Company: NUTR
Filing Date: 2025-03-25
Form Type: CORRESP
Source: 0001641172-25-000449
Chunk: 52

Company: NUSATRIP Inc
Filing Date: 2025-03-25
Form: CORRESP
Chunk 52
---
Society Pass Incorporated will control 78.877.5% of the voting power of the Company’s outstanding voting
securities.

The Company has adopted a dual-class share structure with different voting rights, which may adversely affect the value and liquidity of the Common Stock.

The Company has adopted a dual-class structure with
different voting rights, and such dual-class share structure may result in a lower or more volatile market price of the Company’s
Common Stock. The Company’s dual class share structure comprised of Common Stock and Super Voting Preferred Stock. In respect of
matters requiring the votes of stockholders, each share of Common Stock is entitled to one vote and each share of Super Voting Preferred
Stock is entitled to 1,000 votes. Only the shares of Common Stock are tradable on the market upon the consummation of this offering. Certain
shareholder advisory firms have announced changes to their eligibility criteria for inclusion of shares of public companies on certain
stock market indices, including the S&P 500, to exclude companies with multiple classes of shares and companies whose public shareholders
hold no more than five percent of total voting power from being added to such indices. In addition, several shareholder advisory firms
have announced their opposition to the use of multiple class structures. As a result, the Company’s dual-class share structure may
prevent the inclusion of the Company’s Common Stock in such indices and may cause shareholder advisory firms to publish negative
commentary about the Company’s corporate governance practices or otherwise seek to cause the Company to change its capital structure.
Any such exclusion from indices could result in a less active trading market for the Company’s securities. Any actions or publications
by shareholder advisory firms critical of the Company’s corporate governance practices or capital structure could also adversely
affect the value of the Company’s Common Stock. Heather Maynard has disclaimed all interests in the 75,000 shares of Super Voting
Preferred Stock, which are held in the treasury.

The Company’s dual class share structure with different voting rights will limit your ability to influence corporate matters and could discourage others from pursuing any change of control transactions that holders of the Company’s Super Voting Preferred Stock may view as beneficial.

The Company has adopted a dual class share structure
comprised of Common Stock and Super Voting Preferred Stock. In respect of matters requiring the votes of stockholders, each share of Common
Stock is entitled to one vote and each share of Super Voting Preferred Stock is entitled to 1,000 votes. Only the shares of Common Stock
are tradable