Promissory Note Payables	3 Months Ended
Mar. 31, 2025
Promissory Note Payables [Abstract]
PROMISSORY NOTE PAYABLES	NOTE 6 – PROMISSORY NOTE PAYABLES On July 1, 2023, the Company entered into several promissory notes agreements (“the Notes”) in relation to the settlement of the consideration from the sale of lending business. The Notes become matured by December 31, 2023. The Company will either repay the Notes holder in cash or convert the Notes to common stock of the Company. The Notes are expected to be repaid by the Company’s common stock, upon the effectiveness of the increase of its authorized share. On March 22, 2024, the board of directors of the Company and certain stockholders holding a majority of the voting rights of its common stock approved by written consent in lieu of a special meeting the taking of all steps necessary to effect the amendment of Articles of Incorporation to increase the Company’s authorized shares from 5,030,000,000 to 505,030,000,000 shares of its common stock, will be effective no earlier than May 4, 2024 (“Corporate Action”). Thereafter, the Company will repay the promissory note payable holders by converting to common stock after the effectiveness of the Corporate Action. The promissory note payables balances were $39,053,735 and $39,053,735 as of March 31, 2025 and December 31, 2024, respectively.

Promissory Note Payables

3 Months Ended

Mar. 31, 2025

NOTE 6 – PROMISSORY NOTE PAYABLES

On July 1, 2023, the Company entered into several promissory notes agreements (“the Notes”) in relation to the settlement of the consideration from the sale of lending business. The Notes become matured by December 31, 2023. The Company will either repay the Notes holder in cash or convert the Notes to common stock of the Company. The Notes are expected to be repaid by the Company’s common stock, upon the effectiveness of the increase of its authorized share.

On March 22, 2024, the board of directors of the Company and certain stockholders holding a majority of the voting rights of its common stock approved by written consent in lieu of a special meeting the taking of all steps necessary to effect the amendment of Articles of Incorporation to increase the Company’s authorized shares from 5,030,000,000 to 505,030,000,000 shares of its common stock, will be effective no earlier than May 4, 2024 (“Corporate Action”). Thereafter, the Company will repay the promissory note payable holders by converting to common stock after the effectiveness of the Corporate Action.

The promissory note payables balances were $39,053,735 and $39,053,735 as of March 31, 2025 and December 31, 2024, respectively.

Cosmos Group Holdings Inc. 10-Q