Perfect Moment (NYSE: PMNT) pushes $3.39M loan due date to Mar 31

Rhea-AI Filing Summary

Perfect Moment Ltd. disclosed that on March 20, 2026 it entered into a Second Further Amended and Restated Promissory Note with its chairman, Max Gottschalk. This note relates to an earlier unsecured loan of $3,389,960 that carries 12% annual interest, payable monthly.

The new agreement extends the loan’s maturity date from March 23, 2026 to March 31, 2026, giving the company slightly more time before repayment of principal and accrued interest is due. A separate unsecured promissory note for $1,700,000, also bearing 12% interest and maturing on August 18, 2030, remains in place. The change is reported as a direct financial obligation.

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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): March 20, 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		NYSE American LLC

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 reported in its Current Report on Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on August 27, 2025, on August 26, 2025, Max Gottschalk (“Gottschalk”), the Chairman of the Board of Perfect Moment Ltd. (the “Company”) extended a total of $5,089,960 in loans to the Company, providing working capital to support product purchases and operations. The loans are evidenced by an unsecured promissory note in the principal sum of $3,389,960 bearing interest at 12% per annum, with interest payable monthly, unpaid principal and interest due and payable on November 8, 2025 (“Note #1”) and an unsecured promissory note in the principal sum of $1,700,000 bearing interest at 12% per annum, with interest payable monthly, unpaid principal and interest due and payable on August 18, 2030.

As previously reported in its Current Report on Form 8-K filed with the SEC on October 31, 2025, on October 30, 2025, Gottschalk and the Company entered into an amended and restated promissory note (the “Amended and Restated Note”) to amend and restate Note #1. The Amended and Restated Note amended the maturity date from November 8, 2025 to March 9, 2026.

As previously reported in its Current Report on Form 8-K filed with the SEC on March 6, 2026, Gottschalk and the Company entered into a further amended and restated promissory note (the “Further Amended and Restated Note”) to amend and restate the Amended and Restated Note. The Further Amended and Restated Note amended the maturity date from March 9, 2026 to March 23, 2026.

On March 20, 2026, Gottschalk and the Company entered into a second further amended and restated promissory note (the “Second Further Amended and Restated Note”) to amend and restate the Further Amended and Restated Note. The Second Further Amended and Restated Note amends the maturity date from March 23, 2026 to March 31, 2026.

The foregoing description of the Second Further Amended and Restated Note does not purport to be complete and is qualified in its entirety by the terms and conditions of the Second Further Amended and Restated Note filed as Exhibit 4.1 hereto and incorporated by reference herein.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The disclosures under Item 1.01 are incorporated here by reference.

Item 9.01 Financial Statements and Exhibits

Exhibits

Exhibit No.		Description
4.1		Second Further Amended and Restated Promissory Note, dated March 20, 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: March 20, 2026	PERFECT MOMENT LTD.
	By:	/s/ Jane Gottschalk
		Jane Gottschalk
		President

FAQ

What did Perfect Moment Ltd. (PMNT) change in its loan agreement?

Perfect Moment Ltd. extended the maturity of a $3,389,960 unsecured promissory note with chairman Max Gottschalk from March 23, 2026 to March 31, 2026. The loan continues to bear 12% annual interest, payable monthly, with principal and interest due at maturity.

How much has Max Gottschalk loaned to Perfect Moment Ltd. (PMNT)?

Max Gottschalk has extended a total of $5,089,960 in loans to Perfect Moment Ltd. This consists of an unsecured promissory note for $3,389,960 maturing March 31, 2026, and a separate unsecured note for $1,700,000 maturing August 18, 2030, both at 12% interest.

What are the key terms of Perfect Moment’s $3,389,960 promissory note?

The $3,389,960 unsecured promissory note bears 12% annual interest, with interest payable monthly. After the March 20, 2026 amendment, all unpaid principal and interest are due on March 31, 2026. The note is owed to chairman Max Gottschalk and is not secured by collateral.

What are the terms of Perfect Moment Ltd.’s $1,700,000 note?

Perfect Moment Ltd. also has an unsecured promissory note in the principal amount of $1,700,000 to Max Gottschalk. It bears 12% annual interest, with interest payable monthly, and the unpaid principal and interest are due and payable on August 18, 2030, under the stated terms.

Why did Perfect Moment Ltd. file this 8-K about its promissory note?

Perfect Moment Ltd. filed this 8-K because entering the Second Further Amended and Restated Promissory Note created or modified a material direct financial obligation. The filing highlights the new March 31, 2026 maturity for the $3,389,960 note and incorporates related disclosure under the direct obligation item.

Who are the key parties involved in Perfect Moment’s loan arrangements?

The key parties are Perfect Moment Ltd. as the borrower and its chairman, Max Gottschalk, as the lender under both unsecured promissory notes. The 8-K is signed on behalf of the company by President Jane Gottschalk, reflecting management’s authorization of the reported amendments.

Filing Exhibits & Attachments

4 documents

Other Documents

• EX-4.1 EX-4.1 20.7 KB
• EX-101 XBRL SCHEMA FILE 3.0 KB
• EX-101 XBRL LABEL FILE 33.4 KB
• EX-101 XBRL PRESENTATION FILE 21.8 KB