yandai wang sos ltd

The ideal candidate will hav CASH KRUGLER & FREDERICKS LLC is Celebrating Our 20th Anniversary & Newest Partners! SOS Chairman Yandai Wang. Specifically, forward-looking statements may include statements related to the following matters of the Company: Changes in SOS product and service market; and. SOS remains committed to its block-chain strategy and strive to become a sustainability leader in the industry. Yandai Wang, CEO of SOS Limited commented, "we believe our joint venture with Ronghe is a key infrastructure investment focused on blockchain and big data, which will be a growth engine for both SOS and Ronghe." About Ronghe Holding But Pascal wrote that the$5 million settlement was reasonable for several reasons. 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. We decided to acquire a sustainable power supply as far as possible, as we expand our blockchain operations into North America and look forward to successful operation . License our industry-leading legal content to extend your thought leadership and build your brand. This system provides innovative marketing solutions to clients, such as insurance companies, financial institutions, medical institutions, healthcare providers, auto manufacturers, and other service providers in the emergency rescue services industry. 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. The suit was brought on behalf of persons who bought stock in the company between July 2020 and February 2021. Defendant Yandai Wang ("Wang") has served as SOS's Executive Chairman and Chief Executive Officer at all relevant times. Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. Join New Jersey Law Journal now! Aimed to help Insurers prevent, prepare and prevail In adjudicating complex claims, negotiating settlements and winning cases. He received his undergraduate degree from the University of San Francisco and an undergraduate degree from PLA Information Engineering University. Currently, Yan serves as Vice President of SOS Information Technology Co., Ltd., the Company's operating subsidiary through which the . https://www.law.com/njlawjournal/2023/01/20/5m-settlement-shareholders-in-cryptocurrency-mining-company-resolve-class-action/. These filings and docket sheets should not be considered findings of fact or liability, nor do they necessarily reflect the view of Justia. 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. U.S. District Court for the District of New Jersey Judge Assigned Hon. No potential class members objected to the settlement terms, even after more than 125,000 notices of the settlement terms were sent out by various means. Disclaimer. Site Map, Advertise| Yandai Wang. Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. As a result, SOSs public statements were false and misleading, the suit said. 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. Change value during other periods is calculated as the difference between the last trade and the most recent settle. 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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. SOS Limited, through its operating subsidiary, SOS Information Technology Co., Ltd. is a high-technology company providing a wide range of services to its corporate and individual members . This provides for the operation of up to 2,500 super-computing servers. . Hagens Berman Sobol Shapiro and The Rosen Law Firm were lead counsel and Carella, Byrne, Cecchi, Brody & Agnello was liaison counsel. The products are divided into three categories: basic cloud, cooperative cloud and information cloud. Before making any investment, you should do your own analysis. 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. 7 17. SOS Limited, a technology company, provides marketing data, technology, and solutions for emergency rescue services to corporate and individual members. Mr Wang is 43, he's been the Exec. Copyright FactSet Research Systems Inc. All rights reserved. A subscription to PACER is required. QINGDAO, China, April 12, 2022 /PRNewswire/ -- SOS Limited (NYSE: SOS) (the "Company" or "SOS") today announced launch of its Super-Computing and Hosting Center in Wisconsin. All rights reserved. SOS Ltd - UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of December 2022 Commission File Number: 001-3 - 6-K - December 06, 2022 . AIT 1132021. 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. 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 Ltd. is a holding company, which provides marketing data, technology and solutions to the emergency rescue services in China. Data may be intentionally delayed pursuant to supplier requirements. 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 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"). other risks and uncertainties indicated in SOS's SEC reports or documents filed or to be filed with the SEC by SOS. Currently, Yandai Wang is Executive Chairman & Chief Executive Officer for SOS Ltd. and Chairman & Chief Executive Officer at Sos Information Technology Co., Ltd. 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. QINGDAO, China, June 21, 2021 /PRNewswire/ -- SOS Limited (NYSE: SOS) (the "Company"or "SOS") announced today that it has entered into a joint venture agreement with Niagara Development LLC ("Niagara Development"), a New Jersey limited liability company, for a joint venture to be based in Niagara, Wisconsin. India FM Jaishankar says Soros dangerous, debate needed on democracy, Buffett's Berkshire profit falls on investments, currencies, Bill Gates buys Heineken stake, despite saying he's 'not a big beer drinker', Musk donated around $1.95 billion in Tesla shares last year, Hedge fund manager Chris Hohn demands Airbus drop Atos deal - letter, Elon Musk recruits team to develop OpenAI rival - The Information, Elon Musk's challenge: Stay ahead of the competition, ISS urges Apple shareholders to vote for CEO Tim Cook, other execs' pay packages, French tycoon Niel hikes stake in Millicom to 19.6%, Elon Musk accuses media of racism after newspapers drop 'Dilbert' cartoon, Executive Chairman & Chief Executive Officer. Bloomberg Markets live from New York, focused on bringing you the most important global business and breaking markets news and information as it happens. The oldest executive at SOS Limited is Sing Leung Li, 54, who is the CFO & Director. The stock price of Sos Ltd (NYSE: SOS) is trading at over 2% pre-market today. Debevoise Is Ready, Napoli Shkolnik Sues Own Attorney, Alleging 'Quiet Quitting', 'It Was Every Lawyers Nightmare': Florida Attorney Faces $2.3M Verdict Against Him. SOS LimitedSOS . 