debt
confidence high
sentiment neutral
materiality 0.35
Perfect Moment extends $3.39M Chairman loan maturity to March 23, 2026
Perfect Moment Ltd.
- Further amended promissory note with Chairman Max Gottschalk extends maturity from March 9 to March 23, 2026.
- Loan bears 12% annual interest; principal $3,389,960; separate $1,700,000 note matures in August 2030.
- Extension suggests near-term liquidity need; no new principal advanced.
- Original loans provided working capital for product purchases and operations.