Cosmos Health Inc. (COSM) CEO converts $70K debt into new shares
Rhea-AI Filing Summary
Cosmos Health Inc. CEO Grigorios Siokas converted $70,000 of company debt into 168,472 shares of common stock on December 15, 2025. The shares, described as Exchange Shares under a Debt Exchange Agreement between Siokas and the company, were issued at $0.4155 per share, identified as the fair market value of the stock on that date.
After this transaction, Siokas directly beneficially owned 6,628,457 Cosmos Health common shares. He is listed as a director, chief executive officer, and a more than 10% owner of Cosmos Health Inc.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $.001 | 168,472 | $0.4155 | $70K |
Footnotes (1)
- F1. Pursuant to a debt exchange agreement by and between Grigorios Siokas, the Company's CEO and the Company (the "Debt Exchange Agreement"), dated as of December 15, 2025, these shares are Exchange Shares (as defined in the Debt Exchange Agreement) being acquired by Mr. Siokas at the Exchange Rate (as defined in the Debt Exchange Agreement) of $0.4155 per share, the fair market value of the Common Stock on December 15, 2025, in exchange for a total amount of $70,000 in debt the Company owed to Mr. Siokas.
FAQ
What insider transaction did Cosmos Health Inc. (COSM) report for December 15, 2025?
Cosmos Health Inc. reported that CEO Grigorios Siokas acquired 168,472 shares of common stock on December 15, 2025 through a debt-for-equity exchange.
What is the relationship of Grigorios Siokas to Cosmos Health Inc. (COSM)?
Grigorios Siokas is listed as a director, chief executive officer, and a 10% owner of Cosmos Health Inc.
AI-generated analysis. How Rhea-AI works. Not financial advice.