Cosmos Holdings Inc. - FORM 8-K - EX-99.2 - PRO FORMA STOCKHOLDERS' EQUITY - September 20, 2021

Attached files

file filename
EX-99.3 - PRESS RELEASE - Cosmos Holdings Inc.cosm_ex993.htm
EX-99.1 - PRO FORMA BALANCE SHEET - Cosmos Holdings Inc.cosm_ex991.htm
EX-10.3 - NOTE - Cosmos Holdings Inc.cosm_ex103.htm
EX-10.2 - REGISTRATION RIGHTS AGREEMENT - Cosmos Holdings Inc.cosm_ex102.htm
EX-10.1 - SECURITIES PURCHASE AGREEMENT - Cosmos Holdings Inc.cosm_ex101.htm
8-K - FORM 8-K - Cosmos Holdings Inc.cosm_8k.htm

EXHIBIT 99.2

 

Pro Forma Stockholders’ Equity as of September 30, 2021

 

Cosmos Holdings, Inc.

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY

 

Cosmos Holdings Inc. Reports

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other

 

 

 

 

 

Common Stock

 

 

Preferred Stock

 

 

Additional

 

 

Treasury Stock

 

 

 

 

Comprehensive

 

 

Total

 

 

 

No. of Shares

 

 

Value

 

 

No. of Shares

 

 

Value

 

 

Paid-in Capital

 

 

No. of Shares

 

 

Value

 

 

Accumulated
Deficit

 

 

Income

(Loss)

 

 

Stockholders'

Deficit

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at January 1, 2021

 

13,485,128

 

 

 $ 13.484

 

 

 

 -

 

 

 $ -

 

 

 $

 14,333,285

 

 

 

 (415,328 )

 

 $ (611,854 )

 

 $

 (18,750,824

)

 

 $ 854,896

 

 

 $

 (4,161,013

)

Foreign currency translation adjustment, net

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 (473,578 )

 

 

 (473,578 )

Sale of treasury stock to third party

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 249,350

 

 

 

 65,000

 

 

 

 650

 

 

 

 -

 

 

 

 -

 

 

 

 250,000

 

Restricted stock issued to a consultant

 

1,800,000

 

 

 

 1,800

 

 

 

 -

 

 

 

 -

 

 

1,187,650

 

 

 

 

 

 

 

 

 

 

-

 

 

 

-

 

 

1,189,450

 

Conversion of notes payable into shares of common stock

 

 

 781,819

 

 

 

 782

 

 

 

 -

 

 

 

 -

 

 

2,563,582

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

2,564,364

 

Net loss

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

(2,173,903

)

 

 

 -

 

 

(2,173,903

)

Balance at March 31, 2021

 

16,066,947

 

 

 $ 16,066

 

 

 

 -

 

 

 $ -

 

 

 $

 18,333,867

 

 

 

 (350,328 )

 

 $ (611,204 )

 

 $

 (20,924,727

) 

 

 $ 381,318

 

 

 $

 (2,804,680

)

Foreign currency translation adjustment, net

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 284

 

 

 

 284

 

Conversion of related party debt

 

 

 500,000

 

 

 

 500

 

 

 

 -

 

 

 

 -

 

 

2,999,500

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

3,000,000

 

Forgiveness of related party debt

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 600,000

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 600,000

 

Restricted stock issued to a consultant

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

1,968.000

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

1,968,000

 

Net loss

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

(2,379,056

)

 

 

 -

 

 

(2,379,056

)

Balance at June 30, 2021

 

16,566,947

 

 

 

 16,566

 

 

 

 -

 

 

 

 -

 

 

23,901,367

 

 

 

 (350,328 )

 

 

 (611,204 )

 

(23,303,783

)

 

 

 381,602

 

 

 

 384,548

 

Restricted stock issued to a consultant

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 $ -

 

 

 $

 1,968,000

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

1,968,000

 

Conversion of convertible notes into shares of common stock (Platinum $175k conversion of debt at 07.14.2021)

 

 

 55,022

 

 

 

 55

 

 

 

 -

 

 

 

 -

 

 

 

 275,054

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 275,109

 

Conversion of convertible notes into shares of common stock (Platinum $200.5k conversion of debt at 08.16.2021)

 

 

 71,480

 

 

 

 71

 

 

 

 -

 

 

 

 -

 

 

 

 358,041

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 358,112

 

Conversion of loans payable into shares of common stock (RP $1m debt conversion at 07.13.2021)

 

 

 166,667

 

 

 

 167

 

 

 

 -

 

 

 

 -

 

 

 

 999,833

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

1,000,000

 

Conversion of loans payable into shares of common stock (RP $1,25m debt conversion at 07.19.2021)

 

 

 208,333

 

 

 

 208

 

 

 

 -

 

 

 

 -

 

 

1,249,792

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

1,250,000

 

Conversion of notes payable into shares of common stock (Synthesis P2P fund debt conversion of $ 1,606 (€1.35m) at 08.04.2021 )

 

 

 321,300

 

 

 

 321

 

 

 

 -

 

 

 

 -

 

 

1,314,117

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

1,314,438

 

Conversion of notes payable into shares of common stock (Synthesis P2P fund debt conversion of $ 1,19 (€1m) at Nasdaq Appr. )

 

 

 238,095

 

 

 

 238

 

 

 

 -

 

 

 

 -

 

 

1,190,237

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1,190,475

 

Convertible Preferred Stock (Series A)

 

 

 -

 

 

 

 -

 

 

1,250,000

 

 

 

 1,250

 

 

4,998,750

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5,000,000

 

Foreign currency translation adjustment, net

 

 

 -

 

 

 

 -

 

 

 

 

 

 

 

 

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 (16,900 )

 

 

 (16,900 )

Net income / (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1,598,384

)

 

 

 

 

 

(1,598,384

)

Balance at September 30, 2020

 

17,627,843

 

 

 

 17,627

 

 

1,250,000

 

 

 

 1,250

 

 

36,255,190

 

 

 

 (350,328 )

 

 

 (611,204 )

 

(24,902,167

)

 

 

 364,702

 

 

11,125,398