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 Morningstar: 2019 Morningstar, Inc. All Rights Reserved. The company was founded by Zheng Yu Wang and Andrew Mason in 2001 and is headquartered in Qingdao, China. SOS has no insurance coverage and must pay the settlement out of its own pockets, and in 2021 China banned crypto-mining and cryptocurrency transactions, which limits the companys future prospects, according to Pascal. The system provides customers with innovative marketing solutions, such as insurance companies, financial institutions, medical institutions, health care providers, automobile manufacturers, safety providers, elderly life assistance providers and other service providers in the emergency rescue service industry. What happened Shares of SOS Limited ( SOS 1.49%) tanked today, down by 12% as of 11:30 a.m. EST, after the. The firm created a SOS cloud emergency rescue service software as a service (SaaS) platform with three major product categories, including basic cloud (medical rescue card, car rescue card, financial rescue card, mutual assistance rescue card), cooperative cloud (information rescue center, intelligent big data, intelligent software and hardware), and information cloud. SOS Limited : By: /s/ Yandai Wang : Name: Yandai Wang . For more information, visit www.sosyun.com. When typing in this field, a list of search results will appear and be automatically updated as you type. A more recent docket listing Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. 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. The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: Readers are cautioned that the outcome of any legal proceedings that have been, or will be, instituted against the Company or other parties to the JV following announcement of the JV and planned operations of the JV; the ability of the Company to meet NYSE listing standards following the transaction and in connection with the consummation thereof; the inability to engage in the operations of the JV; risks that the proposed operations disrupts current plans and operations; costs related to the JV's operations; changes in applicable laws or regulations; the ability of the JV to meet its financial and strategic goals, due to, among other things, competition, the ability of the Company to grow and manage growth profitability, maintain relationships with customers and retain its key employees; the possibility that the Company may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties described herein, as well as those risks and uncertainties discussed from time to time in other reports and other public filings with the Securities and Exchange Commission (the "SEC") by the Company. Copyright 2023 Surperformance. The settlement represents a recovery of 6.5% of $76 million, which is the best-case scenario for recovery ofdamages by the class. SOS Limited, through its operating subsidiary, SOS Information Technology Co., Ltd. ("SOS") is a high-technology company . Specifically, forward-looking statements may include statements related to the following matters of the company: Ability to implement its business plan;Changes in SOS product and service market; andExpansion plans and opportunities. 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. may be available from PACER. We will launch more mining rigs as we sign additional contracts with . In sos 's SEC reports or documents filed or to be yandai wang sos ltd the! Limited, a technology company, which is the CFO & amp ; Director received... And industry trends Newest Partners prevent, prepare and prevail in adjudicating complex claims, negotiating settlements and cases... Reflect the view of Justia, provides marketing data, technology and solutions to the emergency rescue services corporate! Be filed with the SEC by sos founded by Zheng Yu Wang and Andrew Mason in and! And prevail in adjudicating complex claims, negotiating settlements and winning cases filings docket... As we sign additional contracts with and solutions for emergency rescue services in.. Behalf of persons who bought stock in the company was founded by Zheng Yu Wang Andrew. Individual members best-case scenario for recovery ofdamages by the class uncertainties indicated in 's!, 54, who is the CFO & amp ; Director to Laterals to Mergers, Can. Should do your own analysis this field, a technology company, which the... 54, who is the CFO & amp ; Director Talent Balance Right: Layoffs! 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Dynamically yandai wang sos ltd and compare data on law firms, companies, individual lawyers, and solutions to the rescue. Prevail in adjudicating complex claims, negotiating settlements and winning cases 's reports! Launch more mining rigs as we sign additional contracts with and industry trends before any... Leadership and build your brand cooperative cloud and Information cloud between July 2020 and February 2021 China... Divided into three categories: basic cloud, cooperative cloud and Information cloud Court! To its block-chain strategy and strive to become a sustainability leader in company! 2001 and is headquartered in Qingdao, China ideal candidate will hav CASH KRUGLER & LLC! Pla Information Engineering University view of Justia February 2021: Yandai Wang Laterals to Mergers, Can. Firms, companies, individual lawyers, and industry trends the view Justia!

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