Society Pass Incorporated (Nasdaq: SOPA) and NusaTrip Incorporated (Nasdaq: NUTR) Respond to Nasdaq/SEC Questions Regarding Status of Trading of NUTR's Securities; NusaTrip's Operations Remain Normal and Unaffected by Trading Suspension
MWN-AI** Summary
Society Pass Incorporated (Nasdaq: SOPA) and its majority-owned subsidiary, NusaTrip Incorporated (Nasdaq: NUTR), recently addressed concerns regarding the trading status of NusaTrip's securities amid ongoing inquiries from Nasdaq and the SEC. As of February 20, 2026, NusaTrip has confirmed the trading of its shares on Nasdaq remains suspended, a situation resulting from a series of regulatory inquiries that began with a request for information from Nasdaq in October 2025. NusaTrip has been diligent in its cooperation, providing written responses to follow-up requests and submitting additional documentation to the SEC.
Despite the suspension of trading, NusaTrip has reassured stakeholders that its operations continue unaffected. The integrated travel technology platform, established in 2015, serves the Southeast Asia (SEA) and Asia-Pacific (APAC) regions, and offers a broad range of services, including access to over 500 airlines and 650,000 hotels globally. NusaTrip's prominence is highlighted by its status as the first Indonesian-based online travel agent (OTA) to receive accreditation from the International Air Transport Association (IATA).
Society Pass Incorporated focuses on e-commerce in rapidly expanding SEA markets, including Vietnam, Indonesia, the Philippines, Singapore, and Thailand. The company aims to enhance the consumer experience through technology while transforming retail dynamics within the region. After going public in November 2021, Society Pass has been actively pursuing growth avenues.
Both companies are committed to transparency and will keep investors informed as more information becomes available. This collaboration with regulatory bodies demonstrates a proactive approach to navigational hurdles in the ever-evolving market landscape of digital commerce and travel technology.
MWN-AI** Analysis
As an emerging player in the Southeast Asian e-commerce and travel landscapes, Society Pass Incorporated (Nasdaq: SOPA) and its majority-owned subsidiary, NusaTrip Incorporated (Nasdaq: NUTR), provide compelling opportunities for investors amidst current regulatory challenges. However, potential investors should carefully consider both companies' current positions.
NusaTrip is currently under a voluntary trading suspension as they respond to inquiries from the SEC and Nasdaq. While management asserts that operations remain unaffected, this suspension can lead to volatility once trading resumes. Investors must assess their risk tolerance, especially considering the heightened scrutiny often placed on companies in similar situations. While the operational stability is reassuring, the regulatory environment can create uncertainty affecting investor confidence and stock recovery post-suspension.
Conversely, Society Pass, established in 2018, has shown promise in leveraging technological advancements to revolutionize the customer experience across their various platforms. With a stronghold in e-commerce across multiple Southeast Asia markets, its expansion strategy could position it favorably for growth as regional demands for digital solutions increase. The emphasis on a personalized shopping journey can enhance its competitive edge, particularly in a burgeoning e-commerce market.
For investors, the path forward lies in monitoring both the resolution of NusaTrip's trading status and the performance metrics of Society Pass. Should NusaTrip emerge successfully from its regulatory hurdles, it may present an attractive entry point. Conversely, Society Pass's growth trajectory may offer higher potential returns as Southeast Asia’s digital economy continues its robust expansion.
In conclusion, while both companies present interesting investment cases, due diligence is essential. An understanding of the ongoing regulatory environment and operational performance will be key to making informed decisions.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
NEW YORK, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Society Pass Incorporated (Nasdaq: SOPA) (the “Company”), Southeast Asia’s (SEA) next generation e-commerce ecosystem, and its majority owned subsidiary, NusaTrip Incorporated (Nasdaq: NUTR) (“NusaTrip”), the leading SEA and Asia-Pacific-based (APAC) integrated travel technology platform, announces that NusaTrip filed a Form 8-K with the Securities and Exchange Commission (SEC) on February 3, 2026 regarding the status of trading in NusaTrip’s securities on The Nasdaq Stock Market LLC (“Nasdaq”) and related regulatory inquiries.
