Crypto service provider SOS Limited announces a rights issue to raise $7.5 million
According to online reports, SOS Limited, a crypto service provider listed on the New York Stock Exchange, announced that it will trade 2,142,855 American depositary shares through a registered direct offering. It also agreed to issue and sell unregistered warrants, planning to raise a total of US$7.5 million. SOS Limited's current business scope includes cryptocurrency mining, and new funds will support its expansion into the field of cryptocurrency security.
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