STOCK TITAN

Perfect Moment increases loan principal to $11.5M

Perfect Moment Ltd. (PMNT) and X3 Higher Moment Fund LLC entered into a Second Amendment and Limited Waiver to Loan Agreement on October 9, 2026, increasing the loan’s aggregate principal amount from $10,000,000 to $11,500,000.

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Form Type
8-K

Rhea-AI Filing Summary

Perfect Moment Ltd. (PMNT) and X3 Higher Moment Fund LLC entered into a Second Amendment and Limited Waiver to Loan Agreement on October 9, 2026, increasing the loan’s aggregate principal amount from $10,000,000 to $11,500,000.

The underlying loan agreement was entered into on March 30, 2026, with X3 Higher Moment Fund LLC acting as agent for X3 Higher Moment Fund LLC and Krane Capital, LLC.

Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Original aggregate principal amount $10,000,000 Loan agreement entered into March 30, 2026
Amended aggregate principal amount $11,500,000 After the amendment dated October 9, 2026
aggregate principal amount financial
"the aggregate principal amount was increased"
The aggregate principal amount is the total amount of money borrowed through a bond or loan that the borrower promises to repay. It’s like the original price tag on a loan or bond, showing how much money is involved in the deal. This number matters because it indicates the size of the debt and helps investors understand the scale of the borrowing.
Limited Waiver financial
"Second Amendment and Limited Waiver to Loan Agreement"
Loan Agreement financial
"Second Amendment and Limited Waiver to Loan Agreement"
A loan agreement is a formal contract between a borrower and a lender that outlines the terms of a loan, including how much money is borrowed, how and when it will be repaid, and any interest or fees involved. It is like a detailed agreement that ensures both parties understand their responsibilities, helping to prevent misunderstandings. For investors, it provides clarity about the borrower's obligations and the risk involved in lending money.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is PMNT’s amended loan principal amount?

Perfect Moment Ltd. stated that the loan’s aggregate principal amount increased to $11,500,000 from $10,000,000 under the amendment.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): October 9, 2026

 

PERFECT MOMENT LTD.

(Exact name of registrant as specified in its charter)

 

Delaware   001-41930   86-1437114

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

244 5th Ave Ste 1219

New York, NY 10001

(Address of principal executive offices, with zip code)

 

315-615-6156

(Registrant’s telephone number, including area code)

 

 

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.):

 

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, par value $0.0001 per share   PMNT   OTCQB Venture Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR§230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

Emerging growth company ☒

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 1.01 Entry into a Material Definitive Agreement.

 

As previously disclosed, on March 30, 2026, Perfect Moment Ltd. (the “Company”) entered into a loan agreement (the “Loan”) with X3 Higher Moment Fund LLC as agent for X3 Higher Moment Fund LLC (“X3”) and Krane Capital, LLC (“Krane Capital”) in an aggregate principal amount of $10,000,000.

 

On October 9, 2026, the Company and X3 entered into a Second Amendment and Limited Waiver to Loan Agreement (“Amendment”). Pursuant to the Amendment, the aggregate principal amount was increased from $10,000,000 to $11,500,000.

  

The foregoing description of Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment filed as Exhibits 10.1 hereto and incorporated by reference herein.

 

Item 9.01 Financial Statements and Exhibits

 

Exhibits

 

Exhibit No.   Description
10.1   Second Amendment and Limited Waiver to Loan Agreement, dated October 9, 2026
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: October 15, 2026 PERFECT MOMENT LTD.
   
  By: /s/ Jane Gottschalk
    Jane Gottschalk
    President

 

 

 

Filing Exhibits & Attachments

4 documents

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