China Rapid Finance

SOS Ltd. is a holding company, which provides marketing data, technology and solutions to the emergency rescue services in China. It focuses on the research and development of big data, cloud computing, Internet of Things, block chain and artificial intelligence. The firm created a SOS cloud emergency rescue service software as a service (SaaS) platform with three major product categories, including basic cloud (medical rescue card, car rescue card, financial rescue card, mutual assistance rescue card), cooperative cloud (information rescue center, intelligent big data, intelligent software and hardware), and information cloud. The company was founded by Zheng Yu Wang and Andrew Mason in 2001 and is headquartered in Qingdao, China.

SOS Ltd. is a holding company, which provides marketing data, technology and solutions to the emergency rescue services. It operates through the following segments: Commodity Trading, Cryptocurrency Mining, and Other. The company was founded by Zheng Yu Wang and Andrew Mason in 2001 and is headquartered in Qingdao, China.

QINGDAO, China, Nov. 04, 2024 (GLOBE NEWSWIRE) -- SOS Limited ("SOS" or the "Company") (NYSE: SOS) today announced that it plans to change the ratio of its American depositary shares ("ADSs") from one (1) ADS representing ten (10) Class A ordinary shares to one (1) ADS representing one hundred and fifty (150) Class A ordinary shares (the “ADS Ratio Change”). The Company anticipates that the ADS Ratio Change will be effective on or about November 19, 2024 (the “Effective Date”).

SOS Limited Announces Planned ADS Ratio Change

LONDON--(BUSINESS WIRE)-- #businesstravel--As World Heart Day approaches, International SOS urges organisations to implement measures to protect their workforce from cardiovascular disease.

World Heart Day, 29 September 2024: Cardiovascular Health Risks: International SOS Shares Proactive Measures for Workplace Wellness

NEW YORK , Sept. 24, 2024 /PRNewswire/ -- SOS Limited ("SOS" or the "Company") (NYSE: SOS) today reported its semi-annual financial results for the six-months ended June 30, 2024.

SOS Limited Reports 2024 semi-annual financial results

Qingdao, China, Aug. 21, 2024 (GLOBE NEWSWIRE) -- SOS Limited (NYSE: SOS) (the "Company" or "SOS"), a multifaceted company that engages in the blockchain and cryptocurrency operations and commodity trading, today announced the Company has received a letter from the New York Stock Exchange (the "NYSE") dated June 27, 2024, notifying SOS that it is below compliance standards due to the trading price of SOS's American depositary shares (the "ADSs").

SOS Ltd. Announces Receipt of NYSE Non-compliance Letter Regarding ADS Trading Price

Operating loss of $4.8 million compared to $215 million in 2022 Revenues declined from $260.0 million to $92.4 million driven by a decline in commodity revenues due to slowdown in China economic activity. Crypto-Mining revenue up over 50X Cash and cash equivalents of approximately $280 million NEW YORK , May 15, 2024 /PRNewswire/ -- SOS Limited ("SOS" or the "Company") (NYSE: SOS) today reported its full year financial results for the twelve-months ended December 31, 2023.

SOS Limited Reports 2023 Financial Results

LONDON--(BUSINESS WIRE)-- #businesstravel--International SOS global assistance data reports a 15% increase in malaria-related assistance requests in 2023 compared to 2022.

Rising Malaria Threat: International SOS Shares Advice on How to Keep Your Workforce Healthy

LONDON--(BUSINESS WIRE)-- #businesstravel--In the lead-up to World Tuberculosis (TB) Day, International SOS highlights the importance of safeguarding employees from TB.

Combatting Tuberculosis in the Workplace: International SOS Shares Key Actions for Businesses

NEW YORK, March 13, 2024 /PRNewswire/ -- SOS Limited (NYSE: SOS) (the "Company" or "SOS"), a multifaceted company that engages in the blockchain and cryptocurrency operations and commodity trading, announced today that it has entered into a securities purchase agreement with certain accredited investors to purchase approximately $7.85 million worth of its American Depositary Shares ("ADS") and warrants in a public offering. Under the terms of the securities purchase agreement, the Company has agreed to sell 5,233,332 ADSs and warrants to purchase 10,466,664 ADSs.

SOS Ltd. Announces Pricing of $7.85 Million Public Offering

NEW YORK , March 8, 2024 /PRNewswire/ -- SOS Limited ("SOS" or the "Company") (NYSE: SOS ) provides update of its two Super-Computing centers in the U.S.  SOS Ltd is providing an interim operating snapshot of it's North American Super-Computing Centers. Between January 2023 and February 29, 2024 SOS has mined a total of 29.434 BTC.

