SOS Limited to Reverse Split 1-for-20 on Nov. 19
Class A and Class B ordinary shares will adjust to a split-adjusted basis when trading begins on November 19, 2026.
Updated on Nov. 9, 2026 in Business Strategy
SOS Limited's board approved a 1-for-20 reverse share split of its Class A and Class B ordinary shares on October 20, 2026, after shareholders authorized a split of up to that ratio on July 27, 2026. The split is expected to become effective on or about November 19, 2026, when Class A shares will begin trading on a split-adjusted basis under the NYSE symbol SOS.
Why it matters
Under the split, every twenty existing shares will convert into one new ordinary share, so each holder's proportional ownership is expected to remain the same. The change is a mechanical adjustment to the share count and per-share price rather than a change in the company's underlying holdings.
Outstanding shares are expected to fall from about 75.8 million Class A and 5.9 million Class B shares as of November 9, 2026, to roughly 3.8 million and 294,283 respectively after the 1-for-20 split. The post-split par value will be $0.000002 per share, and fractional shares will be rounded up to the nearest whole share.
The players
SOS Limited
SOS Limited is a company whose Class A ordinary shares trade on the New York Stock Exchange, and it has both Class A and Class B ordinary share classes.
Equiniti Trust Company, LLC
Equiniti Trust Company, LLC is a transfer agent and trust company that serves as exchange agent for corporate share transactions such as reverse splits.
The details
Shareholders receive one new ordinary share for every twenty shares held, with the Class A shares continuing to trade on the NYSE under the symbol SOS but carrying new CUSIP number G8274W112. Equiniti Trust Company, LLC is acting as exchange agent, and holders in book-entry form or brokerage accounts need not take action, while certificate holders will receive instructions from the agent.
Timeline
July 27, 2026: Shareholders approved a reverse split of up to 1-for-20.
October 20, 2026: The board approved the 1-for-20 reverse share split.
November 19, 2026: The reverse split is expected to take effect and split-adjusted trading begins.
Business Context
Companies listed on the NYSE that trade at low per-share prices often pursue reverse splits to raise the share price, a response tied to the exchange's continued-listing standards for minimum share price. This split follows that pattern by reducing the share count twentyfold while leaving total equity value unchanged.
Shareholders will hold one new share for every twenty previously held, with no action required for those using brokerage or book-entry accounts. Holders of paper certificates should follow the instructions Equiniti Trust Company, LLC provides.
The takeaway
Investors should check how their brokerage reports the split-adjusted position after November 19, 2026, to confirm share counts and cost basis match the 1-for-20 ratio.
What happens next
Class A ordinary shares are expected to begin trading on a split-adjusted basis on November 19, 2026, when the reverse split takes effect.
Further reading
For more on how companies manage their capital structures, explore Business Strategy coverage.
Source note: This article includes information reported by The Manila times.
