Company: SOS
Filing Date: 2025-07-31
Form Type: 424B5
Source: 0001213900-25-069766
Chunk: 42

Company: SOS Ltd
Filing Date: 2025-07-31
Form: 424B5
Chunk 42
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 which controls SOS Information as a variable interest entity. The transaction was finalized on
May 15, 2020, making us the sole owner of YBT and, by extension, its variable interest entity, SOS Information Technology Co., Ltd (“SOS
Information”). This acquisition marked the beginning of our data mining and targeted marketing services business through SOS Information.
On July 20, 2020, we changed our name to SOS Limited.

On August 3, 2020, we
signed a share purchase agreement (the “Disposition SPA”) with Hantu (Hangzhou) Asset Management Co., Ltd. (the “Purchaser”).
As per the Disposition SPA, the Purchaser agreed to purchase CRF China Holding Co. Limited, China Capital Financial LLC, CRF China Limited,
CRF Technology LLC, and HML China LLC (collectively, the “XRF Subsidiaries”) for a cash consideration of $3.5 million. The
transaction was closed on August 6, 2020, making the Purchaser the sole shareholder of the XRF Subsidiaries and assuming all assets and
liabilities of all the subsidiaries and variable interest entities owned or controlled by the XRF Subsidiaries. As a result of this transaction,
we ceased our legacy peer-to-peer lending business and shifted our focus to becoming a leading high-technology services business, offering
services including marketing data, technology, and solutions for insurance companies and emergency rescue services in China. We also changed
our trading symbol to “SOS.”

On May 14, 2020, Qingdao
SOS Investment Management Co., Ltd. (“Qingdao SOS Investment”), Qingdao SOS Industrial Holding Co., Ltd. (“Qingdao SOS
Industrial”), and Messrs. Yilin Wang, Weidong Feng, and Xianlong Wu, citizens of China and shareholders of Qingdao SOS Industrial,
entered into a series of contractual arrangements, including Technical Consulting and Service Agreement, Equity Interest Purchase Option
Agreement, Equity Pledge Agreement and Voting Rights Proxy and Financial Support Agreement, collectively, the “Qingdao SOS Investment
VIE Agreements,” pursuant to which Qingdao SOS Investment has contractual rights to exercise control over the Qingdao SOS Industrial.

On November 2, 2022,
pursuant to the terms of the Qingdao SOS Investment VIE Agreements, Qingdao SOS Investment, Qingdao SOS Industrial, and shareholders of
Qingdao SOS Industrial unanimously agreed to terminate