other material
confidence high
sentiment neutral
materiality 0.75
Cosmos Health raises $32.5M in registered direct offering and private placement at $11.50/unit
Cosmos Health Inc.
- Gross proceeds of ~$32.5M from sale of 2,828,320 shares and warrants at $11.50/unit.
- Each warrant exercisable immediately at $11.50, expires in 5 years; CEO Siokas participated.
- Net proceeds to be used for working capital and general corporate purposes.
- A.G.P./Alliance Global Partners sole placement agent; cash fee of 6.5%.