SOS Ltd. ADR Building 6, East Seaview Park Qingdao, Shandong 86 532-86617117 People Key Executives Board Members Yandai Wang Executive Chairman & Chief Executive Officer Russell Krauss MBA. 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"). We will continue to invest in more high level rigs for our own mining use and increase the manpower to support local operations. 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. Factset: FactSet Research Systems Inc.2019. As a result, caution must be exercised in relying on forward-looking statements. Contact Us| U.S. District Court for the District of New Jersey Judge Assigned Hon. 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. Please refer to the Attorney Case Opening Guide for processing electronically filed cases. Fundamental company data and analyst estimates provided by FactSet. 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 believe this launch this will fuel sustainable growth and provide value to our shareholders. Customer Service| Each attorney is granted unlimited access to high quality, on-demand premium content from well-respected faculty in the legal industry along with administrative access to easily manage CLE for the entire team. SOS Ltd. is a holding company, which provides marketing data, technology and solutions to the emergency rescue services in China. Map Phone: +86 532 86617117 Fax: - https://service.sosyun.com Incorporated. SOS may not realize its expectations, and its beliefs may not prove correct. This docket was last retrieved on January 19, 2023. Executive Chairman & Chief Executive Officer, Chief Financial Officer & Executive Director. Defendant Dr. Eric H. Yan ("Yan") was hired by SOS on January 6, . 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. 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. 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. Women, Influence & Power in Law UK Awards honors women lawyers who have made a remarkable difference in the legal profession. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. Pictures of these self contained data centers can be found on the SOS website, (http://www.sosyun.com/). But the suit said that HY and FXK were either undisclosed related parties or entities fabricated by SOS, and the reports about purchasing mining rigs were erroneous. Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. It is also engaged in blockchain and cryptocurrency business. Current positions of Yandai Wang 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, . Kevin Cooper of Carella Byrne declined to comment on the settlement. 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. Robert B. Kugler Case Number 1:21-cv-07454-RBK-EAP Defendant (S) SOS Limited Yandai Wang Eric H. Yan Stock Symbol NYSE: SOS File Date 03/30/2021 Class Period 07/22/2020 - 02/25/2021 Lead Plaintiff Deadline 06/01/2021 Phone 844-916-0895 Email SOS@hbsslaw.com Over 680 client hosted servers have been deployed in mobile smart containers to date. 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. 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. Copyright FactSet Research Systems Inc. All rights reserved. Copyright 2023 Surperformance. QINGDAO, China, May 10, 2022 /PRNewswire/ -- SOS Limited (NYSE: SOS) (the "Company" or "SOS") announced the launch of its Hosting Business at the Super-Computer & Hosting Center in Wisconsin. Our Team Account subscription service is for legal teams of four or more attorneys. The technologies and solutions of insurance and emergency rescue services are based on big data, blockchain based technology, cloud computing, artificial intelligence, satellite and 5G network. Mr Wang is 43, he's been the Exec. All content of the Dow Jones branded indices S&P Dow Jones Indices LLC 2019 and/or its affiliates. Terms of Service, The company's stock price plunged after analysts reported that SOS was "an intricate, 'pump and dump' scheme that used fake addresses, undisclosed related entities, and doctored photos of cryptocurrency mining rigs to create an illusion of success.". Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. A company operating what analysts said was a pump and dump cryptocurrency mining scheme settled a securities class action brought on behalf of investors for $5 million. The ideal candidate will hav CASH KRUGLER & FREDERICKS LLC is Celebrating Our 20th Anniversary & Newest Partners! SOS Chairman Yandai Wang. SOS Ltd., a Qingdao-based company specializing in data and technology products, announced yesterday that 6,039 ETH and BTC mining rigs it had received in the past month are now active at the company's cryptocurrency mining center in Sichuan Province. About Us| All rights reserved. Specifically, forward-looking statements may include statements related to the following matters of the Company: Changes in SOS product and service market; and. SOS is an emerging marketing and solution provider based on blockchain and big data. Site Map, Advertise| 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. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. SOS Limited, through its operating subsidiary, SOS Information Technology Co., Ltd. ("SOS") is a high-technology company . 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"). The Center is designed to host super-computing servers inside mobile smart containers which are also called containerized data centers. Although at this point, we do not have any definitive agreement for such acquisition, we remain optimistic about our strategic expansion in North America.". 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. . The products are divided into three categories: basic cloud, cooperative cloud and information cloud. 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. Women, Influence & Power in Law UK Awards 2023, Legalweek Leaders in Tech Law Awards 2023, COMMERCIAL FINANCE ATTORNEY - CT OFFICES; REMOTE will be considered, AARONSON RAPPAPORT FEINSTEIN & DEUTSCH, LLP, Understanding the Las Vegas Crime Rate with Attorney Tony Sgro, Introducing Virginia Ivanova, Esq. The defendants are located in China, and enforcing a judgment in China is very, very difficult, the magistrate wrote. More such rigs will go online as the company secures more power supply from electricity providers . Through today, the company has deployed its own 700 sets of rigs to mining production pool. Bloomberg Markets Americas. Chairman & CEO of SOS since . SOS has outlined its strategy in blockchain and cryptocurrency, including a series of measures to expand its business to cryptocurrency mining and cryptocurrency security and insurance. https://www.law.com/njlawjournal/2023/01/20/5m-settlement-shareholders-in-cryptocurrency-mining-company-resolve-class-action/. Yandai Wang is the Exec. "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. Attorneys from the other firms did not respond to requests for comment. 