secwatch.observer — SEC 8-K summary
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Issuer:     Perfect Moment Ltd. (PMNT)
CIK:        0001849221
Form:       8-K
Filed at:   2025-10-31T23:59:59+00:00
Accession:  0001493152-25-020316
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Perfect Moment extends $3.39M chairman loan maturity to March 2026
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1849221/000149315225020316/0001493152-25-020316-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1849221/000149315225020316/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-020316

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