Company: SOS
Filing Date: 2025-06-25
Form Type: F-3/A
Source: 0001213900-25-057886
Chunk: 19

Company: SOS Ltd
Filing Date: 2025-06-25
Form: F-3/A
Chunk 19
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 SEC determines that we have filed audit reports issued by a registered public accounting firm that has not
been subject to inspections by the PCAOB for two consecutive years, the SEC will prohibit our shares or ADSs from being traded on a national
securities exchange or in the over-the-counter trading market in the United States. On December 16, 2021, the PCAOB issued a report to
notify the SEC of its determination that the PCAOB was unable to inspect or investigate completely registered public accounting firms
headquartered in mainland China and Hong Kong. On December 15, 2022, the PCAOB issued a report that vacated its December 16, 2021 determination
and removed mainland China and Hong Kong from the list of jurisdictions where it is unable to inspect or investigate completely registered
public accounting firms. Each year, the PCAOB will determine whether it can inspect and investigate completely audit firms in mainland
China and Hong Kong, among other jurisdictions. Our auditor, Audit Alliance, the independent registered public accounting firm that issues
the audit report included in this prospectus, as an auditor of companies that are traded publicly in the United States and a firm registered
with the PCAOB, is subject to the PCAOB’s regular inspections. Audit Alliance is headquartered in Singapore and is not subject to
the determinations announced by the PCAOB on December 16, 2021. However, recent developments with respect to audits of China-based companies
create uncertainty about the ability of our PRC subsidiaries to fully cooperate with Audit Alliance’s audit without the approval
of the Chinese authorities. In the event it is later determined that the PCAOB is unable to inspect or investigate completely our auditor,
then such lack of inspection could cause trading in our securities to be prohibited under the HFCA Act, and ultimately result in a determination
by a securities exchange to delist our securities. See “Risk Factors—Risks Related to Doing Business in China—Although
the audit report included in this prospectus is prepared by an auditor who are currently inspected by the PCAOB, there is no guarantee
that future audit reports will be prepared by auditors inspected by the PCAOB and, as such, in the future investors may be deprived of
the benefits of such inspection. Furthermore, trading in our securities may be prohibited under the HFCA Act if the SEC subsequently determines
our audit work is performed by auditors that the PCAOB is unable to inspect or investigate completely, and as a result, U.S. national
securities exchanges,