United States securities and exchange commission logo
January 30, 2024
Steven Lee
Chief Financial Officer
SOS Ltd
Building 6, East Seaview Park, 298 Haijing Road, Yinzhu Street
West Coast New District, Qingdao City, Shandong Province 266400
People s Republic of China
Re: SOS Ltd
Amendment No. 1 to
Form F-1 filed January 23, 2024
File No. 333-276006
Dear Steven Lee:
We have conducted a limited review of your registration statement
and have the
following comments.
Please respond to this letter by amending your registration
statement and providing the
requested information. If you do not believe a comment applies to your
facts and circumstances
or do not believe an amendment is appropriate, please tell us why in
your response.
After reviewing any amendment to your registration statement and
the information you
provide in response to this letter, we may have additional comments.
Amendment No. 1 to Form F-1
Cover Page
1. We reissue Comment 1 in
part. State whether any transfers of any type have been made to
date between the
holding company and its subsidiaries.
Risks Related to Doing Business in China, page 3
2. We reissue Comment 4 in
part. Please discuss the risk that the Chinese government may
exert more control over
offerings conducted overseas which could result in a material
change in the value of
the securities you are registering for sale. Acknowledge any risks
that any actions by the
Chinese government to exert more oversight and control over
offerings that are
conducted overseas and/or foreign investment in China-based issuers
could significantly
limit or completely hinder your ability to offer or continue to offer
securities to investors
and cause the value of such securities to significantly decline or be
worthless. We note that
you added this disclosure on page 31 but not in this section.
Steven Lee
SOS Ltd
January 30, 2024
Page 2
3. We note your revised disclosure on page 48 in response to comment no.
5. Please revise
this section to provide similar disclosure.
Cash and Asset Flows through Our Organization, page 9
4. We reissue comment 6. We requested that you address more than just
dividends and
distributions which you reference in the first sentence on page 9. Our
comment asked you
to quantify any cash flows and transfers of other assets by type that
have occurred
between the holding company and its subsidiaries, and the direction of
transfer. Please
revise or clarify that there have not been any other transfers, sales
or other transactions
between your subsidiaries. If the dividends and distributions
referenced in your revised
disclosure are the only inter party transfers, confirm that in your
response to this
comment.
We remind you that the company and its management are responsible for
the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action
or absence of
action by the staff.
Refer to Rules 460 and 461 regarding requests for acceleration. Please
allow adequate
time for us to review any amendment prior to the requested effective date of
the registration
statement.
Please contact Todd Schiffman at 202-551-3491 or Christian Windsor at
202-551-3419
with any other questions.
FirstName LastNameSteven Lee Sincerely,
Comapany NameSOS Ltd
Division of
Corporation Finance
January 30, 2024 Page 2 Office of Finance
FirstName LastName