Home / Going-concern warnings / Cosmos Health Inc.
Filed 2026-04-15 路 Form 10-K 路 Accession 0001477932-26-002278 nano
Price before filing: $0.334 (2026-04-14 close, split/dividend-adjusted)
Market cap at flag: $18.4M (2026-04-15) 路 Latest: $19.9M (2026-10-16)
| Window | COSM | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -9.7% | +6.4% | -16.1% | 2026-05-15 |
| 90 days | -8.1% | +8.5% | -16.6% | 2026-07-14 |
| 180 days | +4.7% | +12.6% | -7.9% | 2026-10-12 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
90 days before the flag: 1 insider bought $485K (4 purchases)
30 days after: none reported.
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2026-01-20 | Siokas Grigorios Chief Executive Officer, Director, 10% owner | Purchase | 353,321 | $0.50 | $175K | no | Form 4 |
| 2026-01-23 | Siokas Grigorios Chief Executive Officer, Director, 10% owner | Purchase | 90,325 | $0.50 | $45K | no | Form 4 |
| 2026-02-11 | Siokas Grigorios Chief Executive Officer, Director, 10% owner | Purchase | 291,262 | $0.41 | $120K | no | Form 4 |
| 2026-02-12 | Siokas Grigorios Chief Executive Officer, Director, 10% owner | Purchase | 388,532 | $0.37 | $145K | no | Form 4 |
| 2026-04-15: red flag filed | |||||||
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2026-01-15 to 2026-05-15. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"Management evaluated the above conditions which raise substantial doubt about the Company's ability to continue as a going concern to determine if it can meet its obligations for the subsequent 12 months from the date of this filing."
Quoted from the filing. Source
The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.
Source: management disclosure in Form 10-K (period 2025-12-31)
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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