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NASDAQ-listed company Cosmos Health completes $300 million financing, to establish Ethereum reserve

Summary: According to reports, NASDAQ-listed company Cosmos Health (NASDAQ: COSM) has reached a securities purchase agreement with American institutional investors, securing up to $300 million in senior secured convertible note financing. Under the agreement, the company will allocate 72.5% of the net proceeds from the financing to establish an Ethereum reserve, with the remaining funds to ...

According to reports, NASDAQ-listed company Cosmos Health (NASDAQ: COSM) has reached a securities purchase agreement with American institutional investors, securing up to $300 million in senior secured convertible note financing. Under the agreement, the company will allocate 72.5% of the net proceeds from the financing to establish an Ethereum reserve, with the remaining funds to be used for working capital and business development.

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