SOS : Closing of Private Placement - Form 6-K

Closing of Private Placement

As disclosed on SOS Limited's (the "Company") Report on Form 6-K filed with the Securities and Exchange Commission on October 2, 2023, the Company entered into certain securities purchase agreement (the "SPA") on October 2, 2023 with certain "non-U.S. Persons" (the "Purchasers") as defined in Regulation S of the Securities Act of 1933, as amended, pursuant to which the Company agreed to sell an aggregate of 39,171,620 units (the "Units"), each Unit consisting of one Class A Ordinary Share of the Company, par value $0.005 per share ("Share") and a warrant to purchase one Share ("Warrant") with an initial exercise price of $0.57069 per Share, or approximately $5.71 per American depositary share of the Company ("ADS"), at a price of 0.45655 per Unit, or approximately $4.57 per ADS, for an aggregate purchase price of approximately $17.88 million (the "Offering"), subject to various conditions to closing.

On October 17, 2023, the transaction contemplated by the SPA consummated when all the closing conditions of the SPA have been satisfied and the Company issued the Units to the Purchasers pursuant to the SPA.