Company: SOS
Filing Date: 2025-07-31
Form Type: 424B5
Source: 0001213900-25-069766
Chunk: 63

Company: SOS Ltd
Filing Date: 2025-07-31
Form: 424B5
Chunk 63
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current corporate structure, corporate governance and business operations.”

If our ownership structure and contractual
arrangements are found to violate any PRC laws or regulations, or if we or the VIEs are found to be required but failed to obtain any
of the permits or approvals for our or the VIEs’ value-added telecommunications business, the relevant PRC regulatory authorities,
including the Ministry of Industry and Information Technology (the “MIIT”), would have broad discretion in imposing fines
or administrative penalties upon us and/or the VIEs for such violations, including:

| ● | revoking the business and operating licenses of ours and/or the VIEs’; |

| ● | discontinuing or restricting any related-party transactions between us and the VIEs; |

| ● | imposing fines and penalties, confiscating the income from us or the VIEs, or imposing additional requirements for our or the VIEs’ operations which we or the VIEs may not be able to comply with; |

| ● | requiring us to restructure our ownership structure or operations, including terminating the contractual arrangements and deregistering the equity pledges of the VIEs, which in turn would affect our ability to consolidate, derive economic interests from, or exercise significant influence over the consolidated affiliated entities; |

| ● | restricting or prohibiting our use of the proceeds of this offering to finance our or the VIEs’ business and operations in mainland China, particularly the expansion of our business through strategic acquisitions; or |

| ● | restricting the use of financing sources by us or the consolidated affiliated entities or otherwise restricting our or their ability to conduct business. |

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As of the date of this prospectus, similar
ownership structure and contractual arrangements have been used by many China-based companies listed overseas, including a number of value-added
telecommunications companies listed in the United States. To our knowledge, none of the fines or punishments listed above has been imposed
on any of these public companies. However, we cannot assure you that such fines or punishments will not be imposed on us, the VIEs or
any other companies in the future. If any of the above fines or punishments is imposed on us or the VIEs, our business, financial condition
and results of operations could be materially and adversely affected. If any of these penalties results in our inability to direct the
activities of the consolidated affiliated entities that most significantly impact their economic performance, and/or our failure to receive
the economic benefits from