Adam Epstein resigned as Director at Perfect Moment Ltd..
“On June 13, 2026, Adam Epstein notified the Company of his resignation as a director of the Company.”
Perfect Moment Ltd. — fact timeline
Source-grounded facts extracted from Perfect Moment Ltd.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Berndt Hauptkorn resigned as Director at Perfect Moment Ltd..
“On June 12, 2026, Berndt Hauptkorn notified the Company of his resignation as a director of the Company.”
Tim Nixdorff resigned as Director at Perfect Moment Ltd..
“On June 11, 2026, Tim Nixdorff notified the Company of his resignation as a director of the Company.”
Chath Weerasinghe resigned as Chief Financial Officer and Chief Operating Officer at Perfect Moment Ltd..
“On June 11, 2026 (the “Notice Date”), Chath Weerasinghe notified Perfect Moment Ltd. (the “Company”) that he will be resigning from his position as the Company’s Chief Financial Officer, Chief Operating Officer and principal financial and accounting officer, effective three months from the Notice Date in accordance with applicable Swiss law.”
Perfect Moment Ltd. entered into Securities Purchase Agreement with Krane Capital, LLC valued at Issue and sell 6,060,606 shares of Common Stock and warrants to purchase up to 8,276,944 shares of C (effective 2026-03-30).
“As previously disclosed, on March 30, 2026, the Company entered into a Securities Purchase Agreement (the "SPA") with Krane Capital to issue and sell (i) 6,060,606 shares (the "Shares") of Common Stock and (ii) warrants (the "Krane Warrants") to purchase up to 8,276,944 shares of Common Stock, at an exercise price of $0.40 per share.”
Perfect Moment Ltd. issued not specified of warrant to Krane Capital, LLC for pursuant to the SPA.
“the Shares and Krane Warrants to be issued to Krane Capital pursuant to the SPA as set forth under Item 1.01 of this report is incorporated herein by reference under this Item 3.02.”
Perfect Moment Ltd. issued not specified of common stock to Krane Capital, LLC for pursuant to the SPA.
“the Shares and Krane Warrants to be issued to Krane Capital pursuant to the SPA as set forth under Item 1.01 of this report is incorporated herein by reference under this Item 3.02.”
Perfect Moment Ltd. issued 1,864,753 shares of Common Stock of warrant to X3 Higher Moment Fund LLC for pursuant to the Loan Agreement.
“In connection with the Loan, the Company will issue to X3 warrants (the "X3 Warrants") to purchase 1,864,753 shares of the Company's common stock, par value $0.0001 per share (the "Common Stock"), at an exercise price of $0.46822 per share.”
Perfect Moment Ltd. entered into Loan Agreement with X3 Higher Moment Fund LLC and Krane Capital, LLC valued at $10,000,000 (effective 2026-03-30).
“On March 30, 2026, Perfect Moment Ltd. (the “Company” or the “Borrower”) entered into a loan agreement (the “Loan”) with X3 Higher Moment Fund LLC as agent for X3 Higher Moment Fund LLC (“X3”) and Krane Capital, LLC (“Krane Capital” and together with X3 the “Lenders”) from time to time party thereto (in such capacity, the “Agent”) in an aggregate principal amount of $10,000,000.”
Perfect Moment Ltd. incurred credit facility of $10,000,000 with X3 Higher Moment Fund LLC and Krane Capital, LLC at 12.0% per annum maturing twenty-four (24) months from the Closing Date.
“On March 30, 2026, Perfect Moment Ltd. (the “Company” or the “Borrower”) entered into a loan agreement (the “Loan”) with X3 Higher Moment Fund LLC as agent for X3 Higher Moment Fund LLC (“X3”) and Krane Capital, LLC (“Krane Capital” and together with X3 the “Lenders”) from time to time party thereto (in such capacity, the “Agent”) in an aggregate principal amount of $10,000,000.”
Perfect Moment Ltd. amended Second Further Amended and Restated Promissory Note with Max Gottschalk valued at $3,389,960 (effective 2026-03-20).
“On March 20, 2026, Gottschalk and the Company entered into a second further amended and restated promissory note (the “Second Further Amended and Restated Note”) to amend and restate the Further Amended and Restated Note.”
Perfect Moment Ltd. amended loan of $3,389,960 with Max Gottschalk maturing March 31, 2026.
“The Second Further Amended and Restated Note amends the maturity date from March 23, 2026 to March 31, 2026.”
Perfect Moment Ltd. amended Further Amended and Restated Note with Max Gottschalk (effective 2026-03-06).
“On March 6, 2026, Gottschalk and the Company entered into a further amended and restated promissory note (the “Further Amended and Restated Note”) to amend and restate the Amended and Restated Note.”
Perfect Moment Ltd. issued 11,458,306 shares of Common Stock of common stock to holders of Series AA Preferred for Automatic conversion of 924,921 shares of Series AA Preferred.
