SOS hosted extraordinary shareholder meeting with 74.77% shares represented
SOS•Extraordinary general meeting results
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.
