Company: SOS
Filing Date: 2025-07-31
Form Type: 424B5
Source: 0001213900-25-069766
Chunk: 1

Company: SOS Ltd
Filing Date: 2025-07-31
Form: 424B5
Chunk 1
---

$6.00 per ADS.

We have retained Maxim Group
LLC to act as our exclusive placement agent in connection with this offering. The placement agent is not purchasing or selling any of
the securities offered pursuant to this prospectus supplement and the accompanying prospectus. See “Plan of Distribution”
beginning on page S-12 of this prospectus supplement for more information regarding these arrangements.

We
are a Cayman Islands holding company conducting our operations through our subsidiaries in China and U.S. Our ADSs are ADSs of SOS, the
offshore holding company in the Cayman Islands, instead of shares of our subsidiaries. Investors may never directly hold equity interests
in our subsidiaries.

As
we conduct part of our operations through our subsidiaries in China, we face various legal and operational risks and uncertainties related
to doing business in China that could result in a material change in our operations and/or the value of our securities. We are subject
to complex and evolving PRC laws and regulations. The PRC government has recently issued statements and conducted regulatory actions relating
to areas such as approvals, filings or other administrative requirements on offshore offerings, anti-monopoly regulatory actions, and
oversight on cybersecurity and data privacy. The PRC government’s significant authority in regulating our operations in China and
its oversight and control over offerings conducted overseas by, and foreign investment in, China-based issuers could significantly limit
our and our PRC subsidiaries’ ability to conduct business and/or significantly limit or completely hinder our ability to offer or
continue to offer securities to investors, accept foreign investments or list on a United States or other foreign exchange, or cause the
value of our securities to significantly decline or be worthless. For more details, see “Item 3. Key Information—D. Risk Factors—Risks
Related to Doing Business in China.” in our 2024 Annual Report on Form 20-F (the “2024 Annual Report”).

For
example, the recently promulgated Data Security Law and the Personal Information Protection Law in 2021 posed additional challenges to
our cybersecurity and data privacy compliance. The new Cybersecurity Review Measures issued by the Cyberspace Administration of China,
or the CAC and several other PRC governmental authorities in December 2021, as well as the Regulations on the Network Data Security (Draft
for Comments), or the Draft Regulations, published by the CAC for public comments in November 2021, imposed potential additional restrictions
on China-based overseas-listed companies like us.