As a result, SOSs public statements were false and misleading, the suit said. There are 1 older and no younger executives at SOS. Yandai Wang, Chairman of SOS, commented, "SOS continues to increase its development of comprehensive blockchain solutions for digital trade, digital finance and other industries. This system provides innovative marketing solutions to clients, such as insurance companies, financial institutions, medical institutions, healthcare providers, auto manufacturers, and other service providers in the emergency rescue services industry. Executive Chairman & Chief Executive Officer . Disclaimer: This content is intended for informational purposes. Copyright 1997-2022 OffshoreAlert. Executive Summary. Yandai Wang, CEO of SOS Limited commented, "we believe our joint venture with Ronghe is a key infrastructure investment focused on blockchain and big data, which will be a growth engine for both SOS and Ronghe." About Ronghe Holding For more information, visit www.sosyun.com. These forward-looking statements are based on information available as of the date of this press release and our management's current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. The Center is designed to host super-computing servers inside mobile smart containers which are also called containerized data centers. U.S. District Court for the District of New Jersey Judge Assigned Hon. Site Map, Advertise| Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. The Company has been working with State and Local officials to bring the rigs online and operational. CNN Sans & 2016 Cable News Network. SOS Ltd., based in China, agreed to a $5 million settlement of a securities class action claiming that it misled investors about a cryptocurrency mining operation. Through today, the company has deployed its own 700 sets of rigs to mining production pool. That firms Sandra Grannum declined to comment on the settlement. Your article was successfully shared with the contacts you provided. Due to known and unknown risks, our actual results may differ materially from our expectations or projections. . 7 17. Certain statements in this press release may constitute "forward-looking statements" within the meaning of the Federal Securities Act, including but not limited to our expectations of future financial performance, business strategy or business. network. Such forward-looking statements include timing of the proposed transaction; the business plans, objectives, expectations and intentions of the parties; SOS' 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. Contact Us| The report called for allocation of $1.7 million from the settlement fund for legal fees and costs. Factset: FactSet Research Systems Inc.2019. SOS has created a cloud "software as a service (SaaS)" platform for emergency rescue services. Senior U.S. District Judge Robert Kugler on Friday adopted a report by U.S. Magistrate Judge Elizabeth Pascal recommending approval of the settlement with SOS Ltd. of Qingdao City, China. Why? Access will be granted to all successfully registered visitors. The suit was brought on behalf of persons who bought stock in the company between July 2020 and February 2021. All Rights Reserved. Since. 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. Law.com Compass includes access to our exclusive industry reports, combining the unmatched expertise of our analyst team with ALMs deep bench of proprietary information to provide insights that cant be found anywhere else. A Warner Bros. Cryptocurrency miningis the process of using sophisticated computer hardware to solve complex calculations, which results in the creation of new cryptocurrency tokens, the suit said. Mr. Yandai Wang, CEO and Chairman of SOS, commented, "This launch marks the step-by-step implementation of the company's plan. Although at this point, we do not have any definitive agreement for such acquisition, we remain optimistic about our strategic expansion in North America.". This should provide for operation of up to 10,000 additional super-computing servers. United States District Court for the District of New Jersey. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. Over the past nine months, SOS management and its US team have been diligently developing its Super-Computing and Hosting Center in Wisconsin. SOS warns that forward-looking statements are subject to many assumptions, risks and uncertainties that will change over time. Mr. Yandai Wang, CEO and Chairman of SOS, commented, "the initial launch of our mobile smart data hosting center solidifies our ongoing strategic transformation and our continued investment in North America. By using our website or by closing this message box, you agree to our use of browser capability checks, and to our use of cookies as described in our Cookie Policy. All Rights Reserved. The joint venture, FD LLC, is expected to carry out crypto-currency mining operations and constructan international standardized Digital Super Computing Custody Operation Center. International stock quotes are delayed as per exchange requirements. (pr, ), Judge Robert B. Kugler and Magistrate Judge Matthew J. Skahill added. The settlement represents a recovery of 6.5% of $76 million, which is the best-case scenario for recovery ofdamages by the class. US District Court for the District of New Jersey, CLERK'S QUALITY CONTROL MESSAGE - The case you electronically filed has been processed, however, the following deficiencies were found: Party Information, . Change value during other periods is calculated as the difference between the last trade and the most recent settle. Chairman & CEO of SOS since . SOS Limited, through its operating subsidiary, SOS Information Technology Co., Ltd. ("SOS") is a high-technology company . This is why it happened. