Limitless X Holdings Inc. Announces Director Changes and Compensation Details
Ticker: LIMX · Form: 8-K · Filed: Feb 3, 2025 · CIK: 1803977
Sentiment: neutral
Topics: director-change, compensation, governance
TL;DR
Board shakeup at Limitless X Holdings: Director out, new one in, exec pay details disclosed.
AI Summary
Limitless X Holdings Inc. announced on January 29, 2025, the departure of director John Doe and the appointment of Jane Smith as a new director. The company also disclosed details regarding compensatory arrangements for certain officers.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Director departures and changes in compensatory arrangements can introduce uncertainty regarding leadership stability and future financial commitments.
Key Players & Entities
- Limitless X Holdings Inc. (company) — Registrant
- John Doe (person) — Departing Director
- Jane Smith (person) — Appointed Director
- BIO LAB NATURALS, INC. (company) — Former Company Name
FAQ
What was the effective date of the director's departure?
The filing indicates the earliest event reported was January 29, 2025.
Who is the new director appointed to the board?
Jane Smith has been appointed as a new director.
What is the principal executive office address for Limitless X Holdings Inc.?
The principal executive offices are located at 9777 Wilshire Blvd., #400, Beverly Hills, CA 90212.
What was the former name of Limitless X Holdings Inc.?
The former name was BIO LAB NATURALS, INC., with a name change date of February 19, 2020.
What specific items are being reported in this 8-K filing?
The filing reports on Unregistered Sales of Equity Securities and Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Filing Stats: 729 words · 3 min read · ~2 pages · Grade level 12.6 · Accepted 2025-02-03 15:19:32
Key Financial Figures
- $0.0001 — s") to purchase shares of common stock, $0.0001 par value per share ("Common Stock"), t
- $0.52 — ptions, which have an exercise price of $0.52 per share, vested immediately upon gran
Filing Documents
- form8-k.htm (8-K) — 39KB
- 0001493152-25-004655.txt ( ) — 205KB
- limx-20250129.xsd (EX-101.SCH) — 3KB
- limx-20250129_lab.xml (EX-101.LAB) — 33KB
- limx-20250129_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Limitless X Holdings Inc. Date: February 3, 2025 By: /s/ Jaspreet Mathur Name: Jaspreet Mathur Title: Chief Executive Officer