Item - 1.01 Entry into a Material Definitive Agreement.
On October 25, 2021, Coinllectibles Private Limited ( "Coinllectibles"), a
subsidiary of Cosmos Group Holdings Inc. (the "Issuer"), and the Issuer entered
into a Sale and Purchase Agreement (the "Hughes Agreement") with Peter David
Hughes ("Hughes"), pursuant to which Coinllectibles agreed to purchase a
collectible art item from Hughes for £260,000, payable through the issuance of
43,633 shares of common stock of the Issuer (the "Hugh Shares"), at a per share
price of $4.00, and £130,000 in cash payable after the collectible art item has
sold by Coinllectibles. The consummation of the Hughes Agreement will occur upon
the issuance of the Hugh Shares to Hughes. The foregoing descriptions of the
Hughes Agreement are not complete and are qualified their its entirety by
reference to the complete text of the Hughes Agreement, which are incorporated
herein by reference and attached hereto as Exhibit 10.1.
On October 25, 2021, Coinllectibles and the Issuer entered into a Sale and
Purchase Agreement (the "Yeo Agreement") with Yeo See Chin Adeline ("Yeo"),
pursuant to which Coinllectibles agreed to purchase a collectible art item from
Yeo for USD $100,000, payable through the issuance of 12,500 shares of common
stock of the Issuer (the "Yeo Shares"), at a per share price of $4.00, and
US$50,000 in cash payable after the collectible art item has been sold by
Coinllectibles. The consummation of the Yeo Agreement will occur upon the
issuance of the Yeo Shares to Yeo. The foregoing descriptions of the Yeo
Agreement are not complete and are qualified their its entirety by reference to
the complete text of the Yeo Agreement, which are incorporated herein by
reference and attached hereto as Exhibit 10.2.
Item - 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Description
10.1 Sale and Purchase Agreement dated October 25, 2021 by and between
Coinllectibles Private Limited and Peter David Hughes.
10.2 Sale and Purchase Agreement dated October 25, 2021 by and between
Coinllectibles Private Limited and Yeo See Chin Adeline.
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