---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-015047"
form_type: "8-K"
ticker: "LIMX"
cik: "0001803977"
company_name: "Limitless X Holdings Inc."
filed_at: "2025-06-13T23:59:59+00:00"
generated_at: "2026-05-19T08:50:25.789900+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Limitless X enters two promissory notes with CEO-controlled entity for up to $100K

## Summary
- Promissory Note 1: $25K principal at 15% interest ($28,750 total), due Dec 9, 2025 or upon $1M financing, proceeds for auditing fees.
- Promissory Note 2: $75K principal at 15% interest ($86,250 total), due Dec 11, 2025 or upon $1M financing; includes 15,000 shares of common stock as additional consideration.
- Only $20,000 advanced on Note 2 as of June 13, 2025; remaining $55,000 to be funded by June 23, 2025.
- Both notes from EM1 Capital LLC, controlled by CEO Jaspreet Mathur, making them related-party transactions.

## SEC filing metadata
- accession: 0001641172-25-015047
- form_type: 8-K
- ticker: LIMX
- cik: 0001803977
- company_name: Limitless X Holdings Inc.
- filed_at: 2025-06-13T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1803977/000164117225015047/0001641172-25-015047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1803977/000164117225015047/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-015047
- JSON: https://secwatch.observer/filing/0001641172-25-015047.json
- Plain text: https://secwatch.observer/filing/0001641172-25-015047.txt

## Key facts
- Debt Financings
  Limitless X Holdings Inc. incurred loan of $25,000.00 with EM1 Capital LLC at 15% fixed maturing (i) December 9, 2025 or (ii) the date on which the Company secures funding of at least $1 million in an offering, whichever comes first.
  - Instrument: loan
  - Principal: $25,000.00
  - Counterparty: EM1 Capital LLC
  - Rate: 15% fixed
  - Maturity: (i) December 9, 2025 or (ii) the date on which the Company secures funding of at least $1 million in an offering, whichever comes first
  - Event: incurrence
  source text: $25,000 Promissory Note and Amendment Effective as of June 9, 2025, EM1 Capital LLC (“EM1”), an entity controlled by Jaspreet Mathur, Chief Executive Officer, Chairman, and a greater than 10% shareholder in Limitless X Holdings Inc. (the “Company”), entered into a promissory note with the Company (together with the Amendment (as defined herein) “Promissory Note 1”) in the amount of $25,000.00 plus accrued interest at the agreed upon rate of 15% fixed equaling the total sum of $28,750 (the “P1 Full Balance”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1803977/000164117225015047/0001641172-25-015047-index.htm
- Debt Financings
  Limitless X Holdings Inc. incurred loan of $75,000.00 with EM1 Capital LLC at 15% fixed maturing (i) December 11, 2025 or (ii) the date on which the Company secures funding of at least $1 million in an offering, whichever comes first.
  - Instrument: loan
  - Principal: $75,000.00
  - Counterparty: EM1 Capital LLC
  - Rate: 15% fixed
  - Maturity: (i) December 11, 2025 or (ii) the date on which the Company secures funding of at least $1 million in an offering, whichever comes first
  - Event: incurrence
  source text: Effective as of June 11, 2025 (“Effective Date”), EM1 entered into a promissory note with the Company (“Promissory Note 2”) in the amount of $75,000.00 plus accrued interest at the agreed upon rate of 15% fixed equaling the total sum of $86,250 (the “P2 Full Balance”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1803977/000164117225015047/0001641172-25-015047-index.htm
- Debt Financings
  Limitless X Holdings Inc. amended loan with EM1 Capital LLC.
  - Instrument: loan
  - Counterparty: EM1 Capital LLC
  - Event: amendment
  source text: Effective June 12, 2025, the Company and EM1 entered into a First Amendment to Promissory Note (the “Amendment”). The effect of the Amendment served to change the governing law provision of Promissory Note 1 from California to Delaware.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1803977/000164117225015047/0001641172-25-015047-index.htm

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