SOS Limited reported unaudited revenue of $48.825 million for the six months ended June 30, 2026, compared with $89.595 million for the six months ended June 30, 2025. Gross loss was $3.673 million, versus $1.309 million, and net loss attributable to SOS Limited was $34.520 million, versus $14.216 million. Operating expenses included $27.376 million of fair-value losses on digital assets.
Operating activities generated $223.724 million of cash, compared with $240.366 million used in the prior-year period. Cash and cash equivalents were $231.895 million as of June 30, 2026, compared with $3.232 million as of December 31, 2025. Net other receivables were $85.907 million as of June 30, 2026, down from $310.393 million as of December 31, 2025; SOS said it received refunds on approximately US$228 million in prepayments to seven service providers after terminating system-development arrangements the providers could not complete. SOS held 802.77 BTC and 2,949.79 ETH, valued at approximately $47.1 million and $4.6 million, respectively, and did not run its mining rigs during the period.
SOS Limited completed the closing of the private placement contemplated by its September 24, 2026 securities purchase agreement with certain “non-U.S. Persons.” The transaction closed on September 28, 2026, after all closing conditions were satisfied.
SOS Limited agreed to sell 40,000,000 Class A Ordinary Shares at $0.30 per share in a private placement to non-U.S. purchasers, for an aggregate purchase price of approximately $12 million.
The agreement describes the sale as relying on exemptions from Securities Act registration and says the shares are not registered for resale. It sets out limits on transfers and permits pledging the shares as collateral in a bona fide margin account or other lending arrangement. The agreement also lists delivery of a Warrant to each purchaser immediately after closing among conditions to the purchasers’ purchase obligations.
Closing is subject to conditions including NYSE approval of the supplemental listing application for the shares and the accuracy of the parties’ representations and warranties; it is to take place electronically when all closing conditions are satisfied or waived. SOS says net proceeds will be used for further development and construction of its data center business, working capital and general corporate purposes.
SOS Limited issued a statement responding to unusual trading activity in its securities on September 23, 2026. After inquiries of management, the company said it was not aware of undisclosed information or business developments it believes would account for the activity. SOS said it could not determine the reasons for the trading and would continue disclosing material developments in accordance with applicable requirements.
SOS Ltd (SOS) completed the private placement under a securities purchase agreement with certain non-U.S. persons on September 22, 2026, after all closing conditions were satisfied. The agreement was dated September 15, 2026.
SOS Ltd (SOS) reports two related disclosure matters. The company corrects an earlier notice about a securities purchase agreement, clarifying that the SPA to sell 19,000,000 Class A ordinary shares at $0.18 per share, for about $3.42 million, was entered into on September 15, 2026, not September 18, 2026.
SOS also discloses that NYSE Regulation, on behalf of the New York Stock Exchange, issued a Public Reprimand Letter on September 21, 2026 under Section 303A.13 of the NYSE Listed Company Manual. NYSE Regulation determined that SOS failed to immediately disclose the SPA in line with Section 202.05 and that the September 18 Form 6-K misstated the SPA date, which NYSE viewed as not carefully adhering to the facts under Section 202.06. The company acknowledges these issues and states it is enhancing procedures for timely and accurate disclosure of material information.
SOS Ltd (SOS) has entered into a securities purchase agreement for a private placement of 19,000,000 Class A Ordinary Shares at $0.18 per share, for an aggregate purchase price of $3.42 million, sold to investors who are “non-U.S. Persons” under Regulation S.
The company states that net proceeds will be used for the further development and construction of its data center business, as well as working capital and general corporate purposes. Closing is subject to conditions including New York Stock Exchange approval of a supplemental listing application for the new shares and the accuracy of the parties’ representations and warranties.
Under the purchase agreement, SOS represents that it is current in its SEC reporting, has experienced no Material Adverse Effect since December 31, 2025, and that the offering qualifies as an unregistered private placement under Section 4(a)(2) and/or Regulation S. As of the agreement date, SOS reports 13,469,901 Class A and 5,885,650 Class B Ordinary Shares issued and outstanding, so this transaction would materially increase the Class A share count if it closes.
SOS Ltd has filed an amended notice of proposed sale of its common stock. The filing lists up to 48,000 shares of SOS Ltd common stock to be sold through a broker on the NYSE, with Schwab identified in the broker information. The securities to be sold are tied to a prior grant from the issuer on 12/23/2025, when 55,212 shares were granted.
SOS Limited reported the results of its July 27, 2026 extraordinary general meeting, where holders of 14,184,663 shares, representing 74.77% of the 18,170,320 shares outstanding, were present in person or by proxy.
Shareholders approved a Share Capital Reduction and Reorganization, cutting the par value of each Class A and Class B Ordinary Share from US$0.75 to US$0.0000001 and transferring the resulting credit to a distributable reserve account. They adopted updated memorandum and articles of association to reflect these changes, then approved an increase in authorised share capital from US$7.00 to US$700.00, creating a total of 6,000,000,000 Class A and 1,000,000,000 Class B shares at the new par value. Shareholders also authorised the board, within two calendar years, to implement a share consolidation at its discretion and to make further constitutional amendments related to any consolidation. In addition, they approved a 2026 equity incentive plan reserving up to 1,985,000 Class A shares and authorised potential adjournment of the meeting. The Share Capital Reduction and Reorganization Proposal received 58,497,496 votes for, 90,362 against and 2,247 abstentions.
SOS Limited is convening a 2026 Extraordinary General Meeting on July 27, 2026 to vote on eight proposals that would significantly reshape its capital structure and governing documents. The key item is a Share Capital Reduction and Reorganization under a new Cayman solvency-based regime, after which the Board states the company will be able to pay its debts as they fall due.
Subject to that step, shareholders are asked to approve a Share Capital Increase, raising authorized share capital from US$7.00 divided into 60,000,000 Class A and 10,000,000 Class B Ordinary Shares of par value US$0.0000001 each to US$700.00 divided into 6,000,000,000 Class A and 1,000,000,000 Class B Ordinary Shares, by creating 5,940,000,000 additional Class A and 990,000,000 additional Class B shares. Related proposals adopt successive amended memoranda and articles to reflect these changes.
A separate proposal would authorize the Board, within two years, to implement a Share Consolidation (reverse split) at a ratio between 1-for-2 and 1-for-20, with no fractional shares issued. Another seeks approval of a 2026 Equity Incentive Plan reserving up to 1,985,000 Class A Ordinary Shares. An adjournment proposal would allow the meeting to be postponed to gather additional proxies. As of July 13, 2026, 13,235,873 Class A Ordinary Shares (one vote each) and 4,934,447 Class B Ordinary Shares (ten votes each) were outstanding, and the Board unanimously recommends voting “FOR” all proposals.