Core Viewpoint - SOS Limited has entered into a securities purchase agreement for the sale of American Depositary Shares (ADS) and unregistered Warrants, aiming to raise approximately $7.5 million through this offering [1][2]. Group 1: Offering Details - The company will sell 2,142,855 ADSs at an effective offering price of $3.50 each, along with Warrants to purchase up to 4,285,710 additional ADSs [1]. - The Warrants will be immediately exercisable, have an exercise price of $3.50 per share, and will expire five and a half years from the initial exercise date [1]. - The offering is expected to close on or about July 31, 2025, pending customary closing conditions [2]. Group 2: Regulatory Information - The ADSs are being offered under a shelf registration statement on Form F-3, which was declared effective by the SEC on June 30, 2025 [3]. - A prospectus supplement related to the ADSs will be filed with the SEC, and copies will be available through the SEC's website or from the placement agent, Maxim Group LLC [3]. Group 3: Company Overview - SOS Limited is engaged in blockchain and cryptocurrency operations, including cryptocurrency mining and commodity trading, with a focus on various trading commodities such as mineral resin, soybeans, and liquid sulfur [6].
SOS Limited Announces Pricing of $7.5 Million Registered Direct Offering