SOS sells 19,000,000 shares in unregistered offering at US$ 0.18 each for US$ 3.42 million
SOS•Private placement details
SOS Ltd. agreed to a private placement of 19,000,000 Class A Ordinary Shares for an aggregate purchase price of US$ 3.42 million.
The shares were sold at US$ 0.18 each to non-U.S. persons under Regulation S in an unregistered offering.
Proceeds were earmarked for working capital and general corporate purposes.
