Company: SOS
Filing Date: 2025-07-31
Form Type: 424B5
Source: 0001213900-25-069766
Chunk: 66

Company: SOS Ltd
Filing Date: 2025-07-31
Form: 424B5
Chunk 66
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 paid by our subsidiaries
in mainland China, which further depends on payments from the VIEs under the contractual arrangements. To the extent cash or assets in
the business is in mainland China or Hong Kong or an entity domiciled in mainland China or Hong Kong, and may need to be used to fund
operations outside of mainland China or Hong Kong, the funds and assets may not be available to fund operations or for other uses outside
of mainland China or Hong Kong due to interventions in or the imposition of restrictions and limitations by the government on our, our
subsidiaries’ or the VIEs’ ability to transfer cash and assets.

Although we consolidate the results of the VIEs
and their subsidiaries, we only have access to the assets or earnings of the VIEs and their subsidiaries through the contractual arrangements.
If the PRC authorities determine that the contractual arrangements constituting part of the VIE structure do not comply with PRC regulations,
or if current regulations change or are interpreted differently in the future, our ability to settle amount owed by the VIEs under the
contractual arrangements may be seriously hindered. In addition, if our existing subsidiaries in China or any newly formed ones incur
debt on their own behalf in the future, the instruments governing their debt may restrict their ability to pay dividends to us.

Our WFOEs are permitted to pay dividends to us
only out of its retained earnings, if any, as determined in accordance with PRC accounting standards and regulations. Under PRC laws,
each of our subsidiary, the VIEs and their subsidiaries in mainland China is required to set aside at least 10% of its after-tax profits
each year, if any, to fund certain statutory reserve funds until such reserve funds reach 50% of its registered capital. In addition,
after making an allocation to the statutory reserve funds from their after-tax profits, our wholly owned subsidiary in mainland China,
the VIEs and their subsidiaries may allocate a portion of their after-tax profits based on PRC accounting standards to a discretionary
surplus fund at their discretion. The statutory reserve funds and the discretionary funds are not distributable as cash dividends.

There are limitations on our ability to transfer cash between us, our
subsidiaries and the VIEs, and there is no assurance that the PRC government will not intervene or impose restrictions on cash transfer
between us, our subsidiaries and the VIEs. We may encounter difficulties in our ability to transfer cash between subsidiaries in mainland
China and other