Recaps · October 1, 2026

SORA, October 1: a quiet day, then $3.64 after the bell

• Small cap
• Momentum
• Main move: after hours
• Thin trading
• News: MOU headline
• After-hours spike
• Foreign filer (6-K)

Float

10.41 million shares

Volume

3.37 million shares

Previous close

$2.38

Open

$2.27 (up 4.6%)

High

$2.41 at 3:51 p.m.

Close

$2.41

Pre-market: 6 shares

The previous close was $2.38. The first trade on October 1 was at 4:00 a.m., at $2.20. That was below the close.

It was also the pre-market high. 6 shares traded before the bell, and nothing else printed until the open.

The open and a slow morning

It opened at $2.27, down 5% from the previous close. One share traded in that first minute.

By 9:32 it was at $2.35. At 9:33, 485 shares traded at $2.35, the biggest minute of the morning. A single share printed at $2.38 at 9:50.

Then it drifted down on very thin trading. It was at $2.30 at 10:42 and $2.22 at 11:00. The low since the open was $2.21 at 11:05. Most minutes had no trades at all.

The afternoon

The next trade after $2.21 at 11:06 came at 12:58, at the same $2.21. At 3:03 p.m. it printed $2.36. From 3:15 p.m. it sat at $2.35. At 3:40 p.m., 1,158 shares traded at that price.

At 3:51 p.m. it moved. The minute opened at $2.38, went to $2.41, the high of the regular session, and closed there on 996 shares.

The last regular-session print was $2.36 at 4:00 p.m. The stock had traded 3,482 shares from 9:30 to 4:00, against a float of 10.4 million. Normal volume is tiny, about 9,000 shares a day.

After hours: the headline and the 6-K

At 4:05 p.m. GlobeNewsWire ran: “AsiaStrategy Signs Memorandum of Understanding with Plume Network to Advance Real-World Asset Tokenisation Across Asia.” The 4:05 candle ran from $2.41 to $2.55 and closed at $2.54 on 4,169 shares.

The next minute was the spike. At 4:06 p.m. the company filed a 6-K, a foreign company's current report. That candle opened at $2.63 and hit $3.64, the high of the day, and closed at $3.62 on 10,532 shares.

At 4:07 p.m. it fell to $2.88 inside the minute and closed at $2.98, on 63,371 shares. After that it dipped as low as $2.74 at 4:09 p.m., then held mostly between $3.00 and $3.30. It touched $3.55 at 4:25 p.m.

It was still near $3.07 at 7:59 p.m. After hours, 3.36 million shares traded, against 3,482 in the regular session. The whole day came to about 3.37 million shares, or 364 times normal volume.

What to take from it

• A stock that barely trades in the regular session can trade heavily after hours. SORA's regular session was 3,482 shares. After hours it traded 3.36 million.
• Thin books make small orders expensive. At the 3:51 p.m. high, a 5,000-share buy averaged $2.46 against $2.38 on the screen.
• The first spike is not always the level that holds. The 4:06 p.m. high was $3.64, and the next minute closed at $2.98.