Cosmos Health CEO Greg Siokas has acquired 1,466,764 shares, increasing his total ownership to 5,582,066 shares.
Quiver AI Summary
Cosmos Health Inc., a diversified global healthcare company, announced that CEO Greg Siokas has increased his ownership in the company by purchasing 1,466,764 common shares, valued at $526,000, between April 21 and April 24, 2025. This acquisition brings his total ownership to 5,582,066 shares and highlights his commitment to the company, having invested over $1.3 million in the past five months alone. Siokas expressed his pride in the company's growth and future opportunities. Cosmos Health, incorporated in 2009, focuses on pharmaceutical and nutraceutical products, manufacturing, and telehealth services, with a presence in Europe, Asia, and North America. The company emphasizes its innovative R&D efforts and maintains a portfolio of proprietary brands while expanding its global distribution capabilities.
Potential Positives
- CEO Greg Siokas demonstrated strong confidence in the company's future by personally acquiring 1,466,764 common shares valued at $526,000.
- Siokas has invested more than $1.3 million in the past five months, reflecting a significant commitment to the company's growth and development.
- Cosmos Health is actively expanding its global presence and product offerings, which includes R&D partnerships targeting major health disorders and entry into the telehealth market.
Potential Negatives
- The mention of the company's need to raise sufficient financing and the associated risks may raise concerns about its financial stability and ability to execute its business plan.
- The reference to the potential impact of the war in Ukraine on the company's operations and the economy could indicate vulnerability to external geopolitical factors.
- The forward-looking statements include warnings that actual results may differ materially from expectations, signaling uncertainty in the company's future performance.
FAQ
What recent transactions did CEO Greg Siokas conduct?
Greg Siokas acquired 1,466,764 common shares of Cosmos Health, valued at $526,000, between April 21 and April 24, 2025.
How much has Greg Siokas invested in Cosmos Health?
Greg Siokas has invested over $1.3 million in the last five months, totaling more than $18 million since inception.
What is Cosmos Health's core business?
Cosmos Health is a diversified global healthcare group focused on R&D, pharmaceuticals, nutraceuticals, and telehealth services.
Where is Cosmos Health headquartered?
Cosmos Health is incorporated in Nevada and has offices and distribution centers in Greece and the UK.
How can I find more information about Cosmos Health?
More information is available on the Cosmos Health website and various affiliate websites listed in the press release.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$COSM Insider Trading Activity
$COSM insiders have traded $COSM stock on the open market 17 times in the past 6 months. Of those trades, 17 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $COSM stock by insiders over the last 6 months:
- GRIGORIOS SIOKAS (Chief Executive Officer) has made 16 purchases buying 2,777,469 shares for an estimated $1,324,999 and 0 sales.
- GEORGIOS TERZIS (Chief Financial Officer) purchased 85,778 shares for an estimated $49,999
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$COSM Hedge Fund Activity
We have seen 9 institutional investors add shares of $COSM stock to their portfolio, and 5 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ARMISTICE CAPITAL, LLC removed 910,024 shares (-54.9%) from their portfolio in Q4 2024, for an estimated $608,806
- UBS GROUP AG removed 44,151 shares (-38.2%) from their portfolio in Q4 2024, for an estimated $29,537
- GEODE CAPITAL MANAGEMENT, LLC added 43,704 shares (+29.2%) to their portfolio in Q4 2024, for an estimated $29,237
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 42,272 shares (+inf%) to their portfolio in Q4 2024, for an estimated $28,279
- XTX TOPCO LTD added 32,617 shares (+inf%) to their portfolio in Q4 2024, for an estimated $21,820
- VIRTU FINANCIAL LLC added 29,787 shares (+inf%) to their portfolio in Q4 2024, for an estimated $19,927
- HRT FINANCIAL LP added 21,929 shares (+inf%) to their portfolio in Q4 2024, for an estimated $14,670
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
CHICAGO, April 30, 2025 (GLOBE NEWSWIRE) -- Cosmos Health Inc. ("Cosmos Health" or the “Company'') (NASDAQ:COSM) , a diversified, vertically integrated global healthcare group engaged in innovative R&D, owner of proprietary pharmaceutical and nutraceutical brands, manufacturer and distributor of healthcare products, and operator of a telehealth platform, announced today that its CEO, Greg Siokas, has increased his stake in the Company by acquiring a total of 1,466,764 common shares, valued at $526,000, across five transactions between April 21, 2025, and April 24, 2025.
As a result of these transactions, Mr. Siokas now beneficially owns 5,582,066 common shares in Cosmos Health.
Greg Siokas, CEO of Cosmos Health, stated: “Over the past five months alone, I have invested more than $1.3 million, increasing my ownership by over 2.7 million shares and bringing my total investment since inception to more than $18 million. I am proud of what we have accomplished in building a diversified, vertically integrated global health care company, and I am more excited than ever about the opportunities ahead. I remain deeply committed to supporting Cosmos and confident in our efforts to create value for our shareholders.”
Information on Mr. Siokas’s Recent Transactions:
Please refer to the filings on Form 4 filed with the SEC and available on the SEC's website for more information about the nature of the transactions, including details such as “Ownership Form”, “Transaction Date”, “Amount”, “Price”, and other relevant information regarding the shares acquired by Mr. Siokas.
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 www.cosmoshealthinc.com , www.skypremiumlife.com , www.cana.gr , www.zipdoctor.co , www.cloudscreen.gr , as well as LinkedIn and X .
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. 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, the impact of the war in Ukraine, on the Company's business, operations and the economy in general, 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 (
www.sec.gov
). 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:
BDG Communications
[email protected]
+44 207 0971 653