Nasdaq Listing
-
Society Pass Inc. (SOPA) Remains Compliant with Nasdaq Listing Rules
Society Pass (SOPA) announced it has regained compliance with Nasdaq listing standards, specifically Rule 5550(b)(2), by meeting the minimum stockholders’ equity requirement of $2.5 million. Nasdaq confirmed the compliance on September 2, 2025. Maintaining its Nasdaq listing is crucial for SOPA, a Southeast Asian investment firm, as it allows continued access to capital markets and enhances its visibility among investors in the competitive tech landscape. This follows previous scrutiny regarding its listing status.
-
BriaCell Sets Proposed Effective Date for Share Consolidation
BriaCell Therapeutics (BCTX) announced a 1-for-10 reverse stock split, effective August 25, 2025, to maintain Nasdaq listing compliance. Shareholders receive one new share for every ten held; fractional shares of 0.5 or greater will be rounded up. The company’s convertible securities will be proportionally adjusted. Post-consolidation, BriaCell will continue trading under BCT (TSX) and BCTX (Nasdaq). Registered shareholders will receive transmittal letters with exchange instructions. The reverse split aims to increase the share price and maintain access to capital markets.