Received for service on SOPA's board of directors. Mr. Miller holds 149,500 shares of common stock through DJM LLC, a limited liability company he owns and controls. |
Common Stock
|
71,598 |
| 2023-09-30 | MACKAY JOHN SEBASTIAN |
Director |
Buy↑
Filing footnotes — Common Stock (Direct)
Received for service on SOPA's board of directors. |
Common Stock
|
71,598 |
| 2023-09-30 | CUTLER LINDA SUSAN |
Director |
Buy↑
Filing footnotes — Common Stock (Direct)
Received for service on SOPA'S board of directors. Includes 144,000 owned jointly by Linda Cutler and Kenneth L. Cutler. |
Common Stock
|
71,598 |
| 2023-09-30 | TAN BIEN KIAT |
Director |
Buy↑
Filing footnotes — Common Stock (Direct)
Received for services on SOPA's board of directors. Includes 1,953,478 shares of common stock owned by Tan Bien kiat through Ellwood International Limted, a company owned and controlled by Mr. Tan. |
Common Stock
|
71,598 |
| 2023-08-02 | Nguyen Dennis Luan Thuc |
Director, Chief Executive Officer |
Gift↓
Filing footnotes — COMMON STOCK (Indirect)
This transaction represents a bona fide gift of the Company's common stock to a trust. The closing price of Company's common stock on August 2, 2023, was $0.49 per share. Includes (i) 118,900 shares which are held in the name of Maroon Capital Limited of which Mr. Nguyen has a controlling interest; (ii) 1,643,700 shares in the name of Gopher Limited of which Mr. Nguyen has a controlling interest; (iii) 1,950,230 shares in the name of Blue Jay Capital Limited of which Mr. Nguyen has a controlling interest and 1,945,270 shares underlying a 10-year option that has an exercise price of $6.49 that is held by Mr. Nguyen. |
COMMON STOCK
(I)
|
1,550,000 |
| 2023-06-30 | MACKAY JOHN SEBASTIAN |
Director |
Buy↑
Filing footnotes — Common Stock (Direct)
Received for service on SOPA's board of directors. |
Common Stock
|
41,288 |
| 2023-06-30 | TAN BIEN KIAT |
Director |
Buy↑
Filing footnotes — Common Stock (Direct)
Received for services on SOPA's board of directors. Includes 1,953,478 shares of common stock owned by Tan Bien kiat through Ellwood International Limted, a company owned and controlled by Mr. Tan. |
Common Stock
|
41,288 |
| 2023-06-30 | CUTLER LINDA SUSAN |
Director |
Buy↑
Filing footnotes — Common Stock (Direct)
Received for service on SOPA'S board of directors. Includes 144,000 owned jointly by Linda Cutler and Kenneth L. Cutler. |
Common Stock
|
41,288 |
| 2023-06-30 | MILLER JEREMY |
Director |
Buy↑
Filing footnotes — Common Stock (Direct)
Received for service on SOPA's board of directors. Mr. Miller holds 149,500 shares of common stock through DJM LLC, a limited liability company he owns and controls. |
Common Stock
|
41,288 |
| 2023-03-31 | LIANG RAYNAULD WEE LEONG |
CFO/Singapore Country Gen Mgr |
Buy↑
Filing footnotes — Common Stock (Direct)
Issued for services |
Common Stock
|
159,032 |
| 2023-03-01 | TAN BIEN KIAT |
Director |
Buy↑
Filing footnotes — Common Stock (Direct)
Received for service performed by Ellwood International Limited. Includes 1,953,478 shares of common stock owned by Tan Bien kiat through Ellwood International Limted, a company owned and controlled by Mr. Tan. |
Common Stock
|
196,078 |
| 2021-12-31 | TAN BIEN KIAT |
Director |
Buy↑
Filing footnotes — Common Stock (Direct)
Includes 1,172,400 shares of common stock beneficially owned by Tan Bien Kiat through Ellwood International Limited, a company Mr. Tan owns and controls. Of this common stock, 60,000 shares were awarded to Ellwood International on 12/31/2021 and were not previously reported on Form 4. |
Common Stock
|
8,556 |
| 2021-12-31 | TAN YEE SIONG |
Chief Financial Officer |
Buy↑
|
Common Stock
|
132 |
| 2021-12-31 | MILLER JEREMY |
Director |
Buy↑
Filing footnotes — Common Stock (Direct)
Mr. Miller holds 44,400 shares through DJM LLC, a limited liability company that he owns and controls and holds 8,556 shares directly. |
Common Stock
|
8,556 |
| 2021-12-31 | MACKAY JOHN SEBASTIAN |
Director |
Buy↑
|
Common Stock
|
8,556 |
| 2021-12-31 | CUTLER LINDA SUSAN |
Director |
Buy↑
|
COMMON STOCK
|
8,556 |
| 2021-12-08 | Nguyen Dennis Luan Thuc |
Director, Chief Executive Officer |
Other↑
Filing footnotes — Stock Option (right to buy) (Direct)
This stock option was acquired in a private transaction as of December 8, 2021 after the Company's initial public offering. |
Stock Option (right to buy)
|
1,607,630 |