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Recent Updates — SOS

July 30, 2026View Source ↗

SOS Limited held an extraordinary general meeting on July 27, 2026, where shareholders approved a comprehensive share capital reorganization. The company reduced the par value of Class A and B ordinary shares from US$0.75 to US$0.0000001, cancelled accumulated losses via distributable reserves, and subdivided unissued shares by a factor of 7,500,000. Subsequently, authorized share capital was increased from US$7.00 to US$700.00, creating an additional 5,940,000,000 Class A and 990,000,000 Class B shares. Shareholders also granted the Board discretionary authority to execute a forward stock consolidation with a ratio between 1-for-2 and 1-for-20 at any time within two years. Additionally, the company adopted a new 2026 equity incentive plan reserving up to 1,985,000 Class A ordinary shares for awards. SOS Limited operates in the technology sector, providing software solutions.

July 15, 2026View Source ↗

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.