secwatch.observer — SEC 8-K summary
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Issuer:     Cosmos Group Holdings Inc. (COSG)
CIK:        0001706509
Form:       8-K
Filed at:   2022-01-06T23:59:59+00:00
Accession:  0001640334-22-000038
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
LLM model:  deepseek-v4-flash:cloud@v2

Cosmos Group Holdings enters equity purchase agreement for up to $30M with Williamsburg Venture Holdings
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- Company may sell up to $30M of common stock to Williamsburg over 36 months; purchase price set at 88% of lowest 5-day trading price.
- Maximum put amount capped at $500,000 or 200% of average daily volume per put notice; at least 10 trading days between puts.
- Registration Rights Agreement filed to register shares issuable under the equity line.
- Commitment shares of 100,000 shares issued to Williamsburg as additional consideration.
- Agreement provides capital at a significant discount and may be dilutive to existing shareholders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1706509/000164033422000038/0001640334-22-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1706509/000164033422000038/cosmos_8k.htm
  HTML page:      https://secwatch.observer/filing/0001640334-22-000038

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