Limitless X Holdings Inc. Files 8-K: Material Agreement & Equity Sales
Ticker: LIMX · Form: 8-K · Filed: Feb 11, 2025 · CIK: 1803977
Sentiment: neutral
Topics: material-agreement, equity-sale, financials
TL;DR
Limitless X Holdings Inc. signed a big deal & sold stock, filing 8-K on 2/11.
AI Summary
Limitless X Holdings Inc. entered into a material definitive agreement on February 7, 2025. The company also reported unregistered sales of equity securities and filed financial statements and exhibits. The filing was made on February 11, 2025.
Why It Matters
This 8-K filing indicates significant corporate activity, including a new material agreement and equity transactions, which could impact the company's financial structure and future operations.
Risk Assessment
Risk Level: medium — The filing involves material definitive agreements and unregistered sales of equity, which can introduce financial and operational risks.
Key Numbers
- 000-56453 — SEC File Number (Identifies the company's filing history with the SEC.)
- 81-1034163 — IRS Number (Company's Employer Identification Number.)
Key Players & Entities
- Limitless X Holdings Inc. (company) — Registrant
- BIO LAB NATURALS, INC. (company) — Former company name
- February 7, 2025 (date) — Date of earliest event reported
- February 11, 2025 (date) — Filing date
FAQ
What is the nature of the material definitive agreement entered into by Limitless X Holdings Inc.?
The filing does not specify the details of the material definitive agreement, only that one was entered into on February 7, 2025.
What type of equity securities were sold unregistered?
The filing mentions unregistered sales of equity securities but does not provide specific details about the type or amount of securities sold.
When was Limitless X Holdings Inc. previously known as BIO LAB NATURALS, INC.?
The date of the name change from BIO LAB NATURALS, INC. to Limitless X Holdings Inc. was February 19, 2020.
What is the principal executive office address for Limitless X Holdings Inc.?
The principal executive offices are located at 9777 Wilshire Blvd., Suite 400, Beverly Hills, CA 90212.
What are the key items reported in this 8-K filing?
The key items reported are the entry into a material definitive agreement, unregistered sales of equity securities, and financial statements and exhibits.
Filing Stats: 1,276 words · 5 min read · ~4 pages · Grade level 11.9 · Accepted 2025-02-11 06:08:25
Key Financial Figures
- $150,000 — pay-or-play basis, cash compensation of $150,000 per contract year. Additionally, the Co
- $100,000 b — equivalent to the fair market value of $100,000 based on the 30-day volume weighted avera
- $50,000 — ge price. The Company is to pay Blowout $50,000 of Restricted Stock within a reasonable
- $3,000,000 — ettle outstanding debt in the amount of $3,000,000, plus accrued interest the amount of $3
- $375,000 — 00, plus accrued interest the amount of $375,000, for an aggregate debt in the amount of
- $3,3750,000 — for an aggregate debt in the amount of $3,3750,000. The Debt Conversion Agreement is attac
- $0.0001 — Perpetual Preferred Stock, par value of $0.0001 per share ("Series D Stock") to Mr. Mat
- $25.00 — the rate of 15% on the stated value of $25.00 per share of the Series D Preferred Sto
- $3.75 — referred Stock per annum (equivalent to $3.75 per annum per share) (the "Series D Sto
Filing Documents
- form8-k.htm (8-K) — 45KB
- ex10-1.htm (EX-10.1) — 5KB
- ex10-1_001.jpg (GRAPHIC) — 573KB
- ex10-1_002.jpg (GRAPHIC) — 632KB
- ex10-1_003.jpg (GRAPHIC) — 587KB
- ex10-1_004.jpg (GRAPHIC) — 609KB
- ex10-1_005.jpg (GRAPHIC) — 664KB
- ex10-1_006.jpg (GRAPHIC) — 85KB
- 0001493152-25-005776.txt ( ) — 4557KB
- limx-20250207.xsd (EX-101.SCH) — 3KB
- limx-20250207_lab.xml (EX-101.LAB) — 33KB
- limx-20250207_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 10, 2025 By: /s/ Jaspreet Mathur Name: Jaspreet Mathur Title: Chief Executive Officer