---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-013556"
form_type: "8-K"
ticker: "PMNT"
cik: "0001849221"
company_name: "Perfect Moment Ltd."
filed_at: "2026-03-30T23:59:59+00:00"
generated_at: "2026-05-15T08:26:29.612718+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Perfect Moment secures $12M financing: $10M revolver at 12% and $2M equity at $0.33/share

## Summary
- $10M revolving credit facility from Krane Capital ($4M) and X3 Higher Moment Fund ($6M), 24-month term, 12% interest.
- $2M equity investment from Krane Capital at $0.33/share (75% premium to $0.19 close on March 27).
- Proceeds used to repay $3.39M and $1.7M promissory notes to Max Gottschalk and fund working capital.
- Lenders receive warrants: X3 gets 1,864,753 shares at $0.46822; Krane gets 8,276,944 shares at $0.40.
- Equity investment expected to close within a month; loan closed on March 30, 2026.

## SEC filing metadata
- accession: 0001493152-26-013556
- form_type: 8-K
- ticker: PMNT
- cik: 0001849221
- company_name: Perfect Moment Ltd.
- filed_at: 2026-03-30T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849221/000149315226013556/0001493152-26-013556-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849221/000149315226013556/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-013556
- JSON: https://secwatch.observer/filing/0001493152-26-013556.json
- Plain text: https://secwatch.observer/filing/0001493152-26-013556.txt

## Source-grounded claims
- claim_id: 3414de908acbd5dc45a8bdc5146a83c598332cf0
  claim: Perfect Moment Ltd. incurred credit facility of $10,000,000 with X3 Higher Moment Fund LLC and Krane Capital, LLC at 12.0% per annum maturing twenty-four (24) months from the Closing Date.
  evidence_excerpt: On March 30, 2026, Perfect Moment Ltd. (the “Company” or the “Borrower”) entered into a loan agreement (the “Loan”) with X3 Higher Moment Fund LLC as agent for X3 Higher Moment Fund LLC (“X3”) and Krane Capital, LLC (“Krane Capital” and together with X3 the “Lenders”) from time to time party thereto (in such capacity, the “Agent”) in an aggregate principal amount of $10,000,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849221/000149315226013556/0001493152-26-013556-index.htm
- claim_id: 60ace1297540d9366510f80b9525829de09402db
  claim: Perfect Moment Ltd. entered into Loan Agreement with X3 Higher Moment Fund LLC and Krane Capital, LLC valued at $10,000,000 (effective 2026-03-30).
  evidence_excerpt: On March 30, 2026, Perfect Moment Ltd. (the “Company” or the “Borrower”) entered into a loan agreement (the “Loan”) with X3 Higher Moment Fund LLC as agent for X3 Higher Moment Fund LLC (“X3”) and Krane Capital, LLC (“Krane Capital” and together with X3 the “Lenders”) from time to time party thereto (in such capacity, the “Agent”) in an aggregate principal amount of $10,000,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849221/000149315226013556/0001493152-26-013556-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.