Perfect Moment Ltd. Announces $3 Million Public Offering to Repay Debt and Fund Corporate Initiatives

Reuters
Jun 27
<a href="https://laohu8.com/S/PMNT">Perfect Moment</a> Ltd. Announces $3 Million Public Offering to Repay Debt and Fund Corporate Initiatives

Perfect Moment Ltd. (NYSE American: PMNT), a prominent luxury skiwear and lifestyle brand, has announced the pricing of its underwritten public offering. The company will offer 10,000,000 shares of its common stock at a price of $0.30 per share, aiming to raise gross proceeds of $3,000,000. The offering is managed by ThinkEquity, acting as the sole book-running manager. An additional option for underwriters to purchase up to 1,500,000 extra shares has been provided for covering over-allotments. The proceeds from this offering are intended for debt repayment, working capital, and general corporate purposes. The offering is anticipated to close on June 30, 2025, pending customary closing conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Perfect Moment Ltd. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250626787938) on June 27, 2025, and is solely responsible for the information contained therein.

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