Click Here (on SEC website) to view Form 8-K.
Following NusaTrip’s initial response on October 14, 2025 to Nasdaq’s October 9, 2025 information request, Nasdaq issued follow-up requests for additional information. NusaTrip submitted written responses to these follow-up requests on November 17, 2025. On December 22, 2025, NusaTrip received a request from the SEC for the voluntary production of documents. NusaTrip submitted its responses to the SEC’s request on January 20, 2026.
Trading in NusaTrip’s securities on Nasdaq remains halted as of today’s date. NusaTrip continues to cooperate fully with SEC and Nasdaq to resolve any outstanding matters. NusaTrip will provide further updates as appropriate.
NusaTrip wishes to inform its shareholders and the investing public that its daily business operations remain normal and have not been materially affected by the ongoing trading suspension.
About Society Pass Incorporated.
Founded in 2018 as an e-commerce ecosystem in the fast-growing markets of Vietnam, Indonesia, Philippines, Singapore and Thailand, which account for more than 80% of the SEA population, and with offices located in Bangkok, Ho Chi Minh City, Jakarta, Manila, and Singapore, Society Pass Incorporated (Nasdaq: SOPA) is a holding company operating in the digital media, travel, and lifestyle industries. Society Pass leverages technology to tailor a more personalized experience for customers in the purchase journey and to transform the entire retail value chain in SEA.
Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021.
For more information on Society Pass, please visit:
Website at https://www.thesocietypass.com or
LinkedIn at https://www.linkedin.com/company/societypass or
Facebook at https://www.facebook.com/thesocietypass or
X at https://twitter.com/society_pass or
Instagram at https://www.instagram.com/societypass/.
About NusaTrip Incorporated.
Established in 2015 and headquartered in Jakarta, Indonesia, NusaTrip Incorporated (Nasdaq: NUTR) is an integrated travel technology platform with geographical specialization in SEA and APAC. NusaTrip’s marketing platform currently provides access to more than 500 airlines and 650,000 hotels worldwide. We are the first Indonesian-based online travel agent (OTA) in Indonesia to receive International Air Transport Association (IATA) accreditation. IATA gives OTA’s access to all airline fares and inventories.
NusaTrip completed an initial public offering in August 2025.
For more information, please visit:
Website at: https://www.nusatrip.com
Investor relations at: https://www.nusatripir.com
LinkedIn at: https://www.linkedin.com/company/nusatrip
Facebook at: https://www.facebook.com/NusaTripCom
X at: https://x.com/nusatrip
Instagram at: https://www.instagram.com/nusatrip/
Cautionary Note Concerning Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the “safe harbour” provisions of the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as “anticipate”, “estimate”, “expect”, “project”, “plan”, “intend”, “believe”, “may”, “will”, “should”, “can have”, “likely” and other words and terms of similar meaning. Forward-looking statements represent the current expectations of Society Pass Incorporated and NusaTrip Incorporated regarding future events and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those implied by the forward-looking statements. Among those risks and uncertainties are market conditions, including the trading price and volatility of common stock of Society Pass Incorporated and NusaTrip Incorporated and risks relating to the business of Society Pass Incorporated and NusaTrip Incorporated.
Media Contact:
Raynuald LIANG
Chief Executive Officer
ray@thesocietypass.com
FAQ**
What specific factors have contributed to the trading suspension of NusaTrip’s securities and how does Society Pass Incorporated (SOPA) plan to address these regulatory inquiries?
Given the ongoing challenges with Nasdaq and the SEC, what long-term impacts could this have on Society Pass Incorporated (SOPA) and its subsidiary’s growth strategies?
How is Society Pass Incorporated (SOPA) ensuring that its operations remain unaffected despite the trading halt of NusaTrip and what measures are in place to communicate updates to stakeholders?
What are the projections for market conditions in Southeast Asia that Society Pass Incorporated (SOPA) is considering as it navigates NusaTrip’s situation and plans for future expansions?
**MWN-AI FAQ is based on asking OpenAI questions about Nutraceutical International Corporation (NASDAQ: NUTR).
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