---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-005022"
form_type: "8-K"
ticker: "LIMX"
cik: "0001803977"
company_name: "Limitless X Holdings Inc."
filed_at: "2025-04-16T23:59:59+00:00"
generated_at: "2026-05-23T13:35:21.290913+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Limitless X converts $6.5M debt owed to CEO into 260K Series D preferred shares

## Summary
- Converted $6,505,368 aggregate debt (principal + interest) owed to CEO Jaspreet Mathur and two controlled entities.
- Issued 260,214 shares of Series D 15% Cumulative Redeemable Perpetual Preferred Stock at $25 per share.
- Debt was in default; conversion includes full release of claims against the company.
- Mathur, as CEO and controlling shareholder, received 243,583 shares for his $6,089,589 debt.
- Two affiliates (Emblaze One, Inc. and EM1 Capital LLC) received 6,127 and 10,504 shares respectively.

## SEC filing metadata
- accession: 0001641172-25-005022
- form_type: 8-K
- ticker: LIMX
- cik: 0001803977
- company_name: Limitless X Holdings Inc.
- filed_at: 2025-04-16T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1803977/000164117225005022/0001641172-25-005022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1803977/000164117225005022/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-005022
- JSON: https://secwatch.observer/filing/0001641172-25-005022.json
- Plain text: https://secwatch.observer/filing/0001641172-25-005022.txt

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