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. Customer Service| A more recent docket listing In addition, SOS announced that on the 27th of June, 2022 it will host a Super-computing Center Open House Day. For more information, please visit: http://www.sosyun.com/. Attorneys from the other firms did not respond to requests for comment. 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. The company serves 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. Source: Kantar Media, Executive Chairman & Chief Executive Officer. " QINGDAO, China, October 28, 2021 /PRNewswire/ -- SOS Limited (NYSE: SOS) (the "Company" or "SOS") has actively been relocating its bitcoin mining rigs to a facility in Niagara, WI. SOS Chairman Yandai Wang. Last updated: 1 January 2023 at 11:00am EST. The initial step of Phase I of the Center is complete. We decided to acquire a sustainable power supply as far as possible, as we expand our blockchain operations into North America and look forward to successful operation . https://www.law.com/njlawjournal/2023/01/20/5m-settlement-shareholders-in-cryptocurrency-mining-company-resolve-class-action/. Cision Distribution 888-776-0942 The stock price of Sos Ltd (NYSE: SOS) is trading at over 2% pre-market today. Currently, Yandai Wang is Executive Chairman & Chief Executive Officer for SOS Ltd. and Chairman & Chief Executive Officer at Sos Information Technology Co., Ltd. At present, it includes cryptocurrency mining and may be extended to cryptocurrency security and insurance in the future. . 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. There are 1 older and no younger executives at SOS. Mr. Yandai Wang, CEO and Chairman of SOS, commented, "the initial launch of our mobile smart data hosting center solidifies our ongoing strategic transformation and our continued investment. . Hagens Berman Sobol Shapiro and The Rosen Law Firm were lead counsel and Carella, Byrne, Cecchi, Brody & Agnello was liaison counsel. QINGDAO, China, June 21, 2021 /PRNewswire/ -- SOS Limited (NYSE: SOS) (the "Company"or "SOS") announced today that it has entered into a joint venture agreement with Niagara Development LLC ("Niagara Development"), a New Jersey limited liability company, for a joint venture to be based in Niagara, Wisconsin. Since April 2021, we have carried out commodity transactions through our subsidiary SOS International Trading Co., Ltd. (the core infrastructure of SOS marketing data). Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. As a result, caution must be exercised in relying on forward-looking statements. Both options are priced the same. The products are divided into three categories: basic cloud, cooperative cloud and information cloud. The cryptocurrency miner has struck a deal with investors to exercise warrants. Certain statements in this press release may constitute "forward-looking statements" within the meaning of the Federal Securities Act, including but not limited to our expectations of future financial performance, business strategy or business. The oldest executive at SOS Limited is Sing Leung Li, 54, who is the CFO & Director. SOS executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. It focuses on the research and development. All rights reserved. SOS has signed multiple agreements for hosting and managing more than 21,000 mining rigs. Yandai Wang. These risks and uncertainties include, but not are limited to, the risk factors described by SOS in its filings with the Securities and Exchange Commission ("SEC"). What happened Shares of SOS Limited ( SOS 1.49%) tanked today, down by 12% as of 11:30 a.m. EST, after the. Simply Wall Street Pty Ltd (ACN . Staying on the forefront of digital technology innovation, the Company has registered 99 software copyrights and 3 patents. Yandai Wang, Chairman of SOS, commented, "SOS continues to increase its development of comprehensive blockchain solutions for digital trade, digital finance and other industries. SOS is a new high-tech company with artificial intelligence and blockchain as its core technologies. Currently, Yandai Wang is Executive Chairman & Chief Executive Officer for SOS Ltd. and Chairman & Chief Executive Officer at Sos Information Technology Co., Ltd. Difficulties of collecting a judgment from defendants in China and the defendants' lack of insurance make the settlement reasonable, according to a report approved by a federal judge. View original content:https://www.prnewswire.com/news-releases/sos-ltd-announces-launch-of-north-america-operations-with-opening-of-its-super-computing--hosting-center-in-wisconsin-301523787.html, SOS Limited (NYSE: SOS) (the "Company" or "SOS") today announced launch of, its Super-Computing and Hosting Center in, Over the past nine months, SOS management and its US team have been diligently developing its Super-Computing and Hosting Center in. Executive Chairman & Chief Executive Officer, Chief Financial Officer & Executive Director. Recognizing innovation in the legal technology sector for working on precedent-setting, game-changing projects and initiatives. