secwatch / observer
8-K filed April 3, 2023, 7:59 PM ET ticker COSG CIK 0001706509
debt confidence high sentiment neutral materiality 0.70

Cosmos Group's 8M borrows HK$190M at 10%, lends same amount to Ta Yang at 24%

Cosmos Group Holdings Inc.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Cosmos Group Holdings Inc. entered into Uncommitted Revolving Term Loan Facility Agreement with Ta Yang Group Holdings Limited valued at HK$190,000,000 (effective 2023-03-28).

Action
entry
Agreement
credit facility
Counterparty
Ta Yang Group Holdings Limited
Value
HK$190,000,000
Effective
2023-03-28
Exact text from the filing
On March 28, 2023, 8M and Ta Yang Group Holdings Limited (“Ta Yang”) entered into an Uncommitted Revolving Term Loan Facility Agreement (the “Facility Agreement”), whereby 8M has agreed to make available to Ta Yang an uncommitted revolving term loan facility in the amount of HK$190,000,000 (the “Facility”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Cosmos Group Holdings Inc. entered into Loan Agreement with JL Investments Capital Limited valued at HK$190,000,000 (effective 2023-03-28).

Action
entry
Agreement
credit facility
Counterparty
JL Investments Capital Limited
Value
HK$190,000,000
Effective
2023-03-28
Exact text from the filing
On March 28, 2023, 8M Limited (“8M”), a fully owned subsidiary of Cosmos Group Holdings Inc. (“COSG”, the “Company”), And JL Investments Capital Limited (“JL Investments”) entered into a Loan Agreement, whereby JL Investments has agreed to make available to 8M a loan in the amount of HK$190,000,000 (the “Loan”).
View on SEC.gov

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Cosmos Group Holdings Inc. filing history →

Source: SEC EDGAR
accession 0001683168-23-002110
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