Company: SOS
Filing Date: 2025-03-14
Form Type: F-3
Source: 0001213900-25-024134
Chunk: 26

Company: SOS Ltd
Filing Date: 2025-03-14
Form: F-3
Chunk 26
---
 subsidiaries. To the extent cash in our business is in China or in an entity in mainland China,
the funds may not be available to fund operations or for other use outside of mainland China due to interventions in or the imposition
of restrictions and limitations by the PRC government on our ability to transfer cash. As a result, our ability to grow, make investments
or acquisitions that could be beneficial to our business, pay dividends, or otherwise fund and conduct our business may be materially
and adversely affected.

<div align='center'>10</div>

On November 2, 2022,
the Company entered into the Disposition SPA with S International Holdings Limited, the “Purchaser, and S International Group Limited,
a British Virgin Islands company, and the Company’s wholly owned subsidiary prior to the Disposition. Upon the closing of the transaction,
the Company’s VIE structure has been disposed. As the VIE structure has been unwound, the financial results of the former VIE and
its subsidiaries are no longer consolidated into the Company’s financial statements after the Closing Date. As of the date of this
prospectus, our current corporate structure does not contain any VIE in mainland China and neither we nor our subsidiaries have intentions
of establishing any VIEs in mainland China in the future. None of the Company’s subsidiaries operate through VIE contracts, as of the
date of this prospectus.

For the fiscal year ended December 31,
2023, SOS Limited transferred nil to its subsidiaries inside China and transferred $16,379,378 to its subsidiaries outside China. $2,460,000
was transferred from the subsidiary named Future Digital Trade Limited of SOS Limited to SOS Limited. For the six months ended June 30,
2024, SOS Limited transferred $22,801,192 to its subsidiaries outside China named SOS Information Technology New York Inc. Since July
1, 2024 and until the date of this prospectus, SOS Limited has transferred, as intercompany borrowing, an aggregate of nil to its subsidiaries
outside China, and SOS Information Technology New York Inc. transferred $811,448 to SOS Limited. Other than the transfers mentioned above,
as of the date of this prospectus, SOS Limited has not made any other transfers, dividends or distributions between the holding company,
any of its subsidiaries or to investors.

We are subject to restrictions on foreign exchange
and our ability to transfer cash between entities, across borders, and to U.S. investors. We are also subject to restrictions and limitations