Cosmos Health Secures $300 million to Launch Ethereum Financial Strategy
2025-08-06 13:39:30
Cosmos Health (NASDAQ: COSM), a publicly traded company, entered into a security purchase agreement with U.S. institutional investors to receive up to $300 million in senior secured convertible promissory note financing. Under the agreement, the company will allocate 72.5% of the net proceeds from the financing to build Ethereum reserves, and the remaining funds will be used for working capital and business development.
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