PERFECT MOMENT LTD SEC Filings

Perfect Moment Ltd. furnished an update on its business by announcing it issued a press release with financial results for its fiscal second quarter 2026, which ended on September 30, 2025. The press release is included as Exhibit 99.1.

The information under Item 2.02 (Results of Operations and Financial Condition) and Item 7.01 (Regulation FD Disclosure), including Exhibit 99.1, is furnished, not filed, and therefore is not subject to Section 18 of the Exchange Act or incorporated by reference unless specifically stated.

Perfect Moment Ltd. (PMNT) reported Q2 FY2026 results for the three months ended September 30, 2025. Revenue rose to $4.763 million (up 24% year over year), with gross margin improving to 60.1% from 54.0%. Net loss narrowed to $1.840 million from $2.744 million, and adjusted EBITDA improved to $(0.792) million from $(1.997) million.

Six-month revenue reached $6.235 million (up 30%) with gross margin at 60.2%. Operating cash outflow was $11.138 million. Cash and equivalents were $393 thousand at quarter end, and shareholders’ equity was $981 thousand. Common shares outstanding were 35,221,933 as of November 13, 2025.

The company disclosed substantial doubt about its ability to continue as a going concern given losses and liquidity. It received NYSE American notice of noncompliance with equity requirements and has an accepted plan to regain compliance by June 11, 2026. Subsequent to quarter-end, the company entered into an Equity Line of Credit up to $25,000, which requires shareholder and board approvals. During the period, PMNT completed a $0.30 public offering (net $2.538 million) plus over-allotment (net $83 thousand) and an $1.429 million securities purchase agreement with accompanying warrants.

Perfect Moment Ltd. set January 14, 2026 as the date for its 2026 annual meeting of stockholders, to be held in a virtual‑only format. Stockholders of record as of November 21, 2025 may vote.

Key deadlines: Rule 14a‑8 proposals must be received by November 17, 2025. Director nominations or other business under the bylaws are also due by November 17, 2025. To use the SEC’s universal proxy, the Rule 14a‑19 notice must be postmarked or electronically transmitted by November 15, 2025.

Perfect Moment Ltd. (PMNT) entered an amended and restated promissory note with its Chairman, Max Gottschalk, extending the maturity of a previously issued unsecured note. The $3,389,960 note, which bears 12% annual interest with interest payable monthly, now matures on March 9, 2026, revised from November 8, 2025.

As previously disclosed, Gottschalk provided a total of $5,089,960 in loans to support product purchases and operations, comprising this amended note and a separate $1,700,000 unsecured note bearing 12% interest that is due on August 18, 2030. The company filed the amended note as Exhibit 10.1.

Perfect Moment Ltd. disclosed a material event on an 8-K dated October 7, 2025 reporting that it entered into an Equity Purchase Agreement and a Registration Rights Agreement with an investor. The filing lists those agreements as exhibits but does not include financial terms, the investor's identity, or the number of shares to be issued.

The agreements imply the company has arranged an equity financing framework and registration mechanics to allow resale of issued shares, but specific proceeds, dilution, or timing details are not provided in the disclosed text.

Perfect Moment Ltd. director Adam Z. Epstein reported a grant of 65,758 employee stock options on 10/01/2025. Each option has an exercise price of $0.46 and expires on 10/01/2035. The award vests in four tranches: 16,440 options vest and become exercisable on 12/31/2025, 16,440 on 03/31/2026, 16,439 on 06/30/2026, and 16,439 on 09/30/2026. Following the grant, Mr. Epstein beneficially owns 65,758 underlying common shares via direct ownership of the options. The Form 4 was signed on 10/09/2025.

Andre R. Keijsers, a director of Perfect Moment Ltd. (PMNT), was granted employee stock options totaling 148,958 shares across three option awards. The largest grant—65,758 options—was granted on 10/01/2025 with an exercise price of $0.46, exercisable starting 12/31/2025 and expiring 10/01/2035; that grant vests in four installments (two of 16,440 and two of 16,439) across 12/31/2025 through 09/30/2026. A separate 40,000-option award at $0.48 shows 09/18/2025 with an expiration of 09/17/2035. An earlier 43,200-option award at $4.10 from 10/25/2024 expires 03/04/2034. The Form 4 is filed individually by Keijsers and reflects these non-derivative and derivative option holdings reported as direct ownership.

Perfect Moment Ltd. director Tim Bernd Nixdorf reported receipt of 54,348 restricted stock units (RSUs) under the 2021 Equity Incentive Plan on 10/01/2025. These RSUs are common-stock equivalents that convert into shares upon vesting. The award vests in four equal installments of 13,587 shares on 12/31/2025, 03/31/2026, 06/30/2026 and 09/30/2026. The filing indicates the reporting person is a director and the Form 4 was signed on 10/07/2025. No cash price or exercise terms apply because these are non‑derivative RSU grants; ownership following the grant is reported as 54,348 shares direct beneficial ownership.