SOS Limited to Conclude Deposit Agreement and Transition to Ordinary Shares Listing

SOS Limited's Strategic Shift: Termination of Deposit Agreement and Listing Changes

On August 28, 2025, SOS Limited (NYSE: SOS), a prominent player in the blockchain and big data sector, revealed its intention to terminate the amended Deposit Agreement originally dated May 4, 2017. The decision is set to officially take effect on September 8, 2025. This change marks a significant phase in the company's progression and reflects strategic adaptations to its business model.

In conjunction with this termination, SOS conducted an extraordinary general meeting of its shareholders on August 11, 2025. Here, shareholders approved crucial modifications to the company's capital structure, which includes an increase in authorized share capital and a pivotal 150-for-1 share consolidation of its ordinary shares. This consolidation implies that every 150 issued and unissued Class A and Class B ordinary shares, which were originally valued at $0.005 each, will merge into one Class A and one Class B ordinary share, now valued at $0.75 each.

With the pending termination, the Depositary responsible for the American Depositary Shares (ADR) will communicate updates about the ADR facility's closure. On the effective date, holders of ADRs will see their shares automatically canceled and replaced by corresponding ordinary shares. Each canceled ADS will yield one ordinary share, facilitating a smooth transition for stakeholders.

Following the conversion, SOS's ordinary shares are expected to be traded directly on the New York Stock Exchange under the same symbol, 'SOS,' bringing new visibility and trading opportunities directly tied to its growth trajectories in both cryptocurrency and blockchain solutions.

This strategic decision aligns with SOS's ongoing transformation and aims to streamline its operations. As the company increasingly focuses on developing its blockchain-based platforms and marketing solutions, it's also involved in cryptocurrency operations, such as mining, and is exploring newer markets in cryptocurrency security and insurance.

Additionally, since April 2021, SOS has actively expanded its footprint in commodities trading through subsidiaries involved in trading agricultural products and minerals, diversifying its portfolio amid the dynamic digital asset landscape.

The move towards direct listing appears to be a calculated step, enabling greater market responsiveness and potentially enhancing its capital acquisition capabilities.

In summary, the decision to terminate the Deposit Agreement and consolidate shares not only demonstrates SOS Limited's proactive approach to evolving market conditions but also signals its commitment to providing a robust framework for operational continuity and growth in its diverse business offerings. This forthcoming transition represents a pivotal moment for the company as it seeks to capitalize on the blockchain revolution and meet the demands of its clientele effectively.

As always, the company continues to express confidence in its strategic vision for the future, despite the inherent risks indicated in its projections and estimates. Stakeholders are encouraged to stay abreast of updates regarding further developments within the organization through its official communications, ensuring well-informed decisions moving forward.