“Stock (the “Series AA Converted Shares”) to the holders (“Holders”) of Series AA Preferred. The Series AA Converted Shares were issued pursuant to the automatic conversion of 924,921 shares of Series AA Preferred, which constituted all issued and outstanding shares of Series AA Preferred. The Series AA Preferred was originally issued to the Holders pursuant to”
Perfect Moment Ltd. issued number of shares equal to difference between (i) 19.99% of number of shares of Common Stock outstanding as of closing date of conversion of Series AA Preferred of warrant to X3 Higher Moment Fund LLC for Issued as additional warrant without additional consideration.
“Additionally, the Company issued to X3 an additional warrant (“Warrant 2”, together with Amended Warrant 1, the “New Warrants”) to purchase up to an amount of shares of Common Stock (“Warrant 2 Shares”, together with the Warrant 1 Shares, the “Warrant Shares”) equal to the difference between (i) 19.99% of the number of shares of Common Stock of the Company outstanding as of the closing date of the conversion of the 12.00% Series AA Convertible Preferred Stock of the Company (“Series AA Preferred”) and (ii) the Securities.”
Perfect Moment Ltd. issued 3,204,908 shares of Common Stock underlying Warrant 1 of warrant to X3 Higher Moment Fund LLC for No additional consideration; modified warrant as part of Securities Purchase Agreement.
“As such, Warrant 1 has been amended and restated to provide for: (i) preemptive rights of X3 to participate in future financings by the Company, pro rata, except in connection with certain excluded issuances; (ii) the right of X3 to match any proposal to provide equity or debt financing to the Company so long as X3 holds at least 4.99% of the outstanding common stock of the Company; and (iii) weighted average anti-dilution price protection, with customary carve outs including for the excluded issuances (the foregoing, collectively, the “Amended Warrant 1”).”
Perfect Moment Ltd.: Amended Certificate of Incorporation to change Conversion Price and provide for automatic conversion of Series AA Preferred Stock, effective as of 5:00pm E.T. on January 14, 2026 (effective 2026-01-14).
“the Company’s stockholders approved the Certificate of Amendment to the Series AA COD (the “Certificate of Amendment”), to amend the definition of “Conversion Price” to be equal to $0.46822, and to provide for the automatic conversion of the Series AA Preferred, effective as of 5:00pm E.T. on January 14, 2026.”
Perfect Moment Ltd. entered into Securities Purchase Agreement with X3 Higher Moment Fund LLC (effective 2025-08-27).
“On August 27, 2025, Perfect Moment Ltd. (the “Company”) entered into a Securities Purchase Agreement (the “Agreement”) with X3 Higher Moment Fund LLC (the “X3”) to issue and sell (i) 3,172,858 shares (the “Shares”) of common stock, $0.0001 par value per share of the Company (the “Common Stock”) and (ii) a warrant (the “Warrant 1”) to purchase up to 3,204,908 shares of Common Stock”
Perfect Moment Ltd. amended loan with Max Gottschalk maturing November 8, 2025 to March 9, 2026.
“The Amended and Restated Note amends the maturity date from November 8, 2025 to March 9, 2026.”
Perfect Moment Ltd.: The quorum requirement for stockholder meetings was reduced from a majority to 33.3% of voting power (effective 2025-10-07).
“On October 7, 2025, the Board of Directors of Perfect Moment Ltd. (the “Company”) approved an amendment to the Company’s Amended and Restated Bylaws (the “Bylaws”) amending the quorum requirement contained in Section 2.8 of the Bylaws (the “Amendment”) to provide that the holders of thirty-three and one third percent (33.3%) in voting power of the stock issued and outstanding and entitled to vote at a meetings of stockholders, present in person or represented by proxy, shall constitute a quorum for the transaction of business.”
Perfect Moment Ltd. incurred loan of $1,700,000 with Max Gottschalk at 12% per annum maturing August 18, 2030.
“On August 26, 2025, Max Gottschalk, the Chairman of the Board of Perfect Moment Ltd. (the “Company”) extended a total of $5,089,960 in loans to the Company, providing working capital to support product purchases and operations. The loans are evidenced by an unsecured promissory note in the principal sum of $3,389,960 bearing interest at 12% per annum, with interest payable monthly, unpaid principal and interest due and payable on November 8, 2025 and an unsecured promissory note in the principal sum of $1,700,000 bearing interest at 12% per annum, with interest payable monthly, unpaid principal and interest due and payable on August 18, 2030.”
Perfect Moment Ltd. incurred loan of $3,389,960 with Max Gottschalk at 12% per annum maturing November 8, 2025.
“On August 26, 2025, Max Gottschalk, the Chairman of the Board of Perfect Moment Ltd. (the “Company”) extended a total of $5,089,960 in loans to the Company, providing working capital to support product purchases and operations. The loans are evidenced by an unsecured promissory note in the principal sum of $3,389,960 bearing interest at 12% per annum, with interest payable monthly, unpaid principal and interest due and payable on November 8, 2025 and an unsecured promissory note in the principal sum of $1,700,000 bearing interest at 12% per annum, with interest payable monthly, unpaid principal and interest due and payable on August 18, 2030.”
