Perfect Moment prices 10M-share public offering at $0.30/share for $3M gross; insider converts debt to equity

Perfect Moment Ltd.

Public offering of 10,000,000 common shares at $0.30/share yields $3.0M gross proceeds before expenses.
Underwriters granted 45-day option to purchase up to 1,500,000 additional over-allotment shares.
Chairman's entity converts $507,808 promissory note (principal + interest) into 1,692,694 shares at $0.30/share.
Net proceeds to be used for debt repayment, working capital, and general corporate purposes.
Offering closed June 30, 2025; ThinkEquity LLC acted as sole book-running manager.

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