---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-047258"
form_type: "8-K"
ticker: "PMNT"
cik: "0001849221"
company_name: "Perfect Moment Ltd."
filed_at: "2026-10-15T20:30:30+00:00"
generated_at: "2026-10-15T20:31:07.147576+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.62
calibrated_materiality_score: 0.62
confidence: "high"
source: SEC EDGAR
---

# Perfect Moment lifts X3 loan commitments to $11.5M and wins 6-week waiver after key-person event

## Summary
- Perfect Moment and X3 Higher Moment Fund LLC signed a Second Amendment to Loan Agreement effective October 9, 2026, raising the aggregate revolving commitment to $11,500,000 from $10,000,000.
- X3's own revolving commitment rose from $8,000,000 to $9,500,000, while Krane Capital LLC retains a $2,000,000 commitment under the March 30, 2026 loan agreement.
- The waiver covers a Key Person Event triggered by the resignation of Chath Weerasinghe and the cessation of Max Gottschalk's usual role with the borrower.
- Lenders waived, for six weeks, the related advance restriction and any Section 7.01(p) default; if no approved successor is named, the waiver lapses and an Event of Default is deemed continuing.
- The amendment was signed by President Jane Gottschalk for Perfect Moment and Andrew J. Redleaf as X3 managing member, and is governed by New York law.

## SEC filing metadata
- accession: 0001493152-26-047258
- form_type: 8-K
- ticker: PMNT
- cik: 0001849221
- company_name: Perfect Moment Ltd.
- filed_at: 2026-10-15T20:30:30+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.62
- calibrated_materiality_score: 0.62
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849221/000149315226047258/0001493152-26-047258-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849221/000149315226047258/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-047258
- JSON: https://secwatch.observer/filing/0001493152-26-047258.json
- Plain text: https://secwatch.observer/filing/0001493152-26-047258.txt

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