Company: NUTR
Filing Date: 2025-03-21
Form Type: S-1
Source: 0001641172-25-000122
Chunk: 25

Company: NUSATRIP Inc
Filing Date: 2025-03-21
Form: S-1
Chunk 25
---
 ●                                                                                                                                       
 50% of the net proceeds for expansion of market.                                                                                        
 ●                                                                                                                                       
 30% of the net proceeds for working capital and other general corporate purposes.                                                       
 For                                                                                                                                     
 more information on the use of proceeds, see “Use of Proceeds” on page 37.                                                              |
| Lock-up:                                           |     | We                                                                                                                                      
 and each of, our officers, directors, and 5% or more stockholders, have agreed with the underwriters, subject to certain exceptions,    
 not to sell, transfer or otherwise dispose of any shares of Common Stock or similar securities for a period of 180 days after           
 the date of this prospectus. See “Shares Eligible for Future Sale” and “Underwriting” for more                                          
 information.                                                                                                                            |
| Risk                                               
 factors:                                           |     | The                                                                                                                                     
 purchase of our securities involves a high degree of risk. See “Risk Factors” beginning on page 15 and other                            
 information included in this prospectus for a discussion of factors you should carefully consider before deciding to invest in our      
 securities.                                                                                                                             |
| Nasdaq                                             
 symbol:                                            |     | “NUTR”                                                                                                                                  |

The number of shares of our Common Stock outstanding prior to this offering, as set forth in the table above, is based on the shares outstanding as of 14,000,000.

| 13 |

<div align='center'>CONTROLLED COMPANY EXEMPTION</div>

Upon the consummation of this offering, Society Pass Incorporated will control 77.5% of the voting power of the Company’s outstanding voting securities, assuming that the underwriters of this offering do not exercise their option to purchase additional Common Stock. As a result, the Company will be a “controlled company” within the meaning of NASDAQ rules, and the Company may qualify for and rely on exemptions from certain corporate governance requirements. Under NASDAQ corporate governance standards, a company of which more than 50% of the voting power for the election of directors is held by an individual, a group or another company is a “controlled company” and may elect not to comply with certain corporate governance requirements, including the requirements to:

have a board that includes a majority of “independent directors,” as defined under NASDAQ rules;

have a compensation committee of the board that is comprised entirely of independent directors with a written charter addressing the committee’s purpose and responsibilities; and

have independent director oversight of director nominations.

The Company does not intend to rely on these