Adam Z. Epstein was elected as director at Perfect Moment Ltd..
“elected Adam Z. Epstein as a director of the Company, effective immediately”
Perfect Moment Ltd.: Filed Certificate of Designations for Series AA Preferred Stock establishing rights, preferences, and terms (effective 2025-03-28).
“On March 28, 2025, the Company filed the Certificate of Designations with the Secretary of State of the State of Delaware to establish the voting rights, powers, preferences and privileges, and the relative, participating, optional or other rights, and the qualifications, limitations or restrictions thereof, of the Series AA Preferred Stock.”
Perfect Moment Ltd. received a nyse_american compliance regained notice regarding board independence.
“March 26, 2025, Max Gottschalk delivered notice of his resignation from the Compensation Committee of the Board (the “Compensation Committee”) and the Nominating and Corporate Governance Committee (the “Nominating Committee”, together with the Compensation Committee, the “Committees”) of Perfect Moment, Ltd., (the “Company”) effective immediately. Mr. Gottschalk will remain the chairman of the Board of Directors. Mr. Gottschalk’s resignation from the Committees is not the result of a disagreement with the Company on any matter relating to its operations, policies or practices, but instead to e”
Perfect Moment Ltd. received a nyse_american deficiency notice notice regarding stockholders equity (rules 1003(a)(i), 1003(a)(ii)).
“March 4, 2025, the Company received a notification (the “Notification”) from the NYSE American stating that the Company is not in compliance with the $2 million stockholders’ equity requirement of Section 1003(a)(i) of the Company Guide. In its Quarterly Report on Form 10-Q for the period ended December 31, 2024, filed with the U.S. Securities and Exchange Commission (the “SEC”) on February 14, 2025, the Company reported stockholders’ equity of $907,000 and losses from continuing operations and/or net losses in three out of its four most recent fiscal years ended March 31, 2024. Pursuant to th”
Jeff Clayborne was terminated as Chief Financial Officer at Perfect Moment Ltd..
“On January 31, 2025, the Company terminated Jeff Clayborne, the prior Chief Financial Officer of the Company.”
Mark Buckley was terminated as Chief Executive Officer at Perfect Moment Ltd..
“On January 31, 2025, the Company terminated Mark Buckley as Chief Executive Officer of the Company.”
Jane Gottschalk was appointed as President at Perfect Moment Ltd..
“On February 3, 2025, the Board of the Company appointed Jane Gottschalk to the role of President of the Company, effective immediately.”
Chath Weerasinghe was appointed as Chief Financial Officer and Chief Operating Officer at Perfect Moment Ltd..
“On February 3, 2025, the Board of Directors (the “Board”) of the Company appointed Chath Weerasinghe as the Company’s Chief Financial Officer and Chief Operating Officer, effective February 3, 2025.”
Perfect Moment Ltd. received a nyse_american deficiency notice notice regarding stockholders equity (rules 1003(a)(ii)).
“December 11, 2024, Perfect Moment Ltd. (the “Company”) received a notification (“Letter”) from the NYSE American LLC (the “NYSE American”) stating that the Company is not in compliance with the minimum stockholders’ equity requirements of Sections 1003(a)(ii) of the NYSE American Company Guide (the “Company Guide”) requiring stockholders’ equity of $4.0 million or more if the Company has reported losses from continuing operations and/or net losses in three of the four most recent fiscal years. As of September 30, 2024, the Company had stockholders’ equity of $2.7 million and has had losses in”
Perfect Moment Ltd. reported three and nine months ended December 31, 2023 results: net income Net income totaled $1.2 million, or $0.23 per basic share and $0.08 per diluted share.
“On March 25, 2024, Perfect Moment Ltd. issued a press release reporting its financial results for the three and nine months ended December 31, 2023.”
Perfect Moment Ltd.: Amended and restated bylaws became effective upon the closing of the IPO (effective 2024-02-12).
“On February 12, 2024, the Company’s Amended and Restated Bylaws (the “Restated Bylaws”) became effective upon the closing of the IPO.”
Perfect Moment Ltd.: Filed an amended and restated certificate of incorporation in connection with the closing of the IPO (effective 2024-02-12).
“On February 9, 2024, the Company filed an amended and restated certificate of incorporation (the “Restated Certificate”) with the Secretary of State of the State of Delaware in connection with the closing of the IPO, which Restated Certificate became effective on February 12, 2024 in connection with the closing of the IPO.”
Perfect Moment Ltd. entered into Underwriting Agreement with ThinkEquity LLC valued at $8,004,000 (effective 2024-02-07).
“On February 7, 2024, Perfect Moment Ltd. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with ThinkEquity LLC, as representative (the “Representative”) of the several underwriters identified therein (the “Underwriters”), relating to the Company’s initial public offering (the “IPO”) of 1,334,000 shares of the Company’s common stock, par value $0.0001 per share (the “Common Stock”).”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.