secwatch.observer — SEC 8-K summary
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Issuer:     Cosmos Health Inc. (COSM)
CIK:        0001474167
Form:       8-K
Filed at:   2023-07-25T23:59:59+00:00
Accession:  0001477932-23-005519
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cosmos Health raises $5.25M via registered direct offering and private placement; CEO participates $450K
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- Issued 2,116,936 common shares, 715,323 pre-funded warrants, and 1,935,484 common warrants in a $5.25M offering.
- Combined purchase price per share and warrant was $2.48; common warrant exercise price $2.75, expiring in 5 years.
- CEO Grigorios Siokas invested $450,000 in common shares; no warrants issued to him.
- Existing warrants on 782,610 shares amended: exercise price reduced from $11.50 to $2.75 per share.
- Net proceeds primarily for working capital, general corporate purposes, and funding acquisitions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1474167/000147793223005519/0001477932-23-005519-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1474167/000147793223005519/cosm_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-23-005519

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer