secwatch.observer — SEC 8-K summary
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Issuer:     Perfect Moment Ltd. (PMNT)
CIK:        0001849221
Form:       8-K
Filed at:   2026-05-12T21:00:34+00:00
Accession:  0001493152-26-022520
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Perfect Moment issues 6.06M shares at $0.33, warrants at $0.40-$0.47 to X3 and Krane
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- On May 8, 2026, Perfect Moment issued 6,060,606 shares of common stock to Krane Capital at $0.33/share.
- Issued X3 warrants to purchase 1,864,753 shares at $0.46822/share, and Krane warrants for 8,276,944 shares at $0.40/share.
- All warrants expire August 27, 2028; shares and warrants were issued under previously disclosed $10M loan and SPA.
- Securities issued under Section 4(a)(2) exemption from registration.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1849221/000149315226022520/0001493152-26-022520-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1849221/000149315226022520/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-022520

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