SOS Limited (SOS) Prices $125M Registered Direct Offering
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SOS Ltd. Announces Pricing of $125.0 Million Registered Direct Offering
March 30, 2021 9:00 AM UTCQINGDAO, China, March 30, 2021 /PRNewswire/ -- SOS Limited (NYSE: SOS) (the "Company" or "SOS"), an emerging blockchain-based and big data-driven marketing solution provider, announced today that it has entered into a securities purchase agreement with certain accredited investors to purchase $125,000,000 worth of its American Depositary Shares ("ADS") and warrants in a registered direct offering.
Under the terms of the securities purchase agreement, the Company has agreed to sell 25,000,000 ADSs and warrants to purchase 25,000,000 ADS. The warrants will be exercisable immediately upon the date of issuance and have an exercise... More
