Company: SOS
Filing Date: 2025-03-14
Form Type: F-3
Source: 0001213900-25-024134
Chunk: 45

Company: SOS Ltd
Filing Date: 2025-03-14
Form: F-3
Chunk 45
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 securities by us under this prospectus or if the CSRC or any other
PRC government authorities promulgates any interpretation or implements rules that would require us to file with or obtain approvals of
the CSRC or other governmental bodies for any such listing status or offering, we may face adverse actions that could have a material
and adverse effect on our business, reputation, financial condition, results of operations, prospects, as well as the trading price of
the ADSs.

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Accordingly, government actions in the future,
including any decision to intervene or influence the operations of our subsidiaries in mainland China or the VIEs at any time, or to exert
control over an offering of securities conducted overseas and/or foreign investment in China-based issuers, may cause us to make material
changes to the operations of our subsidiaries in mainland China or the VIEs, may limit or completely hinder our ability to offer or continue
to offer securities to investors, and/or may cause the value of such securities to significantly decline or be worthless. We or the VIEs
have not received any inquiry, notice, warning, or sanctions regarding our corporate structure, contractual arrangements, the VIEs’
operations and the offering that we may make under this prospectus from the CSRC, CAC or any other PRC government authorities.

The approval of and the filing with the CSRC or other PRC government authorities may be required in connection with an offshore offering under PRC law, and, if required, we cannot predict whether or for how long we will be able to obtain such approval or complete such filing.

The Regulations on Mergers and Acquisitions
of Domestic Companies by Foreign Investors (the “M&A Rules”), adopted by six PRC regulatory agencies in 2006 and amended
in 2009, include, among other things, provisions that purport to require that an offshore special purpose vehicle, formed for the purpose
of an overseas listing of securities through acquisitions of domestic enterprises in mainland China or assets and controlled by enterprises
or individuals in mainland China, to obtain the approval of the CSRC prior to the listing and trading of such special purpose vehicle’s
securities on an overseas stock exchange. On September 21, 2006, pursuant to the M&A Rules and other PRC laws, the CSRC published
on its official website relevant guidance regarding its approval of the listing and trading of special purpose vehicles’ securities
on overseas stock exchanges, including a list of application