Sos Limited (SOS) has released an update.
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SOS Limited, a Cayman Islands-based company, has announced the offering of over 5 million American Depositary Shares (ADSs) and warrants for additional ADSs, with a potential reach of over 156 million shares represented. The company has confirmed its registration statement with the SEC, ensuring compliance with Cayman Islands law for its share capital and authority to issue and sell the shares. The transaction further solidifies SOS Limited’s standing and capability to perform its obligations under the associated agreements.
For further insights into SOS stock, check out TipRanks’ Stock Analysis page.