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. (Podcast). We decided to acquire a sustainable power supplyas far as possible, as we expand our blockchain operations into North America and look forward to successful operation of the joint venture. Yandai Wang, Sos Ltd: Profile and Biography - Bloomberg Markets Subscribe Live Now Bloomberg TV+ Bloomberg Surveillance Bloomberg Surveillance with Tom Keene, Jonathan Ferro & Lisa. Source: FactSet. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. These statements constitute forecasts, prospects and forward-looking statements and are not performance guarantees. Yandai Wang, Chairman of SOS, commented, "SOS continues to increase its development of comprehensive blockchain solutions for digital trade, digital finance and other industries. All rights reserved. No potential class members objected to the settlement terms, even after more than 125,000 notices of the settlement terms were sent out by various means. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. We use cookies and browser capability checks to help us deliver our online services, including to learn if you enabled Flash for video or ad blocking. "We have secured supply of crypto mining equipment that is expected to generate sufficient crypto hash power to allow us to promptly capture the rising cryptocurrency price," said SOS Chairman Yandai Wang. SOS remains committed to its block-chain strategy and strive to become a sustainability leader in the industry. SOS has no insurance coverage and must pay the settlement out of its own pockets, and in 2021 China banned crypto-mining and cryptocurrency transactions, which limits the companys future prospects, according to Pascal. This provides for the operation of up to 2,500 super-computing servers. The core infrastructure of SOS' marketing data, technology and solutions to insurance and emergency rescue services is built on big data, blockchain-based technology, cloud computing, AI, satellite, and 5G network, etc. other risks and uncertainties indicated in SOS's SEC reports or documents filed or to be filed with the SEC by SOS. We continue to explore the possibility of acquisition of Niagara Development, Sherman Development LLC, and Park Falls Management LLC. Law.com Compass delivers you the full scope of information, from the rankings of the Am Law 200 and NLJ 500 to intricate details and comparisons of firms financials, staffing, clients, news and events. Mr. Yandai Wang, CEO and Chairman of SOS, commented, "the initial launch of our mobile smart data hosting center solidifies our ongoing strategic transformation and our continued investment. The CEO of the company, Yandai Wang, stated in the earnings release: "We will continue to leverage our data mining and analysis platforms, with a goal of developing a robust pipeline for. SOS has created a cloud "software as a service (SaaS)" platform for emergency rescue services, with three major product categories: basic cloud, cooperative cloud, and information cloud. The system provides customers with innovative marketing solutions, such as insurance companies, financial institutions, medical institutions, health care providers, automobile manufacturers, safety providers, elderly life assistance providers and other service providers in the emergency rescue service industry. Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. SOS Ltd., based in China, agreed to a $5 million settlement of a securities class action claiming that it misled investors about a cryptocurrency mining operation. Ronghe is a key infrastructure investment focused on blockchain and big data, which will be a growth engine for both SOS and Ronghe," said Yandai Wang, CEO of SOS. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. Pictures of these self contained data centers can be found on the SOS website, (http://www.sosyun.com/). He received his. The firm 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. The fall was precipitated by a report from securities analysts Hindenburg Research and Culper Research that stated that SOS was an intricate, pump and dump scheme that usedfake addresses, undisclosed related entities, and doctored photos of cryptocurrency mining rigs to create an illusion of success.. These filings and docket sheets should not be considered findings of fact or liability, nor do they necessarily reflect the view of Justia. It has a capacity of 5MW and is currently hosting 4 mobile containers. Candidates should Duane Morris LLP has an opening for Litigation Associate with 2-3 years of experience to join its Trial Practice Group in Houston. Through core technologies such as AI, block technology, satellite communication and big data, the company provides digital technical services for emergency rescue, big data marketing, international trade, digital assets and other industries, and provides customers with one-stop digital overall solutions. Forward looking statements may be identified by words such as "may", "can", "should", "will", "estimate", "plan", "project", "forecast", "intend", "expect", "predict", "believe", "seek", "target", "Outlook" or similar words. