Company: SOS
Filing Date: 2025-07-02
Form Type: S-8
Source: 0001213900-25-061032
Chunk: 13

Company: SOS Ltd
Filing Date: 2025-07-02
Form: S-8
Chunk 13
---
 subsidiaries to pay dividends to us could have a material adverse effect on        
 our ability to conduct our business. See more detailed discussion of this risk factor on page 12 of this prospectus.                         |

| ● | We may be required to                                                                                                           
 obtain additional licenses in relation to our ongoing business operations and may be subject to penalties for failing to obtain 
 certain licenses with respect to our past operations. See more detailed discussion of this risk factor on page 12 of this       
 prospectus.                                                                                                                     |

| ● | 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. See more detailed discussion of this risk factor on page 12 of this prospectus. |

The Holding Foreign Companies Accountable Act Pursuant to the Holding Foreign Companies Accountable Act, or the HFCA ACT, if the SEC determines that we have filed audit reports issued by a registered public accounting firm that has not been subject to inspections by the PCAOB for two consecutive years, the SEC will prohibit our shares or ADSs from being traded on a national securities exchange or in the over-the-counter trading market in the United States. On December 16, 2021, the PCAOB issued a report to notify the SEC of its determination that the PCAOB was unable to inspect or investigate completely registered public accounting firms headquartered in mainland China and Hong Kong. On December 15, 2022, the PCAOB issued a report that vacated its December 16, 2021 determination and removed mainland China and Hong Kong from the list of jurisdictions where it is unable to inspect or investigate completely registered public accounting firms. Each year, the PCAOB will determine whether it can inspect and investigate completely audit firms in mainland China and Hong Kong, among other jurisdictions. Our auditor, Audit Alliance, the independent registered public accounting firm that issues the audit report included in this prospectus, as an auditor of companies that are traded publicly in the United States and a firm registered with the PCAOB, is subject to the PCAOB’s regular inspections. Audit Alliance is headquartered in Singapore and is not subject to the determinations announced by the PCAOB on December 16, 2021. However, recent developments with respect to audits of China-based companies create uncertainty about the ability of our PRC subsidiaries to fully cooperate with Audit Alliance’s audit without the approval of the