SOS Limited (SOS) Prices 35.75M ADS Offering at $0.56/ADS
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SOS Ltd. Announces Pricing of Approximately $20 Million Registered Direct Offering
March 31, 2022 9:00 AM EDTQINGDAO, China, March 31, 2022 /PRNewswire/ -- SOS Limited (NYSE: SOS) (the "Company" or "SOS"), an emerging blockchain-based and big data-driven marketing solution provider, announced today that it has entered into a securities purchase agreement with certain accredited investors to purchase approximately $20 million worth of its American Depositary Shares ("ADS") in a registered direct offering.
Under the terms of the securities purchase agreement, the Company has agreed to sell 35,750,000 ADSs at a purchase price of $0.56 per ADS.... More