SOS Ltd Provides Operating Update of its Super-Computing Centers in the U.S.

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QINGDAO, China , Jan. 16, 2024 /PRNewswire/ -- SOS (NYSE: SOS) (the "Company" or "SOS") announced the launch of an additional 1,500 super-computing mining rigs in its Fort Stockton Texas Super-Computing Center. SOS entered into a hosting contract with Grand Flourish Inc, a company in California, on December 8, 2023 for hosting the 1,500 super-computing servers.

SOS Ltd. Announces Launch of Additional 1,500 mining rigs at its Super-Computing Center in Texas

LONDON--(BUSINESS WIRE)-- #businesstravel--In light of Blue Monday, International SOS shares expert advice on addressing burnout and crisis fatigue in the workplace.

Beyond Blue Monday: International SOS Shares Advice on Addressing Burnout and Crisis Fatigue in The Workplace

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Revenues decline due to legacy business disposal and economic slow down GAAP net loss narrows to $11.0 million, compared to a net loss of $14.3 million in the first half of 2022 U.S. Hosting Service Growth underway Cash balance slightly increased from $247.4 million to $249.9 million NEW YORK , Sept. 28, 2023 /PRNewswire/ -- SOS Limited ("SOS" or the "Company") (NYSE: SOS) today reports its 2023 Interim financial results from operations.

SOS Limited Reports 2023 Interim Financial Results

NEW YORK , Aug. 24, 2023 /PRNewswire/ -- SOS Limited ("SOS" or the "Company") (NYSE: SOS) has launched over 5,000 of its own mining rigs in its Texas, Hosting Center to date. Separately, SOS announced it has entered into a Hosting Agreement with BITMAIN for a term ending August 20, 2025.

SOS Limited Expands Its Texas Mining and Hosting Centre andSigns Major Hosting Agreement with BITMAIN

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NEW YORK , May 18, 2023 /PRNewswire/ -- SOS Limited ("SOS" or the "Company") (NYSE: SOS) today reported its full year financial results for the twelve-months ended December 31, 2022 and the filing of its annual report on Form 20-F with the Securities and Exchange Commission ("SEC"). The annual report can be accessed on the SEC's website http://www.sec.gov as well as on the Company's investor relations website at https://service.sosyun.com/sos_en/investorRoom.html The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request.

SOS Limited Reports Financial Results for the Fiscal Year Ended December 31, 2022

NEW YORK , March 21, 2023 /PRNewswire/ -- SOS Limited (NYSE: SOS) ("Company" or "SOS") today announced launch of its Super-Computing and Hosting Center in Fort Stockton, Texas. For Phase 1, the site currently has 10MW in place and hosts about 1400 servers in 10 mobile data containers.

SOS Ltd. Announces Launch of its Super-Computing and Hosting Center in Texas

Cryptocurrency mining and hosting services being rolled out in the  U.S. Revenue declines due to global economy slow down Cash balance increased  from $185.5 million to $247.4 million NEW YORK , Sept. 28, 2022 /PRNewswire/ -- SOS Limited ("SOS" or the "Company") (NYSE: SOS) today repot 2022 Interim financial results from operation Interim financial results from operation Six months ended June 30, 2022 compared to June 30, 2021 Revenue Net revenue was $132.7 million, down 28.1% period-on-period.

SOS Limited Reports 2022 Interim Financial Results

SOS Ltd - ADR (NYSE: SOS) shares are trading lower by 6.50% to $5.32 during Tuesday's trading session. Shares of several Chinese companies at large are trading lower amid continued COVID-19 lockdowns in China.

(SOS) – Why SOS Limited Is Falling

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This article is excerpted from Tom Yeung's Profit & Protection newsletter dated July 28, 2022. To make sure you don't miss any of Tom's picks, subscribe to his mailing list here.

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QINGDAO, China, July 22, 2022 (GLOBE NEWSWIRE) -- SOS Limited (NYSE:  SOS ) (the "Company" or "SOS") today announced that it has received a notification letter from the New York Stock Exchange (the "NYSE") dated July 14, 2022, informing the Company that it has regained compliance with the NYSE's continued listing criterion of a minimum share price as set forth in Section 802.01C of the NYSE Listed Company Manual.

News for China Rapid Finance Stock (SOS)