{"id":928281,"date":"2026-01-16T16:55:10","date_gmt":"2026-01-16T21:55:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/nusatrip-incorporated-announces-waiver-of-society-pass-lock-up-agreement\/"},"modified":"2026-01-16T16:55:10","modified_gmt":"2026-01-16T21:55:10","slug":"nusatrip-incorporated-announces-waiver-of-society-pass-lock-up-agreement","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/nusatrip-incorporated-announces-waiver-of-society-pass-lock-up-agreement\/","title":{"rendered":"NusaTrip Incorporated Announces Waiver of Society Pass Lock-Up Agreement"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">Jakarta, Jan.  16, 2026  (GLOBE NEWSWIRE) &#8212; NusaTrip Incorporated (Nasdaq: NUTR) (\u201cNusaTrip,\u201d \u201cNUTR,\u201d or the \u201cCompany\u201d), a travel ecosystem with geographical specialization in Southeast Asia and Asia-Pacific, today announced that its initial public offering underwriter, Cathay Securities, Inc., has given its consent to grant an early release to Society Pass Incorporated (Nasdaq: SOPA) from its securities lock-up agreement associated with NusaTrip\u2019s initial public offering. \u00a0<\/p>\n<p align=\"justify\">NusaTrip consummated its initial public offering in August 2025, and pursuant to the underwriting agreement between NusaTrip Incorporated and Cathay Securities, Inc., Society Pass Incorporated agreed, subject to certain exceptions, not to offer, pledge, sell, contract to sell, grant, lend or otherwise transfer or dispose of, directly or indirectly, any NusaTrip securities for a period of six months from the date of commencement of sale of NusaTrip\u2019s initial public offering. Cathay Securities has given its consent to grant an early release to Society Pass from this lock-up period, as of January 15<sup>th<\/sup>, 2026.<\/p>\n<p>\n        <b>About NusaTrip Incorporated<\/b>\n      <\/p>\n<p>Established in 2015 and headquartered in Jakarta, Indonesia, NusaTrip Incorporated is a travel ecosystem with geographical specialization in Southeast Asia (SEA) and Asia-Pacific (APAC). NusaTrip is an acquisitions-focused company. Mergers and acquisitions of offline travel agencies play a pivotal role in our growth strategy. We have demonstrated an ability to execute accretive and synergistic acquisitions as well as integrate and fundamentally improve our acquired businesses. We have completed acquisitions of VLeisure and VIT, both travel companies in Vietnam. We will continue to focus on the acquisition of other synergistic companies, and we are currently looking to acquire travel agencies operating in PRC, Hong Kong, Philippines, Thailand, Singapore, Malaysia, India, and UAE. We aim to bring travelers from the rest of the world to SEA and APAC (inbound travel) and bring travelers from SEA and APAC to the rest world (outbound travel).<\/p>\n<p>We are the first Indonesian-based online travel agent (OTA) in Indonesia to receive International Air Transport Association (IATA) accreditation. IATA gives OTA\u2019s 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.<\/p>\n<p>Please visit the Company\u2019s website at: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jRvD7EsJc3WwCEHxkwuwftsgTFmjtoGoFaIn5H-NJGKX_L4eMtmtQ-px31jqG4-6MW5VmMGP4tqq8v4BxUpt_jLsZnppbxwreUZ_lLAgCn8=\" rel=\"nofollow\" target=\"_blank\">https:\/\/www.nusatrip.com\/<\/a>.<\/p>\n<p>\n        <b>Forward-Looking Statements<\/b>\n      <\/p>\n<p>This press release contains \u201cforward-looking statements\u201d within the meaning of the \u201csafe harbor\u201d 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 \u201canticipate\u201d, \u201cestimate\u201d, \u201cexpect\u201d, \u201cproject\u201d, \u201cplan\u201d, \u201cintend\u201d, \u201cbelieve\u201d, \u201cmay\u201d, \u201cwill\u201d, \u201cshould\u201d, \u201ccan have\u201d, \u201clikely\u201d and other words and terms of similar meaning. Forward-looking statements represent NusaTrip Incorporated\u2019s current expectations 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 NusaTrip Incorporated\u2019s common stock and risks relating to NusaTrip Incorporated\u2019s business and the satisfaction of closing conditions in the underwriting agreement related to the offering.<\/p>\n<p>\n        <strong>Contact Information:<\/strong>\n      <\/p>\n<p>\n        <b>NusaTrip Incorporated <\/b><br \/>\n        <br \/>Anson Neo <br \/>Chief Executive Officer<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=_6Jog_MmYYb3TnPwzQda_sXRTBPlORWWnU9D3dokMDjSLrUJNahL6HJShF6FHtPGQqa6IBYwHv8hxegkUDR59aXbmZJEVBtLPg2lOMmbXnE=\" rel=\"nofollow\" target=\"_blank\">anson.neo@nusatrip.com<\/a><\/p>\n<p>\n        <b>Skyline Corporate Communications Group, LLC<\/b><br \/>\n        <br \/>Scott Powell, President<br \/>1177 Avenue of the Americas, 5th Floor<br \/>New York, New York 10036<br \/>Office: (646) 893-5835 x2<br \/>Email: info@skylineccg.com<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTYyNzM4NSM3MzY2MjcyIzUwMDE1MDYxNg==\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/Y2NhYzMyMDMtZWZmNy00YjI0LWEwNjUtNmVmNTg5OWMxNGNkLTUwMDE1MDYxNi0yMDI2LTAxLTE2LWVu\/tiny\/NusaTrip.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Jakarta, Jan. 16, 2026 (GLOBE NEWSWIRE) &#8212; NusaTrip Incorporated (Nasdaq: NUTR) (\u201cNusaTrip,\u201d \u201cNUTR,\u201d or the \u201cCompany\u201d), a travel ecosystem with geographical specialization in Southeast Asia and Asia-Pacific, today announced that its initial public offering underwriter, Cathay Securities, Inc., has given its consent to grant an early release to Society Pass Incorporated (Nasdaq: SOPA) from its securities lock-up agreement associated with NusaTrip\u2019s initial public offering. \u00a0 NusaTrip consummated its initial public offering in August 2025, and pursuant to the underwriting agreement between NusaTrip Incorporated and Cathay Securities, Inc., Society Pass Incorporated agreed, subject to certain exceptions, not to offer, pledge, sell, contract to sell, grant, lend or otherwise transfer or dispose of, directly or indirectly, any NusaTrip securities for a period &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nusatrip-incorporated-announces-waiver-of-society-pass-lock-up-agreement\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;NusaTrip Incorporated Announces Waiver of Society Pass Lock-Up Agreement&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-928281","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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