SOS (SOS) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
SOS Limited has successfully concluded a private placement deal, raising approximately $16.99 million by selling over 161 million units, each composed of one ordinary share and three warrants. The transaction was completed on June 19, 2024, with the units being offered to certain ‘non-U.S. Persons’ at a discounted price, reflecting the company’s strategic efforts in securing new funds.
For further insights into SOS stock, check out TipRanks’ Stock Analysis page.