Announcement • Aug 13
NusaTrip Incorporated(NasdaqCM:NUTR) dropped from NASDAQ Composite Index NusaTrip Incorporated has been dropped from the NASDAQ Composite Index Announcement • Aug 08
Nusatrip Incorporated Announces Receipt of Delisting Notice from Nasdaq On August 3, 2026, Nusatrip Incorporated (the Company) received a letter (the Delisting Letter) from The Nasdaq Stock Market LLC (Nasdaq) notifying the Company that Nasdaq Listing Qualifications Staff has determined to delist the Company's securities from Nasdaq pursuant to Nasdaq Listing Rules 5101 and IM-5101-4. The Delisting Letter cited factors including the SEC's trading suspension in October 2025 related to potential manipulation, the Company's failure to file its Annual Report on Form 10-K for the fiscal year ended December 31, 2025 and its Quarterly Report on Form 10-Q for the period ended March 31, 2026, and public interest concerns. The Company's failure to comply with Nasdaq Listing Rule 5250(c)(1) due to these delinquent filings serves as an additional basis for delisting. In addition, Society Pass Incorporated (SOPA) controls 78% of the voting power of the Company's outstanding voting securities. On May 14, 2026, SOPA disclosed that it, together with its subsidiary SoPa Inc., had filed for Chapter 11 bankruptcy protection. As a result, 78% of the Company's outstanding voting securities is subject to the bankruptcy process, the timing and outcome of which remain unknown. This uncertainty raises public interest concerns making the continued listing of the Company's securities inadvisable and serves as an additional and separate basis for delisting. Unless the Company requests an appeal of Nasdaq's determination by August 10, 2026, trading of the Company's securities will be suspended at the opening of business on August 12, 2026, and a Form 25-NSE will be filed with the SEC to remove the Company's securities from listing and registration on The Nasdaq Stock Market. The Company does not intend to appeal Nasdaq's determination and intends to seek quotation of its common stock on the Over-the-counter Market. Announcement • Jun 02
NusaTrip Incorporated Receives Nasdaq Delinquency Notification Letter On May 27, 2026, NusaTrip Incorporated received a delinquency notification letter (the Notice) from the Listing Qualifications Staff (the Staff) of the Nasdaq Stock Market LLC (Nasdaq) due to the Company's non-compliance with Nasdaq Listing Rule 5250(c)(1) (the Listing Rule) as a result of the Company's failure to timely file its Annual Report on Form 10-K for the period ended December 31, 2025 and its Quarterly Report on Form 10-Q for the period ended March 31, 2026 (collectively, the Delinquent Filings). The Listing Rule requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission (the SEC). This Notice has no immediate effect on the listing of the Company's securities on Nasdaq. However, if the Company fails to timely regain compliance with the Listing Rule, the Company's securities will be subject to delisting from Nasdaq. The Notice provides that the Company has 60 calendar days, or July 27, 2026, to submit to Nasdaq a plan to regain compliance with the Nasdaq Listing Rule. If Nasdaq accepts the Company's plan, then Nasdaq may grant the Company up to 180 calendar days from the Form 10-K's due date, or until October 12, 2026, to regain compliance. If Nasdaq does not accept the Company's plan, then the Company will have the opportunity to appeal that decision to a Nasdaq Hearings Panel. The Company is working diligently to complete its Delinquent Filings and expects to file its Delinquent Filings within the 60-day period described above, and thereby regain compliance with the Listing Rule. 
