Common Stock, par value $0.0001 per share
- Symbol
- NUTR
- Exchange
- NASDAQ
- Classification
- COMMON
Current Report · Items 3.01, 8.01, 9.01 · 8-K
Nusatrip Incorporated
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing · Other Events
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. 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 L…
Press release in this filing
NusaTrip Announces Receipt of Delisting Notice from Nasdaq →Company context
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. For being the first IATA-accredited OTA in Indonesia, we have first-hand fares from both full-service and low-cost carriers. This also gives us access to global distribution channels from the Meta Searches (Kayak and SkyScanner) where newly established OTA will have only regional access for distribution. In addition, as a member of ASITA — Association of the Indonesia Tours and Travel Agencies, our mission is to become the Premier Travel Hub in SEA. We believe travel brings different and disparate cultures and people together. In short, travel brings humanity closer together. NusaTrip contributes to the revitalization of the regional and global travel and tourism industry by enabling and promoting social network-based entrepreneurship and cross collaboration. And we promote SEA and APAC to travelers both regionally and globally through our NusaTrip and VLeisure websites, NusaTrip mobile application and NusaTrip social media channels, including Instagram, Facebook, TikTok, LinkedIn, Twitter and YouTube. As of December 31, 2024, we employ more than 65 staff members, all of which are based in our offices in Jakarta, Vietnam and Singapore. Previously, we employed more than 100 staff members, however, we decreased our staff members due to the successful completion of the suppl
Recent company filings
- 25-NSE - filed by Nasdaq Stock Market LLC regarding NUSATRIP IncOct 7, 2026
- DEF 14C filingOct 1, 2026
- PRE 14C filingAug 17, 2026
- Changes in Registrant's Certifying AccountantJun 15, 2026
- Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory ArrangementsJun 9, 2026
Registered securities in this filing
NusaTrip Incorporated · 8-K · Filed 2026-08-07
Disclosure sections
Item 3.01Item 3.01 - Notice of Delisting
Item 3.01
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
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.
Item
8.01. Other Events.
On
August 7, 2026, the Company issued a press release announcing the Delisting Letter. A copy of the press release is attached as Exhibit
99.1 to this Current Report.
Filed exhibits (1)
EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 NusaTrip Announces Receipt of Delisting Notice from Nasdaq Jakarta, Indonesia, August 7, 2026 (GLOBE NEWSWIRE) - NusaTrip Incorporated (NASDAQ: NUTR) (the “Company” or “NusaTrip”), a travel ecosystem with geographical specialization in Southeast Asia and Asia-Pacific, today announced that on August 3, 2026, the Company received a Staff Delisting Determination (the “Staff Determination”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company that Nasdaq has determined to delist the Company’s securities pursuant to its discretionary authority contained in Nasdaq Listing Rule IM-5101-4. In addition, Nasdaq asserts that the Company’s delay in filing Form 10-K for the fiscal year ended September 30, 2025 and Form 10-Q for the period ended March 31, 2026, serves as an independent basis for delisting under Listing Rule 5250(c)(1). 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 (“SOPA Bankruptcy…
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