The company currently employes 83 people in Kingston. Forward-looking statements may be identified by the use of words such as "anticipate," "believe," "expect," "estimate," "plan," "outlook," and "project" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. sos will be implementing their 3rd batch of mining rigs by wednesday of next week. 4.8200-0.1600 (-3.21%) At close: 4:03PM EDT. As of February 26th, there was short interest totalling 9,620,000 shares, a growth of 191.5% from the February 11th total of 3,300,000 shares. Sponsored by. Nasdaq 100. Stationery and Office Supplies Limited (SOS) is seeking to raise $95 million through an initial public offering (IPO) on the Jamaica Stock Exchange. The core infrastructure of SOS' marketing data, technology and solutions to insurance and emergency rescue services is built on big date, blockchain-based technology, cloud computing, AI, satellite, and 5G network, etc. The company estimates that the remaining $12 million will be used to cover the expense of the invitation. SOS Limited (NYSE:SOS) was the recipient of a significant growth in short interest in February. The warrants will be exercisable immediately upon the date of issuance and have an exercise price of $10.00. Recently, SOS started to get ready to roll out its cryptocurrency mining business and plans to develop insurance and security management solutions for digital assets and cryptocurrencies. sos is a live and well. Investors have until June 1, 2021 to apply to the Court to be appointed as lead plaintiff … We will, however, try to publish comments that are representative of all received. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. SOS Limited, through its operating subsidiary, SOS Information Technology Co., Ltd. ("SOS") is a high-technology company providing a wide range of services to its corporate and individual members, including marketing data, technology and solutions for emergency rescue services. Additional information concerning these and other factors that may impact our expectations and projections can be found in our periodic filings with the SEC, including our Annual Report on Form 20-F for the fiscal year ended December 31, 2019. Add to Watchlist. Based on an average daily volume of 26,190,000 shares, the short-interest ratio is currently 0.1 days. In 2010 it expanded to the Fairview Office Complex, Montego Bay, opening a 3,000- square foot facility to serve the western end of the island. The registered direct offering is expected to close on or about February 22, 2021, subject to the satisfaction of customary closing conditions. The Company, through its subsidiaries, is engaged in providing a consumer lending marketplace for lenders and borrowers in China with predictive selection technology … Due to known and unknown risks, our actual results may differ materially from our expectations or projections. If short sale volume … DATA AS OF Mar 25, 2021. Here's what to know, The biggest ‘inflation scare’ in 40 years is coming — what stock-market investors need to know. For more information, please visit: http://www.sosyun.com/. A prospectus supplement related to the offering will be, filed with the SEC and available on the SEC's website at http://www.sec.gov. SOS Limited, a technology company, provides marketing data, technology, and solutions for emergency rescue services to corporate and individual members. Based on an average trading volume of 45,430,000 shares, the short-interest ratio is presently 0.2 days. Copyright © 2021 MarketWatch, Inc. All rights reserved. SOS disclaims any obligation to update the forward-looking statements, whether as a result of new information, future events or otherwise. The Company also operates insurance agency business through its subsidiary. What happened Shares of SOS Limited (NYSE: SOS) soared 28% Wednesday after the Chinese blockchain services company appeared to become the WallStreetBets Reddit Group's latest short-squeeze target. You can also contact MarketWatch Customer Service via our Customer Center. The company, through its IPO, which runs from July 19 to 26, is inviting subscriptions for up to 50,024,100 shares from the general public and reserved share applicants, with 27,524,100 shares available for subscription by the general public at a cost of $2.00 per share and another 22,500,000 reserved shares at a discounted price of $1.20. SOS transforms digital technology into data-driven operations through the research and development of big data, cloud computing, Internet of Things, blockchain and artificial intelligence. The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the District of New Jersey on behalf of those who acquired SOS Limited ("SOS" or the "Company") (NYSE: SOS) securities during the period from July 22, 2020, through February 25, 2021 (the "Class Period"). Analyst