Cosmos Group Holdings Inc.

04/18/2024 | Press release | Distributed by Public on 04/18/2024 06:09

Material Agreement - Form 8-K

Item 1.01 Entry into a Material Definitive Agreement

On April 16, 2024, Grand Town Development Limited ("Grand Town"), a fully owned subsidiary of Cosmos Group Holdings Inc. ("COSG", the "Company"), And Guangzhou Huangting Meishuguan ("Seller") Entered into four Bought and Sold Agreements, whereby Seller has agreed to sell Grand Town four pieces of collectible items at HKD$ 134,280,000 (approximately USD$17.13 million). The foregoing description of the Bought and Sold Agreement does not purport to be complete and is qualified in its entirety by reference to the complete text of the Agreement, which is incorporated herein by reference and attached hereto as exhibit 10.1.