Limitless X Holdings Secures $100,000 Strategic Funding From Chairman to Strengthen Balance Sheet and Demonstrate Leadership Commitment

Rhea-AI Summary

Limitless X Holdings (OTC: LIMX) has secured a $100,000 bridge loan from EM1 Capital, LLC, an entity owned by Chairman and CEO Jas Mathur. The funding aims to support key operating expenses and strategic initiatives, including legal, audit, and compliance infrastructure.

As part of the transaction, the company issued 20,000 restricted common shares to EM1 Capital under Rule 144. The strategic funding demonstrates leadership's commitment while avoiding toxic financing structures, focusing on preserving long-term shareholder value during a crucial growth phase.

Positive

• Chairman's personal investment demonstrates confidence in company's future
• Funding avoids toxic or highly dilutive financing structures
• Capital will support critical infrastructure and growth initiatives
• Strategic funding enhances operational flexibility and liquidity

Negative

• Small funding amount of only $100,000 may indicate limited financial resources
• Share issuance creates minor dilution for existing shareholders
• Reliance on related-party funding might suggest limited access to traditional financing

Los Angeles, CA, July 08, 2025 (GLOBE NEWSWIRE) -- Limitless X Holdings, Inc. (OTC: LIMX), a multidimensional public company operating at the intersection of health, wellness, entertainment, and complementary high-growth sectors, has completed a $100,000 related-party bridge loan from EM1 Capital, LLC, an entity wholly owned and controlled by Jas Mathur, Chairman and CEO of Limitless X Holdings Inc.

The capital is being deployed to fund key operating expenses and strategic corporate initiatives, including legal, audit, compliance, and other critical infrastructure required to support the Company’s next phase of growth and capital markets engagement.

In connection with the loan, Limitless X Holdings, Inc. issued 20,000 restricted common shares to EM1 Capital, LLC as additional consideration, pursuant to Rule 144 of the Securities Act of 1933.

“This financing reflects my full confidence in the Company’s trajectory and my personal commitment to building Limitless X the right way,” said Jas Mathur, Chairman and CEO. “By avoiding toxic or dilutive funding structures, we’re preserving long-term shareholder value and maintaining alignment at the highest levels of leadership. We’re laying the foundation for scalable growth across all business units.”

This related-party financing enhances liquidity and operational flexibility during a critical phase of strategic execution. It also underscores the Company’s disciplined capital strategy and commitment to long-term value creation for shareholders.

About Limitless X Holdings Inc.

Limitless X Holdings, Inc. (OTCQB: LIMX) is building a dynamic, value-driven ecosystem designed to help individuals "Look Good and Feel Great" by integrating Health, Wellness, Entertainment, Community Building, and Brand Development. Through its wholly owned subsidiary, Limitless X, Inc., the company specializes in Direct-to-Consumer eCommerce, offering innovative products and services that empower people to reinvent themselves and become the best versions of themselves. The company has expanded into the Film and Television sector, with plans to develop and produce content that aligns with its core philosophy of "Feeling Great" and “Satisfied.” Limitless X also intends on expanding into the Real Estate industry by introducing High Performance Healthy Living—residential communities and developments designed to promote wellness, longevity, and lifestyle optimization. Additionally, the company is expanding into Global Distribution and International Markets, aiming to bring its wellness-focused products and lifestyle brands to consumers worldwide. By leveraging advanced online marketing strategies, key relationships, and global reach, Limitless X is positioned to become a household name, delivering unmatched value to customers, driving long-term growth for shareholders, and fostering meaningful connections within communities around the world.

For more information or investor inquiries, visit www.LimitlessX.com

Media Contact:
media@limitlessx.com

Investor Relations Contact:
ir@limitlessx.com

FAQ

How much funding did Limitless X Holdings (LIMX) secure from its Chairman?

Limitless X secured a $100,000 bridge loan from EM1 Capital, LLC, an entity owned by Chairman and CEO Jas Mathur.

What will Limitless X (LIMX) use the $100,000 funding for?

The funding will support key operating expenses and strategic initiatives, including legal, audit, compliance, and other critical infrastructure for growth.

How many shares did Limitless X (LIMX) issue as part of the funding?

The company issued 20,000 restricted common shares to EM1 Capital as additional consideration under Rule 144.

Who provided the strategic funding to Limitless X Holdings (LIMX)?

The funding was provided by EM1 Capital, LLC, an entity wholly owned and controlled by Jas Mathur, the Chairman and CEO of Limitless X Holdings.

What does the LIMX funding indicate about the company's strategy?

The funding demonstrates management's commitment to avoiding toxic financing structures while preserving long-term shareholder value and maintaining leadership alignment.