{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-020272","form_type":"8-K","ticker":"LIMX","cik":"0001803977","company_name":"Limitless X Holdings Inc.","filed_at":"2023-06-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.675110+00:00","generated_at":"2026-06-14T06:44:50.955245+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Limitless X sells Vybe Labs to CEO-owned entity for debt settlement; CEO commits $1M working capital","bullets":["Sold all 5,000 shares of Vybe Labs to CEO-owned Emblaze One in full settlement of $1,167,011 debt.","CEO Jaspreet Mathur committed up to $1,000,000 working capital via convertible notes at 10% interest, one-year term.","Conversion price $1.50/share into Preferred Class B; conversion only upon IPO or change-of-control on Nasdaq/NYSE.","Both transactions are related-party deals approved by disinterested board directors."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-020272","json":"https://secwatch.observer/filing/0001493152-23-020272.json","markdown":"https://secwatch.observer/filing/0001493152-23-020272.md","text":"https://secwatch.observer/filing/0001493152-23-020272.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1803977/000149315223020272/0001493152-23-020272-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1803977/000149315223020272/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T06:44:50.955245+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8cdf7efce91eab52991d1802c0339fe4d0b7a322","claim":"Limitless X Holdings Inc. entered into Funding Commitment Agreement with Jas Mathur valued at up to $1,000,000 (effective 2023-06-03).","evidence_excerpt":"On June 3, 2023, the Company entered into a Funding Commitment Agreement (the “Funding Commitment”) with its Chief Executive Officer and Chairman of the Board of Directors, Jas Mathur, wherein Mr. Mathur committed to provide up to $1,000,000 of working capital to the Company over the next six months.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1803977/000149315223020272/0001493152-23-020272-index.htm","confidence":0.7,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Jas Mathur"},{"label":"Value","value":"up to $1,000,000"},{"label":"Effective","value":"2023-06-03"}],"fact_type":"material_agreement"},{"claim_id":"bd737e46bd9e9ae829b3642515ff018cce2fd54c","claim":"Limitless X Holdings Inc. entered into Agreement for Purchase and Sale of Stock with Emblaze One, Inc. valued at $1,167,011 (effective 2023-06-01).","evidence_excerpt":"On June 1, 2023, Limitless X Holdings Inc. (the “Company”) entered into an Agreement for Purchase and Sale of Stock (the “Vybe Sale Agreement”) with Emblaze One, Inc., a Nevada corporation, (“Emblaze”) wherein the Company sold all 5,000 of its shares of common stock of its wholly owned subsidiary Vybe Labs, Inc., a Delaware corporation (“Vybe”) as full payment and settlement of a debt in the amount of $1,167,011 owed by the Company to Emblaze under two certain Loan Authorization and Agreements dated April 1, 2022, in the principal amount of $237,610 and December 31, 2022, in the principal amount of $929,401 (collectively, the “Notes”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1803977/000149315223020272/0001493152-23-020272-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Emblaze One, Inc."},{"label":"Value","value":"$1,167,011"},{"label":"Effective","value":"2023-06-01"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}