Perfect Moment Ltd. (PMNT) Form 8-K — Oct 15, 2026
Perfect Moment Ltd. amended its $10M loan agreement with X3 Higher Moment Fund and Krane Capital on October 9, 2026, increasing the aggregate revolving commitment to $11.5M, with X3 raising its own commitment from $8M to $9.5M. The amendment includes a limited waiver of a Key Person Event Default triggered by the resignation of Chath Weerasinghe and Max Gottschalk's cessation of his usual role at the company.
Key figures
- Debt Amount
- 11500000
- Waiver period weeks
- 6
- Prior principal amount
- 10000000
- X3 commitment increase
- from $8,000,000 to $9,500,000
- Amendment effective date
- 2026-10-09
- Krane capital commitment
- 2000000
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