SOS stock slumps on ~$20M ADSs offering

3
1
Favorite

SOS stock slumps on ~$20M ADSs offering

seekingalpha2022-03-31

SOS (NYSE:SOS) shares have dropped ~37% pre-market after the blockchain-based marketing solution provider priced its ~$20M securities offering. The firm has agreed to offer 35.75M ADSs at $0.56 each ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（1）

SkyMah
·2022-03-31
Scam company
Reply
Like
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2223942369?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-03-31 22:18","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2223942369","market":"us","top_or_hot":-1,"title":"SOS stock slumps on ~$20M ADSs offering","media":"seekingalpha","content":"<div>\n<p>SOS (NYSE:SOS) shares have dropped ~37% pre-market after the blockchain-based marketing solution provider priced its ~$20M securities offering. The firm has agreed to offer 35.75M ADSs at $0.56 each ...</p>\n\n<a href=\"https://seekingalpha.com/news/3819321-sos-stock-slumps-on-20m-adss-offering\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SOS stock slumps on ~$20M ADSs offering</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSOS stock slumps on ~$20M ADSs offering\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-31 22:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3819321-sos-stock-slumps-on-20m-adss-offering><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SOS (NYSE:SOS) shares have dropped ~37% pre-market after the blockchain-based marketing solution provider priced its ~$20M securities offering. The firm has agreed to offer 35.75M ADSs at $0.56 each ...</p>\n\n<a href=\"https://seekingalpha.com/news/3819321-sos-stock-slumps-on-20m-adss-offering\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SOS","symbol_name":"SOS Limited","start_time":0,"source_url":"https://seekingalpha.com/news/3819321-sos-stock-slumps-on-20m-adss-offering","article_id":"2223942369","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2223942369","pubTimestamp":1648736317,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"SOS (NYSE:SOS) shares have dropped ~37% pre-market after the blockchain-based marketing solution pro","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SOS":"SOS Limited","BK4123":"调查和咨询服务","BK4547":"WSB热门概念"},"translate_title":"SOS股票因发行约2000万美元ADSs而暴跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SOS":1},"content_text":"SOS (NYSE:SOS) shares have dropped ~37% pre-market after the blockchain-based marketing solution provider priced its ~$20M securities offering. The firm has agreed to offer 35.75M ADSs at $0.56 each for an estimated gross proceeds of $20.02M.  Each ADS represents 10 Class A Ordinary Shares. Offering is expected to close on Apr. 4, 2022. Proceeds will be used to develop SOS's business in North America as well as for working capital and general corporate use. Additionally, the firm has agreed to voluntarily reduce the exercise price of the ADS purchase warrants issued on Feb. 17, 2021, Feb. 22, 2021, Mar. 1, 2021 and Apr. 1, 2021 to $0.56/share.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9013211238,"gmtCreate":1648734168836,"gmtModify":1676534387785,"author":{"id":"3557462853272759","authorId":"3557462853272759","authorIdStr":"3557462853272759","name":"SkyMah","avatar":"https://static.tigerbbs.com/50fc4afe7fcad8131410ec366953f656","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3557462853272759"},"htmlText":"Scam company","listText":"Scam company","text":"Scam company","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9013211238","repostId":2223942369,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":3,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}