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SUBSEQUENT EVENTS
6 Months Ended
Jun. 30, 2023
SUBSEQUENT EVENTS  
SUBSEQUENT EVENTS

NOTE 17 – SUBSEQUENT EVENTS

 

On July 20, 2023 the Company entered into securities purchase agreements with institutional investors for the purchase and sale of 2,116,936 shares of the Company's common stock in a registered direct offering and common warrants to purchase up to 1,935,484 shares of common stock in a concurrent private placement. The offering includes participation from Grigorios Siokas, CEO of Cosmos Health Inc. (without receiving any common warrants), as well as existing shareholders of the Company. The aggregate gross proceeds from the offering were approximately $5.25 million and the net proceeds after deducting agent’s commissions and other offering expenses amounted to $4.8 million.