Ups Price Target Ahead of the April 14 Coinbase IPO >>> READ MORE. Please do not write in block capitals since this makes your comment hard to read. This time, a merger announcement… March 12, 2021. Add to watchlist. SOS Limited (NYSE:SOS) saw a large growth in short interest during the month of February. Such forward-looking statements include timing of the proposed transaction; the business plans, objectives, expectations and intentions of the parties; SOS's estimated and future results of operations, business strategies, competitive position, industry environment and potential growth opportunities market acceptance of our products; the ultimate impact of the current Coronavirus pandemic, or any other health epidemic, on our business, our research programs, healthcare systems or the global economy as a whole; our intellectual property; our reliance on third party organizations; our anticipated financial and operating results, including anticipated sources of revenues; our assumptions regarding the size of the available market, benefits of our product offering, product pricing, timing of product launches; management's expectation with respect to future acquisitions; statements regarding our goals, intentions, plans and expectations, including the introduction of new products and markets; and our cash needs and financing plans and etc. SOS Limited American Depositary Shares (SOS) Nasdaq Listed. SOS Ltd. ADR. All rights reserved. $6.09. We have 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 (News Today, E-Commerce Today). Certain statements made herein are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Maxim Group LLC is acting as sole placement agent in connection with this offering. this will make sos limited the largest crypto currency miner worldwide. NEW YORK, March 10, 2021 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of SOS Limited ("SOS" or the "Company") (NYSE: SOS). 2021-02-22: EX-99.1: SECURITIES PURCHASE AGREEMENT BY KARENA BENNETTBusiness reporterbennettk@jamaicaobserver.com. Apr 1, 2021 04:06 PM Form 6-K SOS Ltd For: Apr 01 Apr 1, 2021 06:12 AM Form 424B5 SOS Ltd Mar 30, 2021 09:02 AM SOS Limited (SOS) Prices $125M Registered Direct Offering Home / Expert Stock Picks to Buy Now / Hot Stocks / The Distress Signal for SOS Limited … Data is currently not available. SOS / SOS Limited short volume is shown in the following chart. View original content:http://www.prnewswire.com/news-releases/sos-ltd-announces-pricing-of-86-0-million-registered-direct-offering-priced-at-the-market-301230947.html, COMTEX_381300592/2454/2021-02-18T08:45:11. The securities described above are being offered by the Company pursuant to a shelf registration statement on Form F-3, as amended (File No. issued by the company on Febru. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Short Volume is a data set that can be used to understand investor sentiment. This system provide marketing-related data, technology solutions, and technology-driven big data to clients such as insurance companies, financial institutions, medical institutions, healthcare providers, auto manufacturers, security providers, senior living assistance providers and other service providers in the emergency rescue services industry. SOS Limited American Depositary Shares (SOS) Pre-Market Stock Quotes - Nasdaq offers pre-market quotes and pre-market activity data for US and global markets. … SOS Ltd. is a holding company, which provides marketing data, technology and solutions to the emergency rescue services in China. The MarketWatch News Department was not involved in the creation of this content. SOS is a technology company that purportedly provides marketing data, technology, and solutions for emergency rescue services. sos limited has been beaten down since the short report by hidenburg. Also please stick to the topic under discussion. Some comments may be republished on the website or in the newspaper; email addresses will not be published. Seq Description Document Type Size; 1: REPORT OF FOREIGN PRIVATE ISSUER: ea0124355-6k_soslimited.htm: 6-K: 25400 : 2: UNOFFICIAL TRANSLATION OF INVESTMENT … We ask that comments are civil and free of libellous or hateful material. Cryptocurrencies; Popular; SPAC; Stocks; GWAC and Cipher Mining Merger: Bitcoin Has Gone Mainstream . But bulls who see an opportunity should listen to the company itself. According to the company profile: SOS is a high-tech company with AI block chain as the core technology, headquartered in Qingdao. The stationery supplies company opened its doors back in 1965 under the guidance of Richard Hing, George Hew, and David McDaniel. Another day, another significant event in the crypto space. SOS is a China-based reverse merger which has languished since its April 2017 IPO until its torrent of crypto-related hype has