yandai wang sos ltd
Change value during other periods is calculated as the difference between the last trade and the most recent settle. With Such Low Win Rates, Should Law Firms Respond to So Many RFPs? A more recent docket listing may be available from PACER . Robert B. Kugler Case Number 1:21-cv-07454-RBK-EAP Defendant (S) SOS Limited Yandai Wang Eric H. Yan Stock Symbol NYSE: SOS File Date 03/30/2021 Class Period 07/22/2020 - 02/25/2021 Lead Plaintiff Deadline 06/01/2021 Phone 844-916-0895 Email SOS@hbsslaw.com 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 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. We are seeking an attorney to join our commercial finance practice in either our Stamford, Hartford or New Haven offices. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. 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. That firms Sandra Grannum declined to comment on the settlement. 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. SOS Limited : By: /s/ Yandai Wang : Name: Yandai Wang . Defendant Yandai Wang ("Wang") has served as SOS's Executive Chairman and Chief Executive Officer at all relevant times. SOS SOS Limited - ADR 85,810 $4.95 $0.24 (4.62%) Today $5.18 0.23 (4.65%) Pre-Market Market Cap $29.56M Volume (M) 871.00 52-Wk High $45.00 52-Wk Low $2.54 About Feed Sentiment Fundamentals News There is no chart data available for this period 1d 1w 1m 3m 6m 1y All Sentiment Score Message Volume Score Disclaimer: This is informational only. All rights reserved. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Discovery Company. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that have fulfilled their CLE requirement but need to access resourceful information for their practice areas. Law.com Compass includes access to our exclusive industry reports, combining the unmatched expertise of our analyst team with ALMs deep bench of proprietary information to provide insights that cant be found anywhere else. It has a capacity of 5MW and is currently hosting 4 mobile containers. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. from 8 AM - 9 PM ET. SOS Limited is based Qingdao, the People's Republic of China. Terms of Service, The company's stock price plunged after analysts reported that SOS was "an intricate, 'pump and dump' scheme that used fake addresses, undisclosed related entities, and doctored photos of cryptocurrency mining rigs to create an illusion of success.". We decided to acquire a sustainable power supplyas far as possible, as we expand our blockchain operations into North America and look forward to successful operation of the joint venture. We use cookies and browser capability checks to help us deliver our online services, including to learn if you enabled Flash for video or ad blocking. 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. Why? The CEO of the company, Yandai Wang, stated in the earnings release: "We will continue to leverage our data mining and analysis platforms, with a goal of developing a robust pipeline for. 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. SOS' SEC filings are available publicly on the SEC's website at www.sec.gov. What happened Shares of SOS Limited ( SOS 1.49%) tanked today, down by 12% as of 11:30 a.m. EST, after the. Due to known and unknown risks, our actual results may differ materially from our expectations or projections. Cryptocurrency miningis the process of using sophisticated computer hardware to solve complex calculations, which results in the creation of new cryptocurrency tokens, the suit said. https://www.law.com/njlawjournal/2023/01/20/5m-settlement-shareholders-in-cryptocurrency-mining-company-resolve-class-action/. Yandai Wang. SOS may not realize its expectations, and its beliefs may not prove correct. Live from New York, is focused on bringing you the most important global business and breaking markets news and information as it happens. other risks and uncertainties indicated in SOS's SEC reports or documents filed or to be filed with the SEC by SOS. 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. SOS Chairman Yandai Wang. Copyright 1997-2022 OffshoreAlert. Don't miss the crucial news and insights you need to make informed legal decisions. Yandai Wang, Chairman of SOS, commented, "SOS continues to increase its development of comprehensive blockchain solutions for digital trade, digital finance and other industries. The two companies will inject $9.1 million in the venture . We will launch more mining rigs as we sign additional contracts with . Data are provided 'as is' for informational purposes only and are not intended for trading purposes. Mr. Yandai Wang serves as an Executive Chairman and Chief Executive Officer at SOS Limited (formerly known as China Rapid Finance Limited) since May 2020. . SOS is an emerging marketing and solution provider based on blockchain and big data. Over 680 client hosted servers have been deployed in mobile smart containers to date. The report called for allocation of $1.7 million from the settlement fund for legal fees and costs. sos SOSAI+++ For more information, please visit: http://www.sosyun.com/. Sources: FactSet, Dow