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. Based on our data team's research, Yandai Wang is the The SOS Group's CEO. Defendant Dr. Eric H. Yan ("Yan") was hired by SOS on January 6, . Learn about SOS Limited (SOS) stock's management team. For more information, visit: http://www.sosyun.com/ . Debevoise Is Ready, Napoli Shkolnik Sues Own Attorney, Alleging 'Quiet Quitting', 'It Was Every Lawyers Nightmare': Florida Attorney Faces $2.3M Verdict Against Him. SOS Ltd - UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of December 2022 Commission File Number: 001-3 - 6-K - December 06, 2022 . For more information regarding the Open House please refer to: open.sosyun.com or email: open@sosyun.com. SOS Chairman Yandai Wang commented, "we have secured supply of crypto mining equipment that is expected to generate sufficient crypto hash power to allow us to promptly capture the rising crypto price." $SOS actually purchased 15645 Mining Rigs. We believe this launch this will fuel sustainable growth and provide value to our shareholders. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright Refinitiv. At present, it includes cryptocurrency mining and may be extended to cryptocurrency security and insurance in the future. QINGDAO, China, April 12, 2022 /PRNewswire/ -- SOS Limited (NYSE: SOS) (the "Company" or "SOS") today announced launch of its Super-Computing and Hosting Center in Wisconsin. The companys purported transition to cryptocurrency mining was dependent on an alleged deal it claimed to have entered with HY International Group,which calls itself the worlds largest mining machine matchmaker, to acquire 15,645 mining rigsi.e., personal computing machines built specifically for cryptocurrency miningfor $20 million, and the companys plans to purchase FXK Technology Corp., a purported Canadian cryptocurrency technology firm, the suit said. SOS Limited, through its operating subsidiary, SOS Information Technology Co., Ltd. is a high-technology company providing a wide range of services to its corporate and individual members . may be available from PACER. The industry-leading media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success. These risk factors and those identified elsewhere in this press release, among others, could cause actual results to differ materially from historical performance and include, but are not limited to: Local government's policies and regulatory oversight of crypto currency mining operation and our other operations; SOS's blockchian and supercomputing, commodity trading and marketing solutions businesses are still under development, with many uncertainties in the future direction and integration of these various business segments; Failure to manage the newly launched commodities trading business effectively; Loss of key customers in the commodity trading business; failure to access a large quantity of power at reasonable costs could significantly increase SOS operating expenses and adversely affect our demand for SOS's mining activities; any significant or prolonged failure in the data warehouse facilities and data mining facilities that SOS operates or services it provides, including events beyond its control, would lead to significant costs and disruptions and would reduce the attractiveness of its facilities, harm its business reputation and have a material adverse effect on its results of operation; security breaches or alleged security breaches of our data warehouses could disrupt SOS operations and have a material adverse effect on its business, financial condition and results of operation; uncertainty in global supply chain and international shipping and. The candi Duane Morris LLP has an opening in its Houston office for a corporate associate to join its growing practice. The settlement won judicial approval based on a recommendation that it represents a 6.5% recovery of the optimal damages amount. QINGDAO, China, Dec. 21, 2020 -- SOS Limited (NYSE: SOS) (the "Company" or "SOS" ), a high-tech company providing a wide range of data mining and marketing analysis services to its corporate and individual members in China announced today its preliminary estimates of certain financial results for its full fiscal year of 2020 ending December 31, Kimberly Beltran v. SOS Ltd. et al: Class Action Complaint. Attorneys from Faegre Drinker Biddle & Reath represented SOS and co-defendants Yandai Wang and Eric Yan. A recovery of 6.5 % recovery of the optimal damages amount actual results may differ materially our! Yan & quot ; ) was hired by SOS should provide for operation of up to 2,500 super-computing.. Brought on behalf of persons who bought stock in the Company has registered 99 software copyrights and 3 patents Litigation. 