Limitless X Holdings Inc. Enters Material Definitive Agreement
Ticker: LIMX · Form: 8-K · Filed: Dec 16, 2024 · CIK: 1803977
Sentiment: neutral
Topics: material-agreement, financial-obligation, corporate-action
TL;DR
Limitless X Holdings Inc. just signed a big deal, creating a new financial obligation. Details in the filing.
AI Summary
Limitless X Holdings Inc. entered into a material definitive agreement on December 10, 2024. This agreement creates a direct financial obligation for the registrant. The filing also includes financial statements and exhibits related to this event.
Why It Matters
This filing indicates a significant new financial commitment or obligation for Limitless X Holdings Inc., which could impact its financial standing and future operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and creating financial obligations can introduce new risks related to the terms of the agreement and the company's ability to meet them.
Key Players & Entities
- Limitless X Holdings Inc. (company) — Registrant
- December 10, 2024 (date) — Date of earliest event reported
- BIO LAB NATURALS, INC. (company) — Former company name
- 000-56453 (other) — SEC File Number
- 811034163 (other) — IRS Number
FAQ
What is the nature of the material definitive agreement entered into by Limitless X Holdings Inc.?
The filing states that Limitless X Holdings Inc. entered into a material definitive agreement on December 10, 2024, which creates a direct financial obligation for the registrant. Specific details of the agreement are not provided in the excerpt.
When was the report filed?
The report was filed on December 16, 2024.
What was the former name of Limitless X Holdings Inc.?
The former name of Limitless X Holdings Inc. was BIO LAB NATURALS, INC., with a date of name change on February 19, 2020.
What is the principal executive office address for Limitless X Holdings Inc.?
The principal executive office is located at 9454 Wilshire Blvd., #300, Beverly Hills, CA 90212.
What is the SIC code for Limitless X Holdings Inc.?
The Standard Industrial Classification (SIC) code is 7990, which falls under SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION.
Filing Stats: 855 words · 3 min read · ~3 pages · Grade level 12.5 · Accepted 2024-12-16 12:48:43
Key Financial Figures
- $145,000.00 — he "Promissory Note"), in the amount of $145,000.00 plus accrued interest at the agreed upo
- $153,700.00 — of 12% fixed equaling the total sum of $153,700.00 (the "Full Balance"). The Company will
- $1 million — the Company secures funding of at least $1 million in an offering, whichever comes first (
Filing Documents
- form8-k.htm (8-K) — 39KB
- ex10-1.htm (EX-10.1) — 26KB
- 0001493152-24-050148.txt ( ) — 240KB
- limx-20241210.xsd (EX-101.SCH) — 3KB
- limx-20241210_lab.xml (EX-101.LAB) — 33KB
- limx-20241210_pre.xml (EX-101.PRE) — 24KB
- form8-k_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. LIMITLESS X HOLDINGS INC. Date: December 16, 2024 By: /s/ Jaspreet Mathur Name: Jaspreet Mathur Title: Chief Executive Officer