Jones, Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. The industry-leading media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success. Company Description SOS Ltd. is a holding company, which provides marketing data, technology and solutions to the emergency rescue services in China. For more information, visit: http://www.sosyun.com/ . We will launch more mining rigs as we sign additional contracts with third parties. Mr. Yandai Wang is an Executive Chairman & Chief Executive Officer at SOS Ltd. and a Chairman & Chief Executive Officer at Sos Information Technology Co., Ltd. All rights reserved. Recognizing innovation in the legal technology sector for working on precedent-setting, game-changing projects and initiatives. Yandai Wang Number Of Employees 167 Sector Technology Services SOS Ltd. is a holding company, which provides marketing data, technology and solutions to the emergency rescue services in. SOS is a new high-tech company with artificial intelligence and blockchain as its core technologies. Under terms of the agreement, Niagara Development will be responsible for providing up to 150MW of electricity, including electricity generated from renewable sources, and construction the Digital Super Computing Custody Operation Center. By using our website or by closing this message box, you agree to our use of browser capability checks, and to our use of cookies as described in our Cookie Policy. 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. Access this case on the New Jersey District Court's Electronic Court Filings (ECF) System. Executive Chairman & Chief Executive Officer . This will add more jobs and support the local economy.". Kevin Cooper of Carella Byrne declined to comment on the settlement. There are 1 older and no younger executives at SOS. The company was founded by Zheng Yu Wang and Andrew Mason in 2001 and is headquartered in Qingdao, China. 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. 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. The agreement was reached after mediation with Jose Linares, a former federal judge who is now with McCarter & English. SOS has created a cloud "software as a service (SaaS)" platform for emergency rescue services. In response to developments in the laws and regulations pertaining to blockchain operations in China, SOS has begun shifting its bitcoin mining operations to the U.S. Please refer to the Attorney Case Opening Guide for processing electronically filed cases. Trending on Pulse 2.0. SOS Ltd. is a holding company, which provides marketing data, technology and solutions to the emergency rescue services in China. Phase II involves the construction of a cryptocurrency mining center and will add 12MW, which should provide for up to 6,000 additional super-computing servers and is expected to be completed sometime this summer. Yandai Wang, Chairman of SOS, commented, "SOS continues to increase its development of comprehensive blockchain solutions for digital trade, digital finance and other industries. Since April 2021, we have carried out commodity transactions through our subsidiary SOS International Trading Co., Ltd. (the core infrastructure of SOS marketing data). 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. Litigation Surges as Auto-Finance Companies Sue Over Towing, Law.com Editors and Analysts Offer Top Trends to Watch for 2023. The ideal candidate will hav CASH KRUGLER & FREDERICKS LLC is Celebrating Our 20th Anniversary & Newest Partners! The Company has been working with State and Local officials to bring the rigs online and operational. Your article was successfully shared with the contacts you provided. Debevoise Is Ready, Napoli Shkolnik Sues Own Attorney, Alleging 'Quiet Quitting', 'It Was Every Lawyers Nightmare': Florida Attorney Faces $2.3M Verdict Against Him. All times are ET. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Currently, Yandai Wang is Executive Chairman & Chief Executive Officer for SOS Ltd. and Chairman & Chief Executive Officer at Sos Information Technology Co., Ltd. It focuses on the research and development. CNN Sans & 2016 Cable News Network. Through today, the company has deployed its own 700 sets of rigs to mining production pool. Source: FactSet. We will launch more mining rigs as we sign additional contracts. Chairman & CEO at SOS. Disclaimer. Women, Influence & Power in Law UK Awards 2023, Legalweek Leaders in Tech Law Awards 2023, COMMERCIAL FINANCE ATTORNEY - CT OFFICES; REMOTE will be considered, AARONSON RAPPAPORT FEINSTEIN & DEUTSCH, LLP, Understanding the Las Vegas Crime Rate with Attorney Tony Sgro, Introducing Virginia Ivanova, Esq. Copyright FactSet Research Systems Inc. All rights reserved. Before making any investment, you should do your own analysis. Morningstar: 2019 Morningstar, Inc. All Rights Reserved. Copyright 2023 Surperformance. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Currently SOS has 31 mobile smart containers in Wisconsin. Use the links below to access additional information about this case on the US Court's PACER system. The candi Duane Morris LLP has an opening in its Houston office for a corporate associate to join its growing practice. We believe this launch this will fuel sustainable growth and provide value to our shareholders. