secwatch.observer — SEC 8-K summary
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Issuer:     Cosmos Health Inc. (COSM)
CIK:        0001474167
Form:       8-K
Filed at:   2025-08-11T23:59:59+00:00
Accession:  0001477932-25-005628
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cosmos Health closes $8M senior secured convertible note with 9% OID, conversion at $1.05
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- Issued $8M original principal 9% senior secured convertible note to institutional investor on August 7, 2025.
- Note matures August 7, 2027; interest 9% p.a., payable monthly in stock or cash at company's option.
- Conversion price initially $1.05 per share, subject to market price adjustment; beneficial ownership cap 4.99% (up to 9.99%).
- Note ranks senior to all existing and future debt except permitted indebtedness; secured by permitted liens.
- Offered in private placement under Section 4(a)(2); proceeds not specified but typical for general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1474167/000147793225005628/0001477932-25-005628-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1474167/000147793225005628/cosm_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-25-005628

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