Company: SOS
Filing Date: 2025-07-31
Form Type: 424B5
Source: 0001213900-25-069766
Chunk: 60

Company: SOS Ltd
Filing Date: 2025-07-31
Form: 424B5
Chunk 60
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 required to obtain certain permits each time before we and the VIEs hold an offline event, including a security
permit to organize large-scale mass activities and a permit for temporary occupation of urban roads, depending on the estimated number
of participants and the need to temporarily occupy public roads. See “Item 4. Information on the Company — B. Business Overview
— Regulation — Regulations Relating to Security Administration of Large-scale Mass Activities and Temporary Urban Road Occupation”
in the 2023 Form 20-F. Although we and the VIEs have endeavored and will continue to endeavor to obtain all necessary permits according
to our and the VIEs’ estimate of the condition of each specific event, we cannot assure you that we and the VIEs have been or will
continue to be in full compliance with the licensing requirements for all the offline events we and the VIEs have held or will hold because
the regulatory practices with respect to an offline event vary among different regions and the local authorities retain broad discretion
in enforcing the licensing requirements. In addition, the licensing requirements in China are constantly evolving, and we and the VIEs
may be subject to more stringent regulatory requirements due to political or economic changes in the future. We cannot assure you that
we and the VIEs will be able to satisfy such regulatory requirements and as a result we and the VIEs may be unable to obtain the necessary
permits for each of our offline events in a timely manner in the future. If relevant PRC government authorities determine that we and
the VIEs are operating offline events without proper licenses or permits or impose additional restrictions on the operation of any of
the offline events, we and the VIEs might be subject to administrative penalties, such as fines, confiscation of income, additional restrictions
and forced discontinuation of the offline events, which may materially and adversely affect our and the VIEs’ business, results
of operations, and financial condition. As of the date of this prospectus, we and the VIEs have obtained requisite licenses in full compliance
with applicable laws and regulations for offline events held, and we and the VIEs have not received any inquiry or investigation from
any PRC government authority regarding non-compliance of the offline events.

Relevant government authorities may suspend our and the VIEs’ offline events due to various reasons beyond our and the VIEs’ control.

Even if we and the VIEs have obtained all
prerequisite permits, government authorities