Recent Updates — SOS

SOS Limited reported a net loss attributable to shareholders of $34.5 million, or $2.08 per share, for the six months ended June 30, 2026, compared to a $14.2 million loss in the prior-year period. Revenue declined significantly to $48.8 million from $89.6 million, driven by a suspension of cryptocurrency mining operations and lower commodity trading volumes. The company recorded a $27.4 million fair value loss on its digital asset holdings, primarily Bitcoin and Ethereum, which reduced total comprehensive loss to $30 million. Cash reserves increased sharply to $231.9 million from $3.2 million at year-end 2025, largely due to collections on other receivables. SOS Limited operates as a blockchain-based marketing solution provider engaged in commodity trading and cryptocurrency operations.

On September 24, 2026, SOS Limited entered into a Securities Purchase Agreement with non-U.S. persons to sell 40,000,000 Class A Ordinary Shares at $0.30 per share for an aggregate purchase price of approximately $12 million. The net proceeds will be used for the further development and construction of its data center business, working capital, and general corporate purposes. The transaction is subject to conditions including NYSE approval of a supplemental listing application. SOS Limited operates in the technology infrastructure sector, specifically focusing on data center services.

SOS Limited filed a correction to clarify that its Securities Purchase Agreement for $3.42 million was executed on September 15, 2026, not September 18 as previously stated. The company also disclosed receipt of a Public Reprimand Letter from the NYSE for failing to timely disclose the agreement and providing inaccurate dates in prior filings. This regulatory action highlights governance risks regarding disclosure compliance. SOS Limited operates in the technology sector.