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GlobeNewswire·

SOS LIMITED ANNOUNCES 1 FOR 20 REVERSE SHARE SPLIT

  • SOS Limited board approved a 1-for-20 reverse share split on October 20, 2026, following shareholder approval on July 27, 2026.
  • The reverse split is expected to become effective on or about November 19, 2026.
  • Shareholders will receive one new ordinary share for every twenty shares held prior to the split.
  • Class A ordinary shares will begin trading on a split-adjusted basis when the market opens on November 19, 2026.
  • New par value for Class A and Class B ordinary shares will be $0.000002 per share.
  • Class A shares will continue trading on the NYSE under the symbol "SOS" with new CUSIP number G8274W112.
  • The split is expected to result in the Class A share price trading at approximately twenty times the pre-split price, though this is not guaranteed.
  • SOS' Articles and Memorandum of Association were amended to reflect the reverse split.
  • Outstanding shares will decrease from approximately 75,792,288 Class A shares to 3,789,615 Class A shares, \& from 5,885,650 Class B shares to 294,283 Class B shares.
  • Any fractional shares resulting from the split will be rounded up to the nearest whole share.
  • Equiniti Trust Company, LLC is acting as the exchange agent for the transaction.
  • Shareholders holding shares in book-entry form or brokerage accounts need not take any action.
  • SOS Limited is an emerging blockchain-based marketing solution provider engaged in cryptocurrency mining \& commodity trading.
Company
SOS Limited
Keywords
NYSE:SOS , SOS Limited