SOS Limited (SOS)

[SilverKnightLV]

OPTION NOTICE FROM THE OCC - REVERSE SPLIT (1-FOR-50) OPTIONS

You can read it for yourself ([https://infomemo.theocc.com/infomemos?number=50643](https://infomemo.theocc.com/infomemos?number=50643&fbclid=IwAR0MUpwFRBn4VS1hoOGka-tRRCYfoi0FCXOaJ2qTMPYb0TFsGVEvfs27IYg)).

**TL;DR: You will own the same number of options at the same strike price. The new deliverable per option is 2 new SOS ADR shares. Pre RS options symbols will change to the SOS1 prefix.**

There's no change to the strike price as it represents the correct number of ADRs to represent the correct number of Class A Shares. It's the number of Class A shares that needs to remain the same.

Your broker might charge you a corporate action fee. I've seen these as high as $38 (might be per option or group of options with same strike and date). You have time to ask. This is not advice, but if the fee is not palatable, you could sell your options pre RS and re-buy post RS. Any loss would be subject to wash sale rules.