$SOPAQ · SOCIETY PASS INCORPORATED.
Society Pass Incorporated filed an 8-K disclosing the resignation of its entire six-member Board of Directors between September 8 and September 11, 2026, followed by the resignations of CEO Ray Liang and CFO Tan Yee Siong on September 15, 2026 (both effective September 30). The company now has zero board members and will lose its CEO and CFO by month-end. All resignations were stated as not resulting from any disagreement with the company.
- Jeremy Rosenthal resigned from the Board on September 8, 2026, effective immediately.
- Five additional directors — Michael Dunn, Travis Washko, Mark Carrington, Michael Freed, and Vincent Puccio — resigned on September 11, 2026
- The company now has zero remaining board members.
- CEO Ray Liang resigned effective September 30, 2026.
- CFO Tan Yee Siong also resigned effective September 30, 2026.
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A complete board and C-suite wipeout in one week is an extreme governance failure that leaves the company unable to function legally.
Mass resignations of this scale — entire board plus C-suite — are rare even among distressed micro-cap companies and typically precede delisting or bankruptcy proceedings.
With no board members and both CEO and CFO departing, the company lacks governance and financial oversight. The filing states no disagreements, but the complete leadership vacuum raises existential operational risk.
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