debt
confidence high
sentiment neutral
materiality 0.55
Perfect Moment Ltd. (PMNT): debt financing — Perfect Moment extends $3.39M chairman loan maturity to March 2026
Perfect Moment Ltd.
- Amended and restated $3,389,960 promissory note from Chairman Max Gottschalk to extend maturity from Nov 8, 2025 to Mar 9, 2026.
- Note bears 12% annual interest, payable monthly in cash; all principal and accrued interest due at new maturity.
- Original note was issued Aug 26, 2025; amendment is not a novation but restates terms.
- Extension provides additional working capital runway for product purchases and operations.