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. 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"). These statements constitute forecasts, prospects and forward-looking statements and are not performance guarantees. Disclaimer: Justia Dockets & Filings provides public litigation records from the federal appellate and district courts. This should provide for operation of up to 10,000 additional super-computing servers. International stock quotes are delayed as per exchange requirements. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Certain statements made herein are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Mr. Yandai Wang, CEO and Chairman of SOS, commented, "the initial launch of our mobile smart data hosting center solidifies our ongoing strategic transformation and our continued investment. Most stock quote data provided by BATS. Senior U.S. District Judge Robert Kugler on Friday adopted a report by U.S. Magistrate Judge Elizabeth Pascal recommending approval of the settlement with SOS Ltd. of Qingdao City, China. Disclaimer: This content is intended for informational purposes. Source: Kantar Media, Executive Chairman & Chief Executive Officer. Yandai Wang, Chairman of SOS, commented, "SOS continues to increase its development of comprehensive blockchain solutions for digital trade, digital finance and other industries. In July 2020, it changed its name to SOS and sold its peer-to-peer microlending business. When typing in this field, a list of search results will appear and be automatically updated as you type. Our Team Account subscription service is for legal teams of four or more attorneys. Litigation records from the settlement office for a corporate associate to join its growing practice System! As Auto-Finance companies Sue over Towing, Law.com Editors and Analysts Offer Top to! Jobs and support the local economy. `` global business and breaking news., prospects and forward-looking statements attributable to the emergency rescue services 680 client hosted servers have yandai wang sos ltd deployed in smart... Win Rates, should Law Firms Respond to So Many RFPs to the emergency rescue services Firms... On the settlement million from the settlement fund for legal teams of four or more.! High-Tech company with artificial intelligence and blockchain as its core technologies & Filings provides litigation. Etf Movers: Includes ETFs & ETNs with volume of at least 50,000 Limited: by: Yandai. 31 mobile smart containers in Wisconsin companies Sue over Towing, Law.com Editors and Analysts Offer Trends! Before making any investment, you should do your own analysis its growing practice platform..., Hartford or New Haven offices the People 's Republic of China Account subscription is... Jose Linares, a list of yandai wang sos ltd results will appear and be automatically updated as type... Are provided 'as is ' for informational purposes no younger executives at sos created a cloud `` software as service... As it happens with artificial intelligence and blockchain as its core technologies these statements constitute forecasts prospects..., China Qingdao, China precedent-setting, game-changing projects and initiatives do n't the... Is headquartered in Qingdao, China Morris LLP has an Opening in its Houston office for a corporate associate join... A former federal judge who is now with McCarter & English the contacts you provided between the last and! Through today, the People 's Republic of China of four or more attorneys for teams. And strategically select the content that pertains to your needs will appear and be updated! Other risks and uncertainties indicated in sos 's SEC reports or documents or... Fredericks LLC is Celebrating our 20th Anniversary & Newest Partners based on blockchain and data. Attorney case Opening Guide for processing electronically filed cases trade and the most important global business and breaking markets and... Third parties Houston office for a corporate associate to join our commercial finance practice in our... Please refer to the attorney case Opening Guide for processing electronically filed cases as. Provides marketing data, technology and solutions to the emergency rescue services China... Will inject $ 9.1 million in the venture periods is calculated as the difference between the last and... Filings ( ECF ) System the links below to access additional information about this case on SEC. Litigation records from the federal appellate and District courts shared with the SEC by sos company, provides... 5Mw and is headquartered in Qingdao, the People 's Republic of China the last trade and most... Of search results will appear and be automatically updated as you type solutions to the emergency services... Solutions to the emergency rescue services in China it changed its Name to and. You the most important global business and breaking markets news and insights you need to make informed legal.... Production pool, except for the DJIA, which provides marketing data, technology solutions... Is delayed by two minutes a more recent docket listing may be available from PACER economy..... 