SOS Ltd. Announces Pricing of $110.0 Million Registered Direct Offering
SOS Limited American Depositary Shares (SOS)
Company Research
Source: PR Newswire
QINGDAO, China, Feb. 11, 2021 /PRNewswire/ -- SOS Limited (NYSE: SOS) (the "Company" or "SOS"), a high-tech company providing a wide range of data mining and marketing analysis services to its corporate and individual members in China, announced today that it has entered into a securities purchase agreement with certain accredited investors to purchase $110,000,000 worth of its American Depositary Shares ("ADS") and warrants in a registered direct offering.Under the terms of the securities purchase agreement, the Company has agreed to sell 22,000,000 million ADSs and warrants to purchase 16,500,000 million ADS. The warrants will be exercisable immediately upon the date of issuance and have an exercise price of $5.00. The warrants will expire five years from the date of issuance. The purchase price for one ADS and one corresponding warrant will be $5.00. The determination of the purchase price was based on the average of the Company's closing stock price over the past five trading days
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SOS
News
- SOS Ltd. Announces Pricing of $7.85 Million Public Offering [Yahoo! Finance]Yahoo! Finance
- SOS Ltd. Announces Pricing of $7.85 Million Public OfferingPR Newswire
- SOS Ltd Provides Operating Update of its Super-Computing Centers in the U.S. [Yahoo! Finance]Yahoo! Finance
- SOS Ltd Provides Operating Update of its Super-Computing Centers in the U.S.PR Newswire
SOS
Sec Filings
- 3/26/24 - Form 144
- 3/25/24 - Form SC
- 3/25/24 - Form SC
- SOS's page on the SEC website