secwatch.observer — SEC 8-K summary
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Issuer:     Limitless X Holdings Inc. (LIMX)
CIK:        0001803977
Form:       8-K
Filed at:   2025-01-08T23:59:59+00:00
Accession:  0001493152-25-001325
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Limitless X Holdings creates Class C Convertible Preferred Stock
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- Company designated 5,000,000 shares of preferred stock as Class C Convertible Preferred Stock with par value $0.0001.
- Class C ranks junior to Class A and Class B Preferred but senior to common stock on liquidation.
- Each Class C share convertible into 100 common shares at holder's option; conversion capped at 4.99% beneficial ownership.
- Current capital: 7,179,961 common shares outstanding; 500,000 Class A and 531,356 Class B shares issued.
- Class C has no voting rights and no dividends except as required by law.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1803977/000149315225001325/0001493152-25-001325-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1803977/000149315225001325/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-001325

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