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SOS Limited has called an Extraordinary General Meeting for July 27, 2026, to vote on several capital reorganization…
SOSSOS Ltd
SOS Limited has called an Extraordinary General Meeting for July 27, 2026, to vote on several capital reorganization proposals. The company seeks shareholder approval for a share capital reduction, reducing the par value of Class A and Class B Ordinary Shares from $0.75 to $0.0000001. Following this, the company intends to increase its authorized share capital from $52.5 million to $700 million. Additionally, the Board has requested authorization to implement a share consolidation with a cumulative ratio between 1-for-2 and 1-for-20 at its discretion within two years. The Board also proposed a 2026 equity incentive plan involving up to 1,985,000 Class A Ordinary Shares. SOS Limited is a Cayman Islands company that operates in the technology sector.