Cosmos Health Secures up to $300 Million Financing Facility to Launch Ethereum Treasury Strategy
Cosmos Health (NASDAQ:COSM) has secured a significant financing facility of up to $300 million through senior secured convertible promissory notes to launch an Ethereum (ETH) treasury strategy. The agreement, made with a U.S.-based institutional investor, requires the company to allocate at least 72.5% of net proceeds toward building its digital asset treasury reserve.
The initiative includes ETH custody and staking through BitGo Trust Company, with plans to explore blockchain applications in supply chain traceability and wellness programs. The remaining funds will support working capital needs, product development, R&D innovation, and the company's planned expansion into U.S. manufacturing.
Cosmos Health (NASDAQ:COSM) ha ottenuto un importante finanziamento fino a 300 milioni di dollari tramite note convertibili senior garantite, per avviare una strategia di tesoreria basata su Ethereum (ETH). L'accordo, stipulato con un investitore istituzionale statunitense, impone all'azienda di destinare almeno il 72,5% dei proventi netti alla costituzione di una riserva di tesoreria in asset digitali.
L'iniziativa prevede la custodia e lo staking di ETH tramite BitGo Trust Company, con l'intenzione di esplorare applicazioni blockchain nella tracciabilità della catena di approvvigionamento e nei programmi di benessere. I fondi rimanenti saranno destinati a sostenere il capitale circolante, lo sviluppo di prodotti, l'innovazione in R&S e l'espansione prevista dell'azienda nella produzione negli Stati Uniti.
Cosmos Health (NASDAQ:COSM) ha asegurado una financiación significativa de hasta 300 millones de dólares mediante pagarés convertibles senior garantizados para lanzar una estrategia de tesorería en Ethereum (ETH). El acuerdo, realizado con un inversor institucional con sede en EE. UU., exige que la empresa destine al menos el 72,5% de los ingresos netos a la creación de una reserva de tesorería en activos digitales.
La iniciativa incluye la custodia y el staking de ETH a través de BitGo Trust Company, con planes de explorar aplicaciones blockchain en la trazabilidad de la cadena de suministro y programas de bienestar. Los fondos restantes apoyarán las necesidades de capital de trabajo, el desarrollo de productos, la innovación en I+D y la expansión planificada de la empresa en la fabricación en EE. UU.
코스모스 헬스(NASDAQ:COSM)� 시니� 담보 전환 사채� 통해 최대 3� 달러� 대규모 자금 조달� 확보하여 이더리움(ETH) 재무 전략� 시작합니�. 미국� 기반� � 기관 투자자와 체결� 이번 계약은 회사가 순수익의 최소 72.5%� 디지� 자산 재무 준비금 구축� 할당� 것을 요구합니�.
� 계획에는 BitGo Trust Company� 통한 ETH 보관 � 스테이킹� 포함되며, 공급� 추적 � 웰니� 프로그램에서 블록체인 응용� 탐색� 예정입니�. 나머지 자금은 운전자본, 제품 개발, 연구개발 혁신 � 미국 � 제조 확장 계획� 사용됩니�.
Cosmos Health (NASDAQ:COSM) a obtenu un financement important pouvant atteindre 300 millions de dollars via des billets convertibles garantis senior, afin de lancer une stratégie de trésorerie en Ethereum (ETH). L'accord, conclu avec un investisseur institutionnel basé aux États-Unis, oblige la société à consacrer au moins 72,5% des produits nets à la constitution de sa réserve de trésorerie en actifs numériques.
Cette initiative comprend la garde et le staking d'ETH via BitGo Trust Company, avec des projets d'exploration des applications blockchain dans la traçabilité des chaînes d'approvisionnement et les programmes de bien-être. Les fonds restants financeront les besoins en fonds de roulement, le développement de produits, l'innovation en R&D et l'expansion prévue de l'entreprise dans la fabrication aux États-Unis.
Cosmos Health (NASDAQ:COSM) hat eine bedeutende Finanzierung in Höhe von bis zu 300 Millionen US-Dollar durch vorrangige besicherte wandelbare Schuldverschreibungen gesichert, um eine Ethereum (ETH)-Treasury-Strategie zu starten. Die Vereinbarung mit einem institutionellen Investor aus den USA verpflichtet das Unternehmen, mindestens 72,5% der Nettoerlöse in den Aufbau seiner digitalen Asset-Treasury-Reserve zu investieren.
Die Initiative umfasst die Verwahrung und das Staking von ETH über BitGo Trust Company, mit Plänen zur Erforschung von Blockchain-Anwendungen in der Lieferkettennachverfolgung und Wellness-Programmen. Die verbleibenden Mittel unterstützen den Betriebskapitalbedarf, die Produktentwicklung, F&E-Innovationen und die geplante Expansion des Unternehmens in die US-amerikanische Fertigung.
- Secured substantial financing facility of up to $300 million
- Strategic entry into digital assets through Ethereum holdings with potential yield generation
- Diversification of treasury strategy with institutional-grade custody through BitGo
- Additional capital for product development, R&D, and U.S. manufacturing expansion
- Significant debt exposure through convertible notes may lead to future dilution
- High concentration (72.5%) of proceeds allocated to volatile crypto assets
- Substantial pivot from core healthcare business into crypto assets carries execution risks
Insights
Cosmos Health's $300M convertible note facility to acquire Ethereum represents a significant strategic pivot with substantial dilution risk.
