SOS ( (SOS) ) has issued an announcement.
On March 19, 2025, SOS Limited announced a private placement agreement to sell 222,337,500 units, each comprising one Class A Ordinary Share and a warrant to purchase three shares, for approximately $7.7 million. The funds raised are intended for working capital and general corporate purposes. This strategic move is expected to enhance SOS Limited’s financial flexibility and support its operational goals, potentially strengthening its position in the market.
More about SOS
SOS Limited operates in the technology sector, focusing on providing data-driven solutions and services. The company is involved in the development and distribution of products and services that leverage big data and artificial intelligence, catering primarily to the emergency rescue services industry.
YTD Price Performance: -28.86%
Average Trading Volume: 23,555
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $6.56M
Find detailed analytics on SOS stock on TipRanks’ Stock Analysis page.