Limitless X Holdings Financials Restated
Ticker: LIMX · Form: 8-K · Filed: Apr 7, 2025 · CIK: 1803977
Sentiment: bearish
Topics: accounting-restatement, financial-reporting, non-reliance
TL;DR
Limitless X Holdings (LX) says don't trust their Nov 1, 2024 financials.
AI Summary
Limitless X Holdings Inc. filed an 8-K on April 7, 2025, to report that its previously issued financial statements for the period ending November 1, 2024, should not be relied upon. This non-reliance is due to issues with the financial statements and potentially the related audit report or interim review. The company was formerly known as BIO LAB NATURALS, INC. and changed its name on February 19, 2020.
Why It Matters
Investors should be aware that past financial reporting by Limitless X Holdings Inc. may be inaccurate, requiring a review of their investment decisions.
Risk Assessment
Risk Level: high — Non-reliance on previously issued financial statements indicates significant accounting or reporting issues that could impact the company's valuation and future prospects.
Key Players & Entities
- Limitless X Holdings Inc. (company) — Registrant
- BIO LAB NATURALS, INC. (company) — Former company name
- 2024-11-01 (date) — Date of earliest event reported
- 20250407 (date) — Filing date
- 20200219 (date) — Date of name change
FAQ
What specific financial statements are affected by the non-reliance statement?
The filing indicates that the financial statements for the period ending November 1, 2024, should not be relied upon.
What is the reason for the non-reliance on the financial statements?
The filing states 'Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review' as an item of information, implying issues with the statements themselves or associated reviews/audits.
When was Limitless X Holdings Inc. previously known by another name?
The company was formerly known as 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 address is 9454 Wilshire Blvd., #400, Beverly Hills, CA 90212.
What is the filing date of this 8-K report?
The filing date is April 7, 2025.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on April 7, 2025 regarding Limitless X Holdings Inc. (LIMX).