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Name | Symbol | Market | Type |
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SOS Limited | NYSE:SOS | NYSE | Depository Receipt |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
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-0.10 | -7.81% | 1.18 | 1.29 | 1.11 | 1.29 | 220,601 | 23:00:01 |
QINGDAO, China, Oct. 18, 2021 /PRNewswire/ -- SOS Limited (NYSE: SOS) (the "Company" or "SOS") announced the lease of its North American headquarters at 866 2nd Ave, New York. SOS Information Technology New York Inc., a wholly owned subsidiary of SOS Ltd., has leased a full floor of office space at 866 2nd Ave, New York, NY.
SOS has been actively expanding its global footprint during the past year or so. Leasing of the Manhattan space signifies a new chapter of SOS' growth. The facility is expected to accommodate SOS's business development, management, blockchain R&D activities in North America.
Mr. Yandai Wang, CEO of SOS, commented, "We are committed to further expand our blockchain technology business in countries outside of mainland China. As we move forward into our next stage of growth, this office in Manhattan will serve as headquarters for our North America Operations for our blockchain R&D business.
About SOS Limited
SOS is an emerging blockchain-based and big data-driven marketing solution provider, with a nationwide membership base of approximately 20 million in China. SOS is also engaged in blockchain and supercomputing operations, and may expand into.cryptocurrency security and insurance in the future Since April 2021, we launched commodity trading via our subsidiary SOS International Trading Co. Ltd, 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. 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. This system provides innovative marketing solutions to clients such as 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. For more information, please visit: http://www.sosyun.com/
Forward-Looking Statements
Certain statements in this press release may constitute "forward-looking statements" within the meaning of the federal securities laws, including, but not limited to, our expectations for future financial performance, business strategies or expectations for our business. These statements constitute projections, forecasts and forward-looking statements, and are not guarantees of performance. SOS cautions that forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Words such as "may," "can," "should," "will," "estimate," "plan," "project," "forecast," "intend," "expect," "anticipate," "believe," "seek," "target," "look" or similar expressions may identify forward-looking statements. Specifically, forward-looking statements may include statements relating to the Company's:
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.
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"). 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:
Accordingly, forward-looking statements should not be relied upon as representing our views as of any subsequent date, and you should not place undue reliance on these forward-looking statements in deciding whether to invest in our securities. We do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.
View original content:https://www.prnewswire.com/news-releases/sos-announces-lease-of-office-in-manhattan-as-its-north-american-headquarters-301402074.html
SOURCE SOS Limited
Copyright 2021 PR Newswire
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