Recent Updates — SOS
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.
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.