other material
confidence high
sentiment positive
materiality 0.85
Cosmos Health enters warrant exchange agreement, issues 9.7M new warrants at $0.95
Cosmos Health Inc.
- Holder exercised 4,874,126 December 2023 warrants at reduced price of $0.8701 per share.
- Company issued 9,748,252 new 2024 warrants (Series A & B) exercisable after stockholder approval.
- Series A warrants have 5-year term; Series B warrants have 18-month term; both at $0.95 strike.
- A.G.P./Alliance Global Partners acted as financial advisor for the inducement transaction.
- New warrants are unregistered securities issued under Section 4(a)(2) and Regulation D.