Exchange listing client Cosmos Holdings, Inc. is licensed to trade on the Nasdaq
Cosmos Holdings, Inc. begins trading under the symbol “COSM” on Nasdaq Capital Markets
Fort Lauderdale, FL, March 01, 2022 (GLOBE NEWSWIRE) — Exchange Listing LLC announced that its client, Cosmos Holdings, Inc. (NASDAQ:COSM) has been approved for listing on Nasdaq and has begun trading on the Nasdaq Capital Market on February 28, 2022. Based in Greece, Cosmos is an international pharmaceutical company with an exclusive range of nutraceuticals and distributor of branded and generic pharmaceuticals, over-the-counter drugs and medical devices. Exchange Listing advised Cosmos on all aspects of preparing and executing the listing and financing.
Concurrent with the Nasdaq listing, Cosmos completed the closing of a financing and private placement of Series A convertible preferred stock and warrants, raising gross proceeds of $6 million. Previously, Cosmos converted more than $11 million of the company’s debt into equity.
Greg Siokas, President and CEO of Cosmos Holdings, said, “We are very pleased to announce our listing on Nasdaq, which is a major step in creating new opportunities to grow our business and expand our network. worldwide distribution for our proprietary lines of nutraceuticals as well as third-party branded pharmaceuticals.
Not only did the Exchange Listing team advise us through the listing and funding process to meet the required listing metrics for Nasdaq, but Peter Goldstein, CEO of Exchange Listing LLC, served on our advisory board. administration and head of our audit committee. In this capacity, he has been an essential member of the Board of Directors, bringing his leadership and experience to develop and lead strategic and corporate governance initiatives. We would not have reached this landmark Nasdaq trading event today without his hard work, commitment and incredible support throughout this complex experience.
Peter Goldstein, CEO of Exchange Listing, said, “It has been an incredible journey working with Cosmo management and bringing a Greek operational growth company with such a unique business model to NASDAQ. The company’s wide range of exclusive offerings and well-established distribution network can now flourish with the credibility and access to capital and resources of a Nasdaq listing.”
About Exchange Listing, LLC
Exchange Listing offers growing businesses direct access to a one-stop solution for strategic planning and implementation of listing on a leading exchange such as NASDAQ or NYSE in a cost-effective and efficient process. We help our clients go public, whether through an initial public offering, listing on another market, merger or direct offering. We serve as the main point of contact with the stock exchange, investment bankers, lawyers and other service providers. Our founders, strategic partners and advisors are entrepreneurs with a background in investment banking, securities law, corporate governance and business management and have served as officers and directors of public and private companies. We pride ourselves on playing a hands-on role with our customers throughout the registration process.