The July 27 vote gives the crypto-linked company broader financing capacity after cash fell to $3.232 million at the end of 2025, alongside about $79.1 million in Bitcoin and Ethereum.
SOS Limited shareholders approved measures that could expand the company’s authorized share pool from 70 million to 7 billion, creating room for future equity issuance as the crypto-linked firm ends 2025 with limited cash and most of its liquid holdings tied to digital assets. The July 27 vote, disclosed July 30, creates capacity rather than immediate dilution because SOS would still need to complete the required reorganization and charter steps before issuing any shares, and it has not disclosed terms for any transaction. At Dec. 31, 2025, SOS reported cash and cash equivalents of $3.232 million, down from $228.131 million a year earlier. Its audited balance sheet also showed 802 Bitcoin valued at about $70.3 million and 2,949 Ethereum valued at about $8.8 million. The company posted a $97.3 million net loss from continuing operations for 2025, while direct cryptocurrency-mining revenue fell from $9.2 million in 2024 to zero after it temporarily shut that activity. Hosting-service revenue totaled $7.5 million, and SOS recorded $5.8 million of mining-equipment impairment. If carried out, the capital increase would add 5.94 billion Class A shares and 990 million Class B shares. SOS said the larger pool could be used for financings, acquisitions, equity compensation and other corporate transactions. Shareholders also authorized the board for two years to carry out one or more share consolidations (reverse stock splits) from 1-for-2 up to an aggregate cumulative ratio of 1-for-20, with the board retaining discretion over whether to use that authority. Between SOS’s May 15 annual report and the July 13 record date, outstanding Class B shares increased by exactly 2 million while Class A shares were unchanged. The report says that, because Class A shares cannot convert into Class B shares and a shareholder transfer would not change the outstanding total, the shift points to a new Class B allotment. SOS filed no transaction-specific disclosure naming the recipient, consideration or purpose. The enlarged authorization gives SOS a broader potential funding route, but shareholder impact will depend on whether the company completes the capital steps, how many shares it eventually issues, and the price and terms of any deal. Updated cash and crypto disclosures will show how its position has changed since year-end and whether the larger share pool becomes an active financing tool.