0001817511 true On February 17, 2022, Society Pass Incorporated (the ?Company?) filed a Current Report on Form 8-K (the ?Initial Filing?) to report that, among other things, that its indirect subsidiary Push Delivery PTE Ltd., a Republic of Singapore corporation (the ?Buyer") purchased all of the issued and outstanding capital stock of New Retail Experience, Incorporated, a Philippines company d/b/a Pushkart ("Pushkart") pursuant to a Share Purchase Agreement (the "Share Purchase Agreement") dated February 14, 2022 among the Buyer and all of the shareholders of Pushkart (the ?Acquisition?). This Form 8-K/A amends Items 9.01 (a) and 9.01(b) of the Initial Filing to provide the audited and pro forma financial information required by Item 9.01 of Form 8-K that was previously omitted from the Initial Filing as permitted by Items 9.01(a)(3) and 9.01(b)(2). This Form 8-K/A does not amend any other item of the Initial Filing and all other information previously reported in or filed with the Initial Report is hereby incorporated by reference to this Form 8-K/A. 0001817511 2022-02-14 2022-02-14 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K/A

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) February 14, 2022

 

SOCIETY PASS INCORPORATED

(Exact name of registrant as specified in its charter)

 

Nevada   001-41037   83-1019155
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (IRS Employer
Identification No.)

 

701 South Carson Street Suite 200, Carson City , NV   89701
(Address of principal executive offices)   (Zip Code)

 

+65 6518-9382

(Registrant’s telephone number, including area code)

 
N/A
(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Ac (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class   Trading Symbol(S)   Name of each exchange on which registered
Common Stock, par value $0.0001 per share   SOPA   The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

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Explanatory Note

On February 17, 2022, Society Pass Incorporated (the “Company”) filed a Current Report on Form 8-K (the “Initial Filing”) to report that, among other things, that its indirect subsidiary Push Delivery PTE Ltd., a Republic of Singapore corporation (the “Buyer") purchased all of the issued and outstanding capital stock of New Retail Experience, Incorporated, a Philippines company d/b/a Pushkart ("Pushkart") pursuant to a Share Purchase Agreement (the "Share Purchase Agreement") dated February 14, 2022 among the Buyer and all of the shareholders of Pushkart (the “Acquisition”). This Form 8-K/A amends Items 9.01 (a) and 9.01(b) of the Initial Filing to provide the audited and pro forma financial information required by Item 9.01 of Form 8-K that was previously omitted from the Initial Filing as permitted by Items 9.01(a)(3) and 9.01(b)(2). This Form 8-K/A does not amend any other item of the Initial Filing and all other information previously reported in or filed with the Initial Report is hereby incorporated by reference to this Form 8-K/A.

The pro forma financial information included in this Form 8-K/A has been presented for informational purposes only, as required by Form 8-K. It does not purport to represent the actual results of operations that the Company and Pushkart would have achieved had the companies been combined during the periods presented in the pro forma financial information and is not intended to project the future results of operations that the combined company may achieve after the Acquisition.

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Item 9.01 Financial Statements and Exhibits.

(a) Financial statements of businesses acquired.

Pushkart’s audited consolidated financial statements for the years ended December 31, 2021 and 2020 and unaudited financial statements for the nine months ended September 30, 2021 and 2020 are attached hereto as Exhibit 99.1.

 

 (b) Pro forma financial information.

Unaudited pro forma condensed combined financial statements and explanatory notes for Society Pass Incorporated as of September 30, 2021, for the nine months ended September 30, 2021 and for the year ended December 31, 2020 are attached hereto as Exhibit 99.1 and incorporated herein by reference.

(c) Exhibits.

Exhibit

Number Description
99.1 Audited consolidated financial statements for the years ended December 31, 2021 and 2020
99.2 Unaudited pro forma condensed combined financial statements and explanatory notes for Society Pass Incorporated as of September 30, 2021, for the nine months ended September 30, 2021 and for the year ended December 31, 2020.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document))

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

  SOCIETY PASS INORPATED.
   
Date: April 29, 2022 By: /s/ Dennis Nguyen
  Name: Dennis Nguyen
  Title: Chief Executive Officer

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