secwatch.observer — SEC 8-K summary
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Issuer:     Cosmos Group Holdings Inc. (COSG)
CIK:        0001706509
Form:       8-K
Filed at:   2021-10-27T23:59:59+00:00
Accession:  0001640334-21-002643
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
LLM model:  deepseek-v4-flash:cloud@v2

Cosmos Group subsidiary buys two collectible art items for shares and deferred cash
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- Coinllectibles to buy art from Peter David Hughes for £260,000: 43,633 shares at $4.00 + £130,000 cash after resale.
- Coinllectibles buys art from Yeo See Chin Adeline for USD $100,000: 12,500 shares at $4.00 + $50,000 cash after resale.
- Consideration shares valued at $4.00 each; cash portions payable only after the art is sold by Coinllectibles.
- Agreements subject to satisfactory condition and valuation reports; Purchaser can cancel if condition deteriorates.
- Vendor warrants authenticity, originality, and grants waiver of moral rights including minting into a fusion token.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1706509/000164033421002643/0001640334-21-002643-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1706509/000164033421002643/cosmos_8k.htm
  HTML page:      https://secwatch.observer/filing/0001640334-21-002643

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