SOS Limited (SOS) Announces Planned ADS Ratio Change

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Go back to SOS Limited (SOS) Announces Planned ADS Ratio Change

SOS Limited Announces Planned ADS Ratio Change

November 4, 2024 4:05 PM EST

QINGDAO, China, Nov. 04, 2024 (GLOBE NEWSWIRE) -- SOS Limited ("SOS" or the "Company") (NYSE: SOS) today announced that it plans to change the ratio of its American depositary shares ("ADSs") from one (1) ADS representing ten (10) Class A ordinary shares to one (1) ADS representing one hundred and fifty (150) Class A ordinary shares (the ADS Ratio Change). The Company anticipates that the ADS Ratio Change will be effective on or about November 19, 2024 (the Effective Date).

For the Companys ADS holders, the ADS Ratio Change will have the same effect as a... More