ET 09:33

Cosmos (COSM) Expands Sky Life Premium Distribution Across Europe, Shares Climb

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Cosmos Holdings Inc. (COSM) expanded distribution of its Sky Life Premium health and wellness plan into multiple European markets on June 5, 2026, triggering a rise in its shares. The rollout extends the plan’s availability to Germany, France, Italy, and Spain through a network of local insurance partnerships, the company said. Sky Life Premium bundles telehealth access, preventive care, and supplement reimbursements into a single subscription. Management expects the expansion to contribute to revenue growth beginning in the third quarter of 2026. Cosmos shares advanced 4.2% to $2.74 in early afternoon trading on the Nasdaq. The stock has gained 18% year-to-date. The company has been diversifying from its legacy wholesale supplement business into branded wellness and insurance-adjacent services since 2025.

EditorTan Wei Jie