Cosmos Health's announcement of a
The most striking aspect is the allocation requirement:
The remaining
Management's framing of this as providing "direct exposure to ETH" for shareholders raises questions - typically, investors seeking cryptocurrency exposure would purchase it directly rather than through a healthcare company. The convertible structure also means the institutional investor providing this capital has downside protection that retail shareholders lack. This appears to be a fundamental business model shift rather than mere financial engineering.
CHICAGO, Aug. 06, 2025 (GLOBE NEWSWIRE) -- (“Cosmos Health� or the “Company�) ), a diversified, vertically integrated global healthcare group, announced today that it has entered into a securities purchase agreement with a U.S.-based institutional investor for the issuance of up to
Key Highlights:
- Strategic accumulation of ETH to enhance long-term shareholder value through increasing ETH-per-share
- ETH assets will be custodied and staked through institutional infrastructure provided by BitGo Trust Company, Inc. (“BitGo�)
- Treasury initiative complements Cosmos Health’s ongoing digital transformation and e-commerce efforts, with potential to explore blockchain use cases in supply chain traceability, wellness incentive programs, and global consumer engagement
- The Company plans to explore additional yield-generating strategies to optimize cash flow and utility from ETH holdings
Greg Siokas, CEO of Cosmos Health, stated: “This financing marks a strategic milestone for Cosmos Health, offering shareholders direct exposure to ETH, currently one of the most widely adopted digital assets in the world. It also provides access to growth capital to support a range of strategic initiatives, including accelerated product development, advanced R&D innovation, enhanced commercial initiatives, and our planned entry into U.S. manufacturing.�
“Our entry into the digital asset space is not a short-term pivot, but part of a broader commitment to innovation,� Greg Siokas continued. “We are confident that the size and flexibility of this facility should position us to deliver long-term, sustainable value for our shareholders.�
Under the terms of the Facility, Cosmos Health is required to allocate at least
Curvature Securities, LLC acted as the sole placement agent in connection with the Facility.
The foregoing description is a summary only and does not purport to be complete. For further information, please refer to Cosmos Health’s Current Report on Form 8-K, which will be available on the Securities and Exchange Commission’s website at .
About Cosmos Health Inc.
Cosmos Health Inc. (Nasdaq:COSM), incorporated in 2009 in Nevada, is a diversified, vertically integrated global healthcare group. The Company owns a portfolio of proprietary pharmaceutical and nutraceutical brands, including Sky Premium Life®, Mediterranation®, bio-bebe®, C-Sept® and C-Scrub®. Through its subsidiary Cana Laboratories S.A., licensed under European Good Manufacturing Practices (GMP) and certified by the European Medicines Agency (EMA), it manufactures pharmaceuticals, food supplements, cosmetics, biocides, and medical devices within the European Union. Cosmos Health also distributes a broad line of pharmaceuticals and parapharmaceuticals, including branded generics and OTC medications, to retail pharmacies and wholesale distributors through its subsidiaries in Greece and the UK. Furthermore, the Company has established R&D partnerships targeting major health disorders such as obesity, diabetes, and cancer, enhanced by artificial intelligence drug repurposing technologies, and focuses on the R&D of novel patented nutraceuticals, specialized root extracts, proprietary complex generics, and innovative OTC products. Cosmos Health has also entered the telehealth space through the acquisition of ZipDoctor, Inc., based in Texas, USA. With a global distribution platform, the Company is currently expanding throughout Europe, Asia, and North America, and has offices and distribution centers in Thessaloniki and Athens, Greece, and in Harlow, UK. More information is available at , , , , , as well as and .
Forward-Looking Statements
With the exception of the historical information contained in this news release, the matters described herein, may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements preceded by, followed by, or that otherwise, include the words "believes," "expects," "anticipates," "intends," "projects," "estimates," "plans" and similar expressions or future or conditional verbs such as "will," "should," "would," "may" and "could", are generally forward-looking in nature and not historical facts, although not all forward-looking statements include the foregoing. Such forward-looking statements include, but are not limited to, the Company’s expectation that accumulation of ETH will enhance long-term shareholder value through increasing ETH-per-share, the Company’s plans to explore additional yield-generating strategies to optimize cash flow and utility from ETH holdings, that the Facility will provide access to growth capital to support a range of strategic initiatives, including accelerated product development, advanced R&D innovation, enhanced commercial initiatives, and the Company’s planned entry into U.S. manufacturing and the anticipated use of proceeds. These statements, involve unknown risks and uncertainties that may individually or materially impact the matters discussed, herein for a variety of reasons that are outside the control of the Company, including, but not limited to, the Company's ability to raise sufficient financing to implement its business plan, and the Company's ability to successfully develop and commercialize its proprietary products and technologies. Readers are cautioned not to place undue reliance on these forward-looking statements, as actual results could differ materially from those described in the forward-looking statements contained herein. Readers are urged to read the risk factors set forth in the Company's filings with the SEC, which are available at the SEC's website (). The Company disclaims any intention or obligation to update, or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Investor Relations Contact:
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