SOS hosted extraordinary shareholder meeting with 74.77% shares represented
Reuters2026/07/30 20:51Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- SOS held an extraordinary general meeting on July 27, 2026.
- Share capital reduction and reorganization was passed, cutting par value to US$0.0000001 and resetting authorized share capital to US$7.00.
- Seventh amended memorandum and articles was adopted, conditional on the capital reduction and reorganization taking effect.
- Authorized share capital increase was approved, conditional on the reorganization, to US$700.00 with 6 billion Class A shares and 1 billion Class B shares.
- Eighth amended memorandum and articles was adopted, conditional on the capital increase; a share consolidation authorization was approved for 1-for-2 to 1-for-20.
- Further amended memorandum and articles was adopted, to be implemented only if a share consolidation is effected.
- 2026 equity incentive plan was adopted, reserving up to 1,985,000 Class A shares for awards.
- Shareholders also authorized an adjournment of the meeting if needed.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SOS Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-083338), on July 30, 2026, and is solely responsible for the information contained therein.
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