secwatch.observer — SEC 8-K summary
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Issuer:     Perfect Moment Ltd. (PMNT)
CIK:        0001849221
Form:       8-K
Filed at:   2025-08-27T23:59:59+00:00
Accession:  0001641172-25-025619
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chairman lends Perfect Moment $5.09M via two notes at 12%; shares issued as compensation
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- Chairman Max Gottschalk extended total loans of $5,089,960 to the Company on August 26, 2025.
- Note A: $3,389,960 at 12% interest, due November 8, 2025. Note B: $1,700,000 at 12% interest, due August 18, 2030.
- Company issued 652,253 restricted shares at $0.46822/share ($305,398 total) as consideration for the loans.
- Proceeds will be used for working capital to support product purchases and operations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1849221/000164117225025619/0001641172-25-025619-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1849221/000164117225025619/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-025619

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