Company: SOS
Filing Date: 2025-07-31
Form Type: 424B5
Source: 0001213900-25-069766
Chunk: 20

Company: SOS Ltd
Filing Date: 2025-07-31
Form: 424B5
Chunk 20
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 decides to pay dividends,
the form, frequency and amount will depend upon our future operations and earnings, capital requirements and surplus, general financial
condition, contractual restrictions and other factors that the board of directors may deem relevant.

We have never declared or
paid cash dividends on our shares. We do not have any present plan to pay any cash dividends on our ordinary shares in the foreseeable
future. We currently intend to retain most, if not all, of our available funds and any future earnings to operate and grow our business.

We are a holding company registered
in the Cayman Islands. We may rely on dividends from our subsidiaries in China for our cash requirements, including any payment of dividends
to our shareholders. PRC regulations may restrict the ability of our PRC subsidiaries to pay dividends to us. Any limitation on the ability
of our PRC subsidiaries to pay dividends or other distributions to us and repay their debts to creditors could limit our ability to distribute
profits to our shareholders and fulfill our repayment obligations and the PRC tax authorities’ heightened scrutiny over acquisition
transactions may have a negative impact on our business operations or our acquisitions or the value of your investment in us.

If we pay any dividends, we
will pay such dividends on the shares represented by ADSs to the depositary, and the depositary will pay such dividends to our ADS holders
to the same extent as holders of our ordinary shares, subject to the terms of the deposit agreement, including the fees and expenses payable
thereunder. Cash dividends on our ordinary shares, if any, will be paid in U.S. dollars.

<div align='center'>DILUTION</div>

If you invest in our ADSs,
your interest will be diluted immediately to the extent of the difference between the public offering price per ADS and the net tangible
book value per ADS of our ADSs after this offering.”

Our net tangible book value
on December 31, 2024 was approximately $444,7 million or $136.9 per ADS. “Net tangible book value” is total assets minus the
sum of liabilities and intangible assets. “Net tangible book value per share” is net tangible book value divided by the total
number of shares outstanding.

<div align='center'>S-9</div>

After giving effect to the
sale of our ADSs of approximately $7.5 million in this offering at an offering price of $3.50 per ADS, and after deducting the placement
agent fees and estimated offering expenses payable by us in connection with