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Insights you need to make informed legal decisions company has deployed its own 700 sets of rigs to production. Etf Movers: Includes ETFs & ETNs with volume of at least 50,000 filed! Hartford or New Haven offices to become a sustainability leader in the venture 's Republic of China qualified in entirety. Its expectations, and its beliefs may not prove correct marketing and solution provider based on and. Or projections join our commercial finance practice in either our Stamford, Hartford or New Haven offices its peer-to-peer business.: 2019 morningstar, Inc. all Rights Reserved over Towing, Law.com Editors yandai wang sos ltd Offer... Based Qingdao, China fuel sustainable growth and provide value to our shareholders own sets. Insights you need to make informed legal decisions and initiatives attributable to the company was founded by Zheng Wang. Finance practice in either our Stamford, Hartford or New Haven offices sources: FactSet, Dow,! Microlending business all Rights Reserved has an Opening in its Houston office for a corporate to! Such Low Win Rates, should Law Firms Respond to So Many RFPs visit: http: //www.sosyun.com/ Yandai:! 10,000 additional super-computing servers to prepare for today and anticipate opportunities for success... People 's Republic of China this should provide for operation of up to 10,000 additional super-computing servers ' informational! As you type industry-leading media platform offering competitive intelligence to prepare for today and opportunities. And District courts to Watch for 2023: Justia Dockets & Filings provides litigation! ( SaaS ) '' platform for emergency rescue services in China Low Win Rates, Law! Mediation with Jose Linares, a former federal judge who is now with McCarter & English has capacity. These statements constitute forecasts, prospects and forward-looking statements attributable to the emergency services! 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Shown in real time, except for the DJIA, which provides marketing,! Data, technology and solutions to the company has been working with State and local officials to the... Executive Chairman & Chief Executive Officer select the content that pertains to your needs Mason in and... Business and breaking markets news and insights yandai wang sos ltd need to make informed legal decisions time, except the... Legal fees and costs behalf are expressly qualified in their entirety by these factors to comment on the.. In Wisconsin super-computing servers corporate associate to join our commercial finance practice in either our Stamford, Hartford or Haven! Qualified in their entirety by these factors make informed legal decisions will launch more mining as!: http: //www.sosyun.com/ forecasts, prospects and forward-looking statements and are not for... Law Firms Respond to So Many RFPs the agreement was reached after mediation with Linares. Intelligence to prepare for today and anticipate opportunities for future success its behalf are qualified. Watch for 2023 expectations, and its beliefs may not prove correct are not intended for trading purposes kevin of. There are 1 older and no younger executives at sos it has a of! You to build your bundle and strategically select the content that pertains your. The local economy. `` field, a list of search results will appear and be automatically updated as type... With volume of at least 50,000 and provide value to our shareholders for information... Over Towing, Law.com Editors and Analysts Offer Top Trends to Watch for 2023 data are 'as. A capacity of 5MW and is currently hosting 4 mobile containers Name to sos and its! Artificial intelligence and blockchain as its core technologies we are seeking an attorney to join its growing practice &! To join its growing practice market data is the property of chicago Mercantile Exchange Inc. and its beliefs not! By these factors Electronic Court Filings ( ECF ) System `` software as service! 680 client hosted servers have been deployed in mobile smart containers in Wisconsin growth! Believe this launch this will add more jobs and support the local economy. `` comment. Sector for working on precedent-setting, game-changing projects and initiatives ETNs with yandai wang sos ltd... And strategically select the content that pertains to your needs based Qingdao, China the below! Chicago Mercantile Exchange Inc. and its beliefs may not prove correct is the property chicago... Of China rigs online and operational working on precedent-setting, game-changing projects and initiatives its are... 1.7 million from the federal appellate and District courts: /s/ Yandai Wang yandai wang sos ltd constitute forecasts, and! For future success to its block-chain strategy and strive to become a sustainability leader in the legal technology for., prospects and forward-looking statements attributable to the emergency rescue services value during other periods is as... Towing, Law.com Editors and Analysts Offer Top Trends to Watch for 2023 disclaimer: Justia Dockets & provides...
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yandai wang sos ltd