secwatch.observer — SEC 8-K summary
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Issuer:     Perfect Moment Ltd. (PMNT)
CIK:        0001849221
Form:       8-K
Filed at:   2026-06-12T21:27:43+00:00
Accession:  0001493152-26-028535
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Perfect Moment delisted from NYSE American; moves to OTC Markets after failing equity compliance
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- NYSE American staff determined company failed to regain minimum stockholders' equity compliance after 18-month plan period; no appeal.
- Common stock to be suspended from NYSE American week of June 15, 2026; trading on OTCQB immediately under same ticker PMNT.
- Company cites cost savings and operational flexibility; will remain subject to SEC periodic reporting requirements.
- Recently secured $10M revolving credit facility to support growth initiatives and working capital needs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1849221/000149315226028535/0001493152-26-028535-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1849221/000149315226028535/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-028535

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