Company: SOS
Filing Date: 2025-07-02
Form Type: S-8
Source: 0001213900-25-061032
Chunk: 20

Company: SOS Ltd
Filing Date: 2025-07-02
Form: S-8
Chunk 20
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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
on our ability to distribute earnings from our businesses, including subsidiaries, to our holding company and U.S. investors. Neither
we nor any of our subsidiaries has obtained the approval from either the China Securities Regulatory Commission (the “CSRC”)
or the Cyberspace Administration of China (the “CAC”) for any offering of our ADSs in the United States, and we do not intend
to obtain the approval from either the CSRC or the CAC in connection with any such offering, since we do not believe, based upon advice
of our PRC counsel, Hebei Changjun, that such approval is required for the time being. We cannot assure you, however, that regulators
in China will not take a contrary view or will not subsequently require us to undergo the approval procedures and subject us to penalties
for non-compliance. See “Risk Factors — Risks Related to Doing Business in China — The approval of the CSRC, may be
required in connection with the listing and trading of our securities under PRC rules, regulations, or policies, and, if required, we
cannot predict whether or how soon we will be able to obtain such approval. As a result, both you and us fact uncertainty about future
actions by the PRC government that could significantly affect our business, our listing on NYSE, financial condition and results of operations.”

The following financial
information has been prepared to illustrate the consolidated cash flows for the years ended December 31, 2023 for (i) SOS Limited; (ii)
China SOS Limited;