Company: SOS
Filing Date: 2025-08-04
Form Type: 6-K
Source: 0001213900-25-071338
Chunk: 1

Company: SOS Ltd
Filing Date: 2025-08-04
Form: 6-K
Chunk 1
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 the
Purchase Agreement that it would not issue any ADSs, ordinary shares, or ordinary share equivalents for ninety (90) calendar days following
the closing of the Offering subject to certain exceptions.

Concurrently with the execution
of the Purchase Agreement, the officers and directors of the Company and shareholders of the Company holding 5% or more of the Company’s
ADSs or ordinary shares entered into lock-up agreements (the “Lock-Up Agreement”) pursuant to which they have agreed,
among other things, not to sell or dispose of any ADSs which are or will be beneficially owned by them for ninety (90) days following
the closing of the Offering.

The Company currently intends
to use the net proceeds from the Offering for working capital and general corporate purposes. The Offering closed on July 31, 2025.

The Company entered into certain
placement agency agreement dated July 30, 2025 (the “Letter Agreement”), with Maxim Group LLC, as exclusive placement
agent (the “Placement Agent”), pursuant to which the Placement Agent agreed to act as the sole lead/exclusive placement
agent in connection with the Offering. The Company agreed to pay the Placement Agent an aggregate fee equal to 6% of the gross proceeds
raised in the Offering. The Company also agreed to reimburse the Placement Agent $50,000 for the reasonable and accounted fees and expenses
of legal counsel.

Copies of the form of the
Purchase Agreement, form of Lock-Up Agreement, form of the Warrant, and the Letter Agreement are attached hereto as Exhibits 99.1, 99.2,
99.3 and 99.4 respectively, and are incorporated herein by reference. The foregoing summaries of the terms of the Purchase Agreement,
Warrants, Lock-Up Agreement and the Letter Agreement are subject to, and qualified in their entirety by, such documents.

On July 30, 2025, the Company
issued a press release announcing the Offering. A copy of the press release is attached hereto as Exhibit 99.5 and is incorporated herein
by reference. A copy of the legal opinion issued by the Company’s Cayman Islands counsel Maples and Calder (Hong Kong) LLP is attached
hereto as Exhibit 5.1.

Termination of Deposit Agreement, Concurrent Changes to Share Capital and Direct Listing of Ordinary Shares

As
previously disclosed, the Company will terminate the amended and restated Deposit Agreement dated May 4, 2017, as amended, by and among
the Company,