Company: SOS
Filing Date: 2025-07-31
Form Type: 424B5
Source: 0001213900-25-069766
Chunk: 70

Company: SOS Ltd
Filing Date: 2025-07-31
Form: 424B5
Chunk 70
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 and regulations
or penalties for any failure to comply.

Furthermore, it is uncertain
when and whether we will be required to obtain permission from the PRC government to maintain our listing status on U.S. exchanges in
the future, and even when such permission is obtained, whether it will be later denied or rescinded. On December 24, 2021, the CSRC issued
the Provisions of the State Council on the Administration of Overseas Securities Offering and Listing by Domestic Companies (Draft for
Comments) and the Administrative Measures for the Filing of Overseas Securities Offering and Listing by Domestic Companies (Draft for
Comments) (collectively, the “Draft Overseas Listing Regulations”), which propose to require companies in mainland China and
their overseas special purpose vehicles that seek to offer and list in overseas markets to file with the CSRC and meet compliance rules
for their listing. As advised by our PRC counsel, under existing applicable PRC laws, regulations and regulatory rules, our company, our
WFOEs, the VIEs and their subsidiaries, are not required to obtain permission from the CSRC in connection with any such offering. In addition,
none of them has received any notice of denial of permission to list on a U.S. exchange from any Chinese authorities. However, we cannot
assure you that the relevant PRC government agencies, including the CSRC, would reach the same conclusion as our PRC counsel does. If
the CSRC or any other PRC regulatory body subsequently determines that we need to file with the CSRC or obtain the CSRC’s approval
to maintain our listing status on U.S. exchanges or for the offering of securities by us under this prospectus or if the CSRC or any other
PRC government authorities promulgates any interpretation or implements rules that would require us to file with or obtain approvals of
the CSRC or other governmental bodies for any such listing status or offering, we may face adverse actions that could have a material
and adverse effect on our business, reputation, financial condition, results of operations, prospects, as well as the trading price of
the ADSs.

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Accordingly, government actions in the future,
including any decision to intervene or influence the operations of our subsidiaries in mainland China or the VIEs at any time, or to exert
control over an offering of securities conducted overseas and/or foreign investment in China-based issuers, may cause us to make material
changes to the operations of