Company: SOS
Filing Date: 2025-06-25
Form Type: F-3/A
Source: 0001213900-25-057886
Chunk: 6

Company: SOS Ltd
Filing Date: 2025-06-25
Form: F-3/A
Chunk 6
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 or conceals
any material fact or falsifies any major content in its filing documents, such domestic company may be subject to administrative penalties,
such as an order to rectify, warnings, fines, and its controlling shareholders, actual controllers, the person directly in charge and
other directly liable persons may also be subject to administrative penalties, such as warnings and fines. See “Risk Factors—Risks
Related to Doing Business in China—The reinforcement by China regulatory authorities on the supervision or law enforcement on offerings
that are conducted overseas and/or foreign investment in China-based issuers, which could limit or hinder our ability to offer or continue
to offer securities to investors and cause the value of such securities to significantly decline.”

Pursuant to the Holding Foreign Companies Accountable
Act (the “HFCA ACT”), if the Securities and Exchange Commission (the “SEC”) determines that we have filed audit
reports issued by a registered public accounting firm that has not been subject to inspections by the Public Company Accounting Oversight
Board (the “PCAOB”) for two consecutive years, the SEC will prohibit our shares or ADSs from being traded on a national securities
exchange or in the over-the-counter trading market in the United States. Pursuant to the HFCA Act, the PCAOB issued a Determination Report
on December 16, 2021 which found that the PCAOB is unable to inspect or investigate completely registered public accounting firms headquartered
in: (1) mainland China of the People’s Republic of China because of a position taken by one or more authorities in mainland China;
and (2) Hong Kong, a Special Administrative Region and dependency of the PRC, because of a position taken by one or more authorities in
Hong Kong. Our auditor, Audit Alliance LLP (“Audit Alliance”), the independent registered public accounting firm that issues
the audit report included in this prospectus, as an auditor of companies that are traded publicly in the United States and a firm registered
with the PCAOB, is subject to the PCAOB’s regular inspections to assess Audit Alliance’s compliance with applicable professional
standards. Audit Alliance is headquartered in Singapore and is not subject to the determinations announced by the PCAOB on December 16,
2021. However, recent developments with respect to audits of China-based companies create uncertainty about the ability of our PRC subsidiaries
to fully cooperate with Audit Alliance’s audit without the approval of the Chinese authorities. In the event that it is later determined
that the PCAOB is unable to inspect or investigate completely