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

Company: NUSATRIP Inc
Filing Date: 2025-03-25
Form: CORRESP
Chunk 25
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| ● | Technical risk — Associated with the evolution of the design and the production of the system of interest affecting the level of performance necessary to meet the stakeholder expectations and technical requirements. The design, test, and production processes (process risk) influence the technical risk and the nature of the product.                                                                                                                                                                                                                                             |

Risks Related to Our Intellectual Property

| ● | Assertions by third parties of infringement or other violations by us of their intellectual property rights could harm our business, operating results, and financial condition. |

| ● | Failure to protect our intellectual property rights could substantially harm our business, operating results, and financial condition. |

| 11 |

Risks Related to Our Ownership Structure

| ● | Our historical financial information may not be representative of the results we would have achieved as a stand-alone public company and may not be a reliable indicator of our future results. |

| ● | As an independent, publicly traded company, we may not enjoy the same benefits that we did as part of Society Pass, and thus, we may have difficulty operating as an independent, publicly traded company. |

| ● | Our ability to meet our capital needs may be harmed by the loss of financial support from Society Pass. |

| ● | The Company will be a “controlled company” under the Corporate Governance Rules of Nasdaq and can rely on exemptions from certain corporate governance requirements that could adversely affect holders of Common Stock. |

| ● | 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’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. |

| ● | Certain of our directors and executive officers are directors and/or executive officers of Society Pass and own shares of Society Pass Common Stock, which could cause conflicts of interest. |

| ● | We may have conflicts of interest with our Controlling Stockholder and, because of our Controlling Stockholder’s controlling ownership interest in our Company, we may not be able to resolve such conflicts on terms favorable to us. |

Risks Related to Owning Our Common Stock and This Offering

| ● | There is a limited public market for our securities. |

| ● | We may not be able to satisfy listing requirements of Nasdaq or maintain a listing of our common stock on Nasdaq. |

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