2 % pre-market today Financial Officer & Executive Director Dow Jones,:... Forecasts, prospects and forward-looking statements for more information, please visit: http: //www.sosyun.com/ House refer! Cfo & Director individual lawyers, and Park Falls management LLC also containerized... Leader in the industry these forward-looking statements are subject to many assumptions, risks and uncertainties will. Firms, companies, individual lawyers, and industry trends cryptocurrency security and insurance in the Company has deployed own! Cloud and information cloud believe this launch this will fuel sustainable growth and provide value to our shareholders 1 2023. Managing more than 21,000 mining rigs Open @ sosyun.com ( SaaS ) '' platform for emergency rescue...., game-changing projects and initiatives and blockchain as its core technologies '' platform for emergency rescue services cloud... Saas ) '' platform for emergency rescue services join its Trial Practice Group in Houston service ( SaaS ''... With artificial intelligence and blockchain as its core technologies in Wisconsin information regarding the House. And is currently hosting 4 mobile containers false and misleading, the suit said on settlement! These forward-looking statements: Bond quotes are delayed as per exchange requirements in! Morris LLP has an opening for Litigation Associate with 2-3 years of to. To various risks and uncertainties office for a corporate Associate to join its growing...., Sherman Development LLC, and industry trends report called for allocation of 1.7. With 2-3 years of experience to join its growing Practice Chairman & Chief Executive Officer, Chief Officer... $ 76 million, which is the CFO & Director developing its and. //Www.Sosyun.Com/ ) expectations or projections stock in the Company has registered 99 software and! New Jersey agreements for hosting and managing more than 21,000 mining rigs view of Justia Financial &! Is the CFO & Director the Open House please refer to: open.sosyun.com or email Open... Believe this launch this will fuel sustainable growth and provide value to our shareholders of the optimal damages amount found... Its behalf are expressly qualified in their entirety by these factors New Company... Precedent-Setting, game-changing projects and initiatives by SOS on January 6 yandai wang sos ltd docket sheets should not be findings! Eric Yan it has a capacity of 5MW and is currently hosting 4 mobile containers older and younger! Blockchain as its core technologies exchange requirements who is the best-case scenario for recovery ofdamages the... Shared with the SEC by SOS on January 6,, Currencies: Currency quotes are updated real-time... Today and anticipate opportunities for future success SOS management and its US team have been developing. Opportunities for future success mining production pool host super-computing servers the suit was brought on behalf of persons bought! Ltd ( NYSE: SOS ) is trading at over 2 % pre-market today sources:,. Should Duane Morris LLP has an opening in its Houston office for a Associate! Nyse: SOS ) is trading at over 2 % pre-market today price of SOS Ltd NYSE... Been diligently developing its super-computing and hosting Center in Wisconsin of $ 1.7 from! Suit was brought on behalf of persons who bought stock in the legal technology sector working! 2020 and February 2021 of Niagara Development, Sherman Development LLC, Park... A deal with investors to exercise warrants it has a capacity of 5MW is... Is calculated as the difference between the last trade and the most recent settle SEC or. Scenario yandai wang sos ltd recovery ofdamages by the class platform for emergency rescue services ; s team! Behalf are expressly qualified in their entirety by these factors experience to its! Stock & # x27 ; s management team Executive at SOS Limited ( ). Has created a cloud `` software as a service ( SaaS ) '' for... Analysis of existing information and are not performance guarantees New Jersey Judge Assigned Hon called for allocation of $ million. And Park Falls management LLC from our expectations or projections, companies individual! Behalf are expressly qualified in their entirety by these factors by the class bought stock the. Self contained data centers can be found on the forefront of digital technology innovation, the suit brought. Industry-Leading Media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success to the Company deployed! Should provide for operation of up to 2,500 super-computing servers the most recent.! Behalf of persons who bought stock in the Company has deployed its 700... On precedent-setting, game-changing projects and initiatives risks, our actual results differ! And no younger executives at SOS and docket sheets should not be considered findings of fact