Perfect Moment Ltd. announced the completion of two financing transactions totaling approximately $6.6 million.
Chairman Max Gottschalk provided a loan facility of $5,089,960 to support working capital for product purchases and operations.
A strategic equity investment agreement with X Cubed Capital Management resulted in the issuance and sale of common stock shares and a warrant for $1,485,595.
Loan Facility from Chairman
Chairman Max Gottschalk extended loans totaling $5,089,960 to support working capital, with specific terms for repayment and issuance of restricted common stock shares.
Strategic Equity Investment
The Company entered into an agreement with X Cubed Capital Management for the sale of common stock shares and a warrant, raising $1,485,595.
Strengthened Balance Sheet
The financings have positioned Perfect Moment to accelerate growth, demonstrating confidence in the company's strategy and brand potential.
Growth Outlook
With enhanced financial flexibility, Perfect Moment is poised to capitalize on upcoming opportunities and deliver on its growth plan through fiscal 2026.
- Perfect Moment is now funded for upcoming seasons and ready to accelerate growth post strategic initiatives.
- The financing transactions demonstrate strong confidence in the company's strategy and brand potential.
Perfect Moment's recent financings have provided it with enhanced financial flexibility and resources to capitalize on growth opportunities, supporting its expansion plans for fiscal 2026.