taken shares up over 600% at their peak. When an investor makes a short sale, they do so with the belief that a security will decline in price. Over the last six years, SOS has expanded from its core business of office supplies and stationery items to include modular office furniture, partitions, metal products, chairs, cabinets, and shelving. SOS Limited: Founded: 2004: IPO Date: Apr 28, 2017: Industry: All Other Nondepository Credit Intermediation : Sector: Finance and Insurance The company provides customers with rescue, big data, trade, digital asset management and other information technology services through AI block technology + satellite communication. Deliveroo IPO stock flop raises questions for Goldman and JP Morgan. SOS seeks $95m via IPO. A pair of disputed short seller reports sent SOS stock tumbling. SOS is an emerging blockchain-based and big data-driven marketing and solution provider, with a nationwide membership base of approximately 20 million in China. SOS Limited (NYSE:SOS) trade information. Copies of the prospectus supplement relating to the offering may be obtained, when available, by contacting: Maxim Group LLC, 405 Lexington Avenue, 2nd Floor, New York, NY 10174, by telephone: at (212) 895-3500. Please don't use the comments to advertise. The Company intends to use the proceeds from the offering to develop its recently launched cloud cryptocurrency mining and cryptocurrency security and insurance business as well as for working capital and general corporate use. this short selling company never gave physical evidence and choose to go a speculative route in their quick report. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements. SOS may not realize its expectations, and its beliefs may not prove correct. SOS has retained the services of JN Fund Managers. QINGDAO, China, Feb. 18, 2021 /PRNewswire via COMTEX/ -- The company currently carries leading international brands in office furniture — Fursys and Boss — for which they are the sole local distributors. SOS Limited (NYSE:SOS) is arguably one of the most interesting trading stocks on the market today. QINGDAO, China, Feb. 18, 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 $86,000,000 worth of its American Depositary Shares ("ADS") and warrants in a registered direct offering priced at-the-market under the NYSE rules. Eye watering first day share price fall prompts questions of the investment banks that worked on the deal. SOS, which currently operates out of a 35,000-square foot warehouse, office and showroom at 21-25 Beechwood Avenue in Kingston, is also looking to acquire a property adjoining its location in Kingston at 34 Collins Green Avenue, for additional warehousing space valued at $36 million. The warrants will expire five years from the date of issuance. That location houses 1,200 square feet of office and showroom space and a 1,800-square foot warehousing facility supported by a staff complement of 16. SOS LIMITED SPON ADS (A2P9Z9 | US83587W1062) mit aktuellem Aktienkurs, Charts, News und Analysen. Add to Portfolio. SOS Limited (SOS) NYSE - Nasdaq Real-time price. Contact the source provider Comtex at editorial@comtex.com. SOS's SEC filings are available publicly on the SEC's website at www.sec.gov. http://www.prnewswire.com/news-releases/sos-ltd-announces-pricing-of-86-0-million-registered-direct-offering-priced-at-the-market-301230947.html, Here’s how the European Commission’s first female president was left unseated in Turkey, Why the S&P 500 is now overbought and looks ready to drop in the short term, according to this strategist, Tesla frustrated with German red tape offers reform proposals to authorities: AFP, What's next for oil prices? The purchase price for one ADS and one corresponding warrant will be $10.00. SOS is an emerging blockchain-based and big data-driven marketing and solution provider, with a nationwide membership base of approximately 20 million in China. Currency in USD. “The directors believe that this capital injection into the company will afford it the opportunity to create sufficient working capital to facilitate it increasing the stock levels of its fast-moving items, which will allow it to increase the turnover of its stock and thereby its revenues,” Managing Director David McDaniel stated in the prospectus. Though SOS Ltd may look like a tempting target to play, its broken business could rally if Bitcoin prices go up. UNCH. Upright in the green during last session for gaining 59.19%, in the last five days SOS remained trading in the green while hitting it’s week-highest on Thursday, Feb 11 when the stock touched $7.18-1 price level, adding 11.98% to its value on the day. Sos Ltd, formerly China Rapid Finance Ltd, is a holding company mainly engaged in consumer credit business and emergency rescue services business. Read More