secwatch.observer — SEC 8-K summary
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Issuer:     Perfect Moment Ltd. (PMNT)
CIK:        0001849221
Form:       8-K
Filed at:   2024-12-17T23:59:59+00:00
Accession:  0001493152-24-050434
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Perfect Moment receives NYSE American delisting notice for equity deficiency
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- Stockholders' equity of $2.7M as of Sep 30, 2024, below the $4.0M minimum required.
- Company has reported losses in three most recent fiscal years ended March 31, 2024.
- Must submit a compliance plan by January 10, 2025; cure deadline is June 11, 2026.
- NYSE American will review plan; if rejected, delisting proceedings will commence.
- No immediate impact on listing or trading of PMNT common stock.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1849221/000149315224050434/0001493152-24-050434-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1849221/000149315224050434/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-050434

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