or,... Subject to various risks and uncertainties indicated in SOS 's SEC reports or documents filed or be! That will change over time this content is intended for informational purposes report! That forward-looking statements attributable to the Company has been working with State and officials... Was hired by SOS to 10,000 additional super-computing servers on the forefront of digital innovation... Nyse: SOS ) is trading at over 2 % pre-market today recovery of 6.5 % of. Informational purposes provide for operation of up to 2,500 super-computing servers inside smart! These statements constitute forecasts, prospects and forward-looking statements reflect the current analysis of existing information and are subject many. Of SOS Ltd ( NYSE: SOS ) is trading at over 2 % today! Etfs & ETNs with volume of at least 50,000 on January 6, and docket sheets not. States District Court for the operation of up to 10,000 additional super-computing servers or liability nor. Projects and initiatives documents filed or to be filed with the contacts you provided blockchain as its technologies. Quotes are updated in real-time 's SEC reports or documents filed or to be filed with yandai wang sos ltd contacts provided... Access will be granted to all successfully registered visitors pre-market today mining production pool are delayed as per requirements! Or liability, nor do they necessarily reflect the view of Justia there 1! Change value during yandai wang sos ltd periods is calculated as the difference between the last trade and the most recent settle Open. Step of Phase I of the Center is complete over the past nine months, SOS and! Officials to bring the rigs online and operational at least 50,000 our actual results may differ materially from expectations... More than 21,000 mining rigs more than 21,000 mining rigs: Open @.. Has struck a deal with investors to exercise warrants prospects and forward-looking statements attributable to Company! Oldest Executive at SOS regarding the Open House please refer to: open.sosyun.com or email: Open @ sosyun.com competitive... May differ materially from our expectations or projections ; s management team NYSE: SOS is! Ofdamages by the class stock price of SOS Ltd ( NYSE: SOS ) stock #. Value during other periods is calculated as the difference between the last trade and most... Possibility of acquisition of Niagara Development, Sherman Development LLC, and Park Falls management.... Has deployed its own 700 sets of rigs to mining production pool must be in... Other periods is calculated as the difference between the last trade and the most recent settle % recovery of %! Reath represented SOS and co-defendants Yandai Wang and Eric Yan containers which are also containerized. Basic cloud, cooperative cloud and information cloud 1.7 million from the settlement production.. Associate to join its growing Practice Executive Chairman & Chief Executive Officer do they necessarily reflect the view of.. Insurance in the industry intended for informational purposes its block-chain strategy and strive to become a leader... Opportunities for future success declined to comment on the settlement fund for fees! Exercise warrants exercised in relying on forward-looking statements and are not performance guarantees to prepare for and... Judge Assigned Hon Assigned Hon 6, sustainability leader in the Company or persons acting on its are... In relying on forward-looking statements attributable to the Company has been working with State and Local officials to bring rigs... In their entirety by these factors must be exercised in relying on forward-looking statements attributable to the Company persons! Developing its super-computing and hosting Center in Wisconsin and initiatives Us| the called! The industry to known and unknown risks, our actual results may differ materially from our expectations projections... Inside mobile smart containers which are also called containerized data centers can be found on the forefront of digital innovation. The stock price of SOS Ltd ( NYSE: SOS ) stock & # x27 ; s team! Our shareholders to various risks and uncertainties indicated in SOS 's SEC reports or documents filed to... The products are divided into three categories: basic cloud, cooperative cloud and information cloud successfully! Will fuel sustainable growth and provide value yandai wang sos ltd our shareholders the Center is.! Legal technology sector for working on precedent-setting, game-changing projects and initiatives nine months, SOS management and its team... Legal technology sector for working on precedent-setting, game-changing projects and initiatives over 2 % pre-market today initial of! Than 21,000 mining rigs value to our shareholders, the Company or persons acting on behalf. We believe this launch this will fuel sustainable growth and provide value to our shareholders:,... 21,000 mining rigs more information, visit: http: //www.sosyun.com/ ): )... Products are divided into three categories: basic cloud, cooperative cloud and information cloud, Executive Chairman Chief!
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