Limitless X proposes $25M offering at $1.25
Limitless X Holdings Inc. proposes to offer 20,000,000 securities at $1.25 each; the aggregate offering price attributed to securities offered on the issuer’s behalf is $25,000,000.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Limitless X Holdings Inc. proposes to offer 20,000,000 securities at $1.25 each; the aggregate offering price attributed to securities offered on the issuer’s behalf is $25,000,000. Estimated net proceeds to the issuer are $22,930,000. Atlas Clearing, Inc. is identified as the selling agent, DealMaker Securities LLC as a selected dealer, and sales commissions are estimated at $1,750,000, or 7% of gross proceeds. A financial table lists total revenue of $119,776 and net income of -$31,754,996.
Filing Explained
As of June 30, 2026, reported cash equaled two days of second-quarter operating cash use.
The amendment reports that 1,046,836 common shares were issued for unpaid wages, along with common shares for consulting and bonus services; those completed issuances increase the share count and reduce existing holders’ percentage ownership absent offsetting changes.
It also lists 1,264,365 Preferred D shares issued in conversion of 304,264 Preferred C shares.
The latest quarterly report showed
Sources and calculations
- Limitless X Holdings Inc. Form 1-A/A (2026-10-26)
- Dilution definition (undated)
- Limitless X Holdings Inc. 2026 second-quarter fundamentals (2026Q2)
- Available liquidity against the last reported quarterly operating outflow, in days at that rate $7,737 / ($346,661 / 91) = 2 days
Key Figures
Key Terms
Regulation A regulatory
aggregate offering price financial
Selling Agent financial
selected dealer financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many securities is LIMX proposing to offer, and at what price?
How much does LIMX estimate it will receive from the offering?
AI-generated analysis. How Rhea-AI works. Not financial advice.