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CMF Represents Society Pass, Inc. In $28 Million Initial Public Offering And Nasdaq Listing

Society Pass Inc. logo

Press Release – New York, NY – November 9, 2021 –  Securities and corporate law firm Carmel, Milazzo & Feil LLP (“CMF”) announced today that it has represented Society Pass, Inc. (“SoPa” or the “Company”), a leading Southeast Asian data-driven loyalty platform, today announced the pricing of its initial public offering of 2,888,889 shares of common stock at a price of US$9.00 per share and its closing of the underwriter’s purchase of an additional 236,111 shares of Common Stock pursuant to its over-allotment option. The shares have been approved for listing on the Nasdaq Capital Market and will trade under the ticker symbol “SOPA” beginning November 9, 2021.

The Company received aggregate proceeds of $28.125 million, before deducting underwriting discounts and commissions and other estimated offering expenses.

Maxim Group LLC is acting as sole book-running manager for the offering.

A registration statement relating to the Shares was declared effective by the SEC on November 8, 2021. The offering is being made only by means of a prospectus, copies of which may be obtained by contacting Maxim Group LLC, 300 Park Avenue, 16th Floor, New York, New York 10022. Copies of the registration statement can be accessed through the SEC’s website at www.sec.gov.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.