Society Pass Signs Multiple Material Agreements
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Society Pass has signed multiple financing agreements, including a Securities Purchase Agreement and a Pre-Funded Warrant Agreement, to raise approximately $2.5 million through a public offering. The shares are priced at $0.55, with pre-funded warrants at $0.549, and are immediately exercisable. The company has also engaged Rodman & Renshaw as its exclusive placement agent, earning a 7.0% fee. Proceeds will be used for working capital and general corporate purposes.
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