secwatch.observer — SEC 8-K summary
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Issuer:     Cosmos Health Inc. (COSM)
CIK:        0001474167
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0001477932-24-002332
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 3.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cosmos Health adopts shareholder rights plan (poison pill) with 20% trigger
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- Board declared dividend of one right per common share outstanding as of April 19, 2024.
- Rights become exercisable (flip-in) if any person acquires 20%+ of voting shares without board approval.
- Exercise price $0.001 per share; each right permits purchase of shares worth twice exercise price upon flip-in.
- Rights redeemable by board at $0.001 per right prior to flip-in event.
- Rights Agreement has five-year term, subject to shareholder ratification.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1474167/000147793224002332/0001477932-24-002332-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1474167/000147793224002332/cosm_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-24-002332

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