SOS (NYSE: SOS) announced plans to change its American Depositary Shares (ADS) ratio from 1:10 to 1:150 Class A ordinary shares, effective around November 19, 2024. This change will function as a one-for-fifteen reverse ADS split. ADS holders in The Depository Trust Company and Direct Registration System will have their ADSs automatically exchanged, with fractional shares being sold and proceeds distributed to holders. The company's Class A ordinary shares remain unchanged, and SOS will continue trading on NYSE under the symbol 'SOS'. While the ADS price is expected to increase proportionally, the company provides no guarantees.