SOS Limited (NYSE: SOS), a company involved in blockchain, cryptocurrency operations, and commodity trading, has announced a $7.5 million registered direct offering. The company has entered into a securities purchase agreement with institutional investors for the sale of 2,142,855 American Depositary Shares $(ADS.AU)$ at a combined price of $3.50 each, alongside unregistered warrants to purchase up to 4,285,710 ADSs. The warrants are exercisable immediately, have a five-and-a-half-year term, and an exercise price of $3.50 per share. Maxim Group LLC is acting as the sole placement agent for the offering, which is expected to close on or about July 31, 2025, subject to customary closing conditions. The proceeds will be used to support the company's operations and growth initiatives.
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