# EDGAR Filing Document

**Accession Number