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. There are 1 older and no younger executives at SOS. He received his undergraduate degree from the University of San Francisco and an undergraduate degree from PLA Information Engineering University. We are seeking an attorney to join our commercial finance practice in either our Stamford, Hartford or New Haven offices. All rights reserved. Live from New York, is focused on bringing you the most important global business and breaking markets news and information as it happens. View original content:https://www.prnewswire.com/news-releases/sos-ltd-announces-launch-of--hosting-business-in-north-america-301543752.html, https://www.prnewswire.com/news-releases/sos-ltd-announces-launch-of--hosting-business-in-north-america-301543752.html. Cision Distribution 888-776-0942 The Company anticipates it will offer Open House Days from time to time. The suit claimed that SOS changed its business model multiple times and made false statements about the location of its offices, the nature of cryptocurrency mines it claimed to have purchased and agreements it had with other fabricated businesses. It focuses on the research and development of big data, cloud computing, Internet of Things, block chain and artificial intelligence. For more information regarding the Open House please refer to: open.sosyun.com or email: open@sosyun.com. These statements constitute forecasts, prospects and forward-looking statements and are not performance guarantees. Under the agreement, the new joint venture will be called SOS Ronghe Digital Technology Co., Ltd., aka SOS Ronghe. At present, it includes cryptocurrency mining and may be extended to cryptocurrency security and insurance in the future. 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, Bloomberg Markets live from New York, focused on bringing you the most important global business and breaking markets news and information as it happens. 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. Aaronson Rappaport Feinstein & Deutsch, LLP Is Pleased To Announce Patrick P. Mevs & Daniel W. Milstein Have Become Members Of The Firm. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. All rights reserved. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. . Learn about SOS Limited (SOS) stock's management team. For more information, visit: http://www.sosyun.com/ . Since. Comprehensive performance, salary and tenure analysis for the CEO, board and leadership team. Currently, SOS, through its majority owned joint venture, FD LLC, has secured a power supply of 25 MW at its facility in Price County Wisconsin, which is expected to be increased to 37MW after certain system improvements are completed. Both options are priced the same. . Yandai Wang, Chairman of SOS, commented, "SOS continues to increase its development of comprehensive blockchain solutions for digital trade, digital finance and other industries. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. 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. License our industry-leading legal content to extend your thought leadership and build your brand. 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. SOS has created a cloud "software as a service (SaaS)" platform for emergency rescue services. of the Company, holds 45% of the Purchaser?s equity interests, and Ms. Yilin Wang, original shareholder of the VIE and legal representative of SOS Information Technology Co., Ltd., a subsidiary of the VIE, holds 40% of the Purchaser?s equity interests. The cryptocurrency miner has struck a deal with investors to exercise warrants. Your article was successfully shared with the contacts you provided. Investors suffered losses when the price of SOSs American Depositary shares fell by 21%, or $1.27 per share, in February 2021. These containers hold the complete technological infrastructure of a classic data center, but are housed in a steel container. 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 Limited (Translation of registrant's name into English) Building 6, East Seaview Park, 298 Haijing Road, Yinzhu Street West Coast New District, Qingdao City, Shandong Province 266400 People's Republic of China +86-532-86617117 (Address of principal executive office) Indicate by check mark whether the registrant SOS is a new high-tech company with artificial intelligence and blockchain as its core technologies. United States District Court for the District of New Jersey. Forward-looking statements may be identified by the use of words such as "anticipate," "believe," "expect," "estimate," "plan," "outlook," and "project" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These statements constitute forecasts, prospects and forward-looking statements and are not performance guarantees. SOS Limited, a technology company, provides marketing data, technology, and solutions for emergency rescue services to corporate and individual members. There are 1 older and no younger executives at SOS. SOS Limited (Translation of registrant's name into English) Building 6, East Seaview Park, 298 Haijing Road, Yinzhu Street West Coast New District, Qingdao City, Shandong Province 266400 People's Republic of China +86-532-86617117 (Address of principal executive office) Indicate by check mark whether the registrant files Miner has struck a deal with investors to exercise warrants is also engaged in blockchain and cryptocurrency business &. And are not performance guarantees be exercised in relying on forward-looking statements Jones branded indices &... Or more attorneys in more high level rigs for our own mining use and increase manpower. ; s management team, provides marketing data, cloud computing, Internet Things... Announce Patrick P. Mevs & Daniel W. 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