# NUSATRIP Inc (NUTR) — bankruptcy/chapter_11 [announced]
Source: SEC API (secapi.ai) · situation sit_5abf5204d3b0aefb0377 · retrieved 2026-08-12T07:58:07.034Z

## Overview
NusaTrip Incorporated is a travel ecosystem with geographical specialization in Southeast Asia and Asia-Pacific, operating as an online travel agent (OTA) and the first Indonesian-based OTA to receive International Air Transport Association (IATA) accreditation.

On August 3, 2026, NusaTrip Incorporated received a delisting determination from Nasdaq, citing the SEC's October 2025 trading suspension related to potential manipulation, the company's failure to file its Form 10-K for fiscal year ended December 31, 2025 and Form 10-Q for the period ended March 31, 2026, and public interest concerns. Additionally, Society Pass Incorporated (SOPA), which controls 78% of NusaTrip's voting securities, filed for Chapter 11 bankruptcy protection on May 14, 2026, creating uncertainty that Nasdaq deemed inadvisable for continued listing. Unless NusaTrip appeals by August 10, 2026, trading will be suspended at the opening of business on August 12, 2026, and the company will be removed from Nasdaq listing. NusaTrip does not intend to appeal and plans to seek quotation on the over-the-counter market.

## Terms
- Counterparty: The Nasdaq Stock Market LLC · Stake: 78%

## Key dates
- Announced 2026-08-07 · Expected close 2026-08-12

## Timeline
- 2026-08-07 · 8-K (0001493152-26-036635): 8-K - NUSATRIP Inc — *NusaTrip Incorporated is a travel ecosystem with geographical specialization in Southeast Asia and Asia-Pacific, operating as an online travel agent (OTA) and the first Indonesian-based OTA to receive International Air Transport Association (IATA) accreditation.* On August 3, 2026, NusaTrip Incorporated received a delisting determination from Nasdaq, citing the SEC's October 2025 trading suspension related to potential manipulation, the company's failure to file its Form 10-K for fiscal year ended December 31, 2025 and Form 10-Q for the period ended March 31, 2026, and public interest concerns. Additionally, Society Pass Incorporated (SOPA), which controls 78% of NusaTrip's voting securities, filed for Chapter 11 bankruptcy protection on May 14, 2026, creating uncertainty that Nasdaq deemed inadvisable for continued listing. Unless NusaTrip appeals by August 10, 2026, trading will be suspended at the opening of business on August 12, 2026, and the company will be removed from Nasdaq listing. NusaTrip does not intend to appeal and plans to seek quotation on the over-the-counter market.
  https://www.sec.gov/Archives/edgar/data/2006468/0001493152-26-036635.txt

## Citations
- 0001493152-26-036635 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000149315226036635