Perfect Moment Ltd. Files Current Report

TL;DR

PMNT filed an 8-K, no major news yet, keep an eye out.

AI Summary

Perfect Moment Ltd. reported on January 31, 2025, that its Common Stock, trading under the symbol PMNT on the NYSE American LLC, is subject to this current report. The filing does not disclose specific financial transactions or material events beyond the reporting date.

Why It Matters

This 8-K filing indicates that Perfect Moment Ltd. is making a regulatory disclosure. Investors should review the full filing for any specific details that may impact the company's operations or stock.

Risk Assessment

Risk Level: low — The filing is a standard current report without specific material events disclosed, indicating no immediate new risks.

Key Players & Entities

• Perfect Moment Ltd. (company) — Registrant
• January 31, 2025 (date) — Date of earliest event reported
• PMNT (company) — Trading Symbol
• NYSE American LLC (company) — Exchange

FAQ

Key Financial Figures

• $0.0001 — ch registered Common Stock, par value $0.0001 per share PMNT NYSE American LLC

Filing Documents

• form8-k.htm (8-K) — 56KB
• ex10-1.htm (EX-10.1) — 2KB
• ex10-2.htm (EX-10.2) — 12KB
• ex10-3.htm (EX-10.3) — 84KB
• ex10-4.htm (EX-10.4) — 12KB
• ex99-1.htm (EX-99.1) — 27KB
• ex10-1_001.jpg (GRAPHIC) — 630KB
• ex10-1_002.jpg (GRAPHIC) — 527KB
• ex10-2_001.jpg (GRAPHIC) — 294KB
• ex10-2_002.jpg (GRAPHIC) — 632KB
• ex10-2_003.jpg (GRAPHIC) — 801KB
• ex10-2_004.jpg (GRAPHIC) — 1119KB
• ex10-2_005.jpg (GRAPHIC) — 1007KB
• ex10-2_006.jpg (GRAPHIC) — 960KB
• ex10-2_007.jpg (GRAPHIC) — 918KB
• ex10-2_008.jpg (GRAPHIC) — 1010KB
• ex10-2_009.jpg (GRAPHIC) — 1016KB
• ex10-2_010.jpg (GRAPHIC) — 836KB
• ex10-2_011.jpg (GRAPHIC) — 887KB
• ex10-2_012.jpg (GRAPHIC) — 944KB
• ex10-2_013.jpg (GRAPHIC) — 287KB
• ex10-2_014.jpg (GRAPHIC) — 407KB
• 0001493152-25-005241.txt ( ) — 17271KB
• pmnt-20250131.xsd (EX-101.SCH) — 3KB
• pmnt-20250131_lab.xml (EX-101.LAB) — 33KB
• pmnt-20250131_pre.xml (EX-101.PRE) — 24KB
• form8-k_htm.xml (XML) — 4KB

From the Filing

UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 31, 2025 PERFECT MOMENT LTD. (Exact name of registrant as specified in its charter) Delaware 001-41930 86-1437114 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 244 5 th Ave Ste 1219 New York , NY 10001 (Address of principal executive offices, with zip code) 315 - 615-6156 (Registrant's telephone number, including area code) (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.): Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.0001 per share PMNT NYSE American LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 1.01 Entry into a Material Definitive Agreement Consulting Agreement On February 3, 2025, Perfect Moment, Ltd. (the "Company") and Vittorio Giacomelli entered into a consulting agreement (the "Consulting Agreement"), effective February 3, 2025. Mr. Giacomelli will advise and consult the Company with respect to product strategy, product development, and innovation. The engagement of Mr. Giacomelli's services will be on a rolling basis, with a one-month notice period regarding termination during the first year by either the Company or Mr. Giacomeli. For each additional year of service, the termination notice period will increase by one month, with a cap of a three month notice period. As compensation for the services provided, Mr. Giacomeli will receive a fee of CHF 20,000 per month. The description of the Consulting Agreement set forth under this Item 1.01 is qualified in its entirety by reference to the complete terms and conditions of the Consulting Agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference. Contract of Employment On February 3, 2025, the Company entered into an employment agreement (the "Employment Agreement")with Chath Weerasinghe for his service as Chief Financial Officer and Chief Operating Officer of the Company. The terms of Mr. Weerasinghe's Employment Agreement provide for a base salary of 300,000 per year and allow for a performance bonus of up to 50% of Mr. Weerasinghe's annual salary subject to achieving certain performance targets. Additionally, per the terms of the Employment Agreement, Mr. Weerasinghe will receive a sign-on bonus of 20,000, to be paid on Mr. Weerasinghe's start date, February 3, 2025. In addition, Mr. Weerasinghe will be entitled to participate in the Company's 2021 Equity Incentive Plan, with 300,000 restricted stock units (the "RSUs") to be granted as of Mr. Weerasinghe's start date. The RSUs will vest over a period of four years pursuant to a Restricted Stock Unit Agreement, with 75,000 RSUs vesting on the twelve (12) month anniversary of the start date and the remaining RSUs will vest quarterly over three years, with 18,750 RSUs vesting per quarter. The descriptions of the Employment Agreement and the Restricted Stock Unit Agreement set forth under this Item 1.01 are qualified in their entirety by reference to the complete terms and conditions of the Employment Agreement and the Restricted Stock Unit Agreement which are filed as Exhibit 10.2 and Exhibit 10.3, respectively, to this Current Report on Form 8-K and incorporated herein by reference. Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Appointment of Chath Weerasinghe 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

View Full Filing

View this 8-K filing on SEC EDGAR