About SOS Limited. However, our advertising department can be more than accommodating if emailed: If readers wish to report offensive comments, suggest a correction or share a story then please email. According to the prospectus, the proceeds of the invitation will be used to provide stock and working capital support valuing $16 million, and to liquidate debt obligations of $31 million. First of all, what is SOS Limited? : 333-252279) previously filed with the Securities and Exchange Commission (the "SEC") , and declared effective on February 8, 2021 and an additional registration statement pursuant to Rule 462(b) under the Securities Act of 1933, as amended. At more than 50 years old, SOS will be the oldest company to list on the Junior Market of the Jamaica Stock Exchange and the first of its kind to list on the Junior Market. Copyright (C) 2021 PR Newswire. The gross proceeds to the Company from the registered direct offering are estimated to be $86,000,000 before deducting the placement agent's fees and other estimated offering expenses. Cryptocurrencies; Stocks; Why Riot Blockchain Stock Skyrocketed … SOS Limited (NYSE: SOS) (the "Company" or "SOS") today announced the agreement by several accredited investors to exercise certain warrants to purchase up to an aggregate of 23,880,000 of its American Depositary Shares (?ADSs?) When the Company went public in April 2017, it … 4.9200 +0.10 (2.07%) After hours: 6:58PM EDT. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction. DIRECTOR OFFER LETTER AGREEMENT BY AND BETWEEN LI SING LEUNG AND SOS LIMITED, DA: ea124974ex99-1_sosltd.htm: EX-99.1: 23529: Complete submission text file: 0001213900-20-020174.txt: 37883: Document Format Files. We welcome reader comments on the top stories of the day. If the short sale volume increases as a percentage of the total volume, then that suggests a bearish (negative) sentiment by the market. Shares of SOS Limited (NYSE:SOS) soared 28% Wednesday after the Chinese blockchain services company appeared to become the WallStreetBets Reddit Group's Now you can read the Jamaica Observer ePaper anytime, anywhere. A […] As of February 12th, there was short interest totalling 3,300,000 shares, a growth of 523.6% from the January 28th total of 529,200 shares. SOS is based in China with these ADSs registered in the Cayman Islands. 04/01: SHAREHOLDER ACTION ALERT: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against SOS Limited and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm As a result, caution must be exercised in relying on forward-looking statements. Stationery and Office Supplies Limited (SOS) is seeking to raise $95 million through an initial public offering (IPO) on the Jamaica Stock Exchange. Almost every day, SOS stock makes a big move one way or the other. Is there a problem with this press release? It has been a while since we have seen an interesting IPO, as the public market continues to… March 14, 2021. ROSEN, A TOP RANKED LAW FIRM, Encourages SOS Limited Investors with Large Losses to Secure Counsel Before Important Deadline – SOS WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of SOS Limited (NYSE: SOS) between July 22, 2020 and February 25, 2021, inclusive (the “Class Period”). SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in SOS Limited of Class Action Lawsuit and Upcoming Deadline - SOS | Nachricht | … Under the terms of the securities purchase agreement, the Company has agreed to sell 8,600,000 ADSs and warrants to purchase 4,300,000 ADS. China Rapid Finance has evolved to become SOS Limited (SOS). These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. SOS has also added commercial shredding to its suite of services offered to the general public. The Jamaica Observer ePaper is available to you at home or at work, and is the same edition as the printed copy available at https://bit.ly/epaper-login, St Vincent Gov't may soon be unable to pay salaries, pensions, NIS —PM, Puerto Rico to vaccinate anyone 16 and older, Pipeline work disrupts water supply to Spanish Town Road network, Discarded masks litter beaches worldwide, threaten sea life, Bermuda records first murder of 2021 with man gunned down after card game, Excessive risk-taking making stocks overvalued: IMF, Sygnus Real Estate Finance — using flexible capital to unlock value in real estate, RedPlate rolls out farm fresh delivery service in, Stocks slip on Wall Street as market eases back from records, Way out of COVID-19 economic crisis increasingly visible – IMF, Another no dividend payment announced by NCB, JN Fund Managers raises $1.4 billion in capital market, Resumption of cruise tourism expected in August. : Bitcoin has Gone Mainstream hours: 6:58PM EDT has agreed to sell 8,600,000 ADSs and warrants purchase... 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