secwatch.observer — SEC 8-K summary
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Issuer:     Cosmos Group Holdings Inc. (COSG)
CIK:        0001706509
Form:       8-K
Filed at:   2021-07-28T23:59:59+00:00
Accession:  0001640334-21-001693
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
LLM model:  deepseek-v4-flash:cloud@v2

Cosmos Group buys 55 art collectibles from director for 180,855 shares
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- Purchases 55 art collectibles for HK$10,344,000, paid via 180,855 common shares.
- Collectibles appraised by Hong Kong International Auction House at HK$12,930,000.
- Seller is director Lee Ying Chiu Herbert; transaction is a related-party deal.
- Fee of 20% of purchase price paid to Coinllectibles Limited for authentication services.
- Agreement includes potential future sale; balance consideration (HK$0) only upon completion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1706509/000164033421001693/0001640334-21-001693-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1706509/000164033421001693/cosmos_8k.htm
  HTML page:      https://secwatch.observer/filing/0001640334-21-001693

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