Cosmos Health CEO swaps $32K debt for 51,315 COSM shares
Cosmos Health Inc. (COSM) insider Grigorios Siokas increased his stake through a debt-for-equity exchange.
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Rhea-AI Filing Summary
Cosmos Health Inc. (COSM) insider Grigorios Siokas increased his stake through a debt-for-equity exchange. On 11/20/2025, the CEO, director and 10% owner acquired 51,315 shares of common stock at $0.6236 per share. The shares were issued as "Exchange Shares" in satisfaction of $32,000 that the company owed to him under a debt exchange agreement, using the fair market value of the stock on that date.
After this transaction, Siokas beneficially owned 6,271,813 shares held directly. This was a non-cash transaction for the company, converting a payable to equity while increasing the CEO’s direct ownership.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $.001 | 51,315 | $0.6236 | $32K |
Footnotes (1)
- F1. These shares are Exchange Shares being acquired by Grigorios Siokas, the Company's CEO, at the Exchange Rate of $0.6236 per share, the fair market value of the Common Stock on November 20, 2025, as an exchange to a total amount of $32,000 the Company owed to Mr. Siokas, pursuant to a debt exchange agreement between him and the Company.
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