Company: SOS
Filing Date: 2025-07-02
Form Type: S-8
Source: 0001213900-25-061032
Chunk: 18

Company: SOS Ltd
Filing Date: 2025-07-02
Form: S-8
Chunk 18
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 Selling Shareholders’ resale. However, if we do not receive or maintain the permissions
and approvals or complete the filing procedure in a timely manner under PRC laws and regulations, or we inadvertently conclude that such
permissions, approvals or filings are not required, or applicable laws, regulations, or interpretations change such that we are required
to obtain permission and approval in the future, we may be subject to investigations by competent regulators, fines or penalties, ordered
to suspend our relevant operations and rectify any non-compliance, prohibited from engaging in relevant business or conducting any offering,
and these risks could result in a material adverse change in our operations, limit our ability to offer or continue to offer securities
to investors, or cause such securities to significantly decline in value or become worthless. For more detailed information, see “Risk
Factors—Risks Related to Doing Business in China—We may be required to obtain additional licenses in relation our ongoing
business operations and may be subject to penalties for failing to obtain certain licenses with respect to our past operations,”
“Risk Factors—Risks Related to Doing Business in China—The PRC operating entity must conduct its business activities
substantially subject to PRC laws, regulations and administration. If the Chinese government significantly regulates our operating entity’s
business operations in the future and it is not able to substantially comply with such regulations, our operating entity’s business
operations may be materially adversely affected, and the value of our Class A ordinary shares may significantly decrease,” and “Risk
Factors—Risks Related to Doing Business in China—The reinforcement by China regulatory authority on 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.”

Cash and Asset Flows through Our Organization

SOS Limited is a holding company with no operations
of its own. We conduct our operations in China primarily through our PRC subsidiaries. As a result, although other means are available
for us to obtain financing at the holding company level, SOS Limited’s ability to pay dividends to the shareholders and to service
any debt it may incur may depend upon dividends paid by our PRC subsidiaries. If any of our subsidiaries incurs debt on its own behalf
in the future, the instruments governing such debt may restrict its ability to pay dividends to SOS Limited. Under PRC laws and regulations,
our PRC subsidiaries are subject to certain restrictions with