secwatch.observer — SEC 8-K summary
======================================

Issuer:     Limitless X Holdings Inc. (LIMX)
CIK:        0001803977
Form:       8-K
Filed at:   2025-01-27T23:59:59+00:00
Accession:  0001493152-25-003686
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Limitless X enters consulting deal with CEO affiliate, designates Series D preferred stock
--------------------------------------------------------------------------------

- Entered consulting agreement with CEO-owned Limitless Performance Inc.; grant of 133,333 stock options as compensation.
- LPI waived royalty payments under existing license agreement for 3 years through Dec 31, 2027, saving cash outflow.
- Board designated 5M shares of Series D 15% Cumulative Redeemable Perpetual Preferred Stock, $25 stated value.
- Created Audit, Compensation, and Nominating Committees with independent directors; chairs: Iddrissu, Saccomanno, Anderson.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1803977/000149315225003686/0001493152-25-003686-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1803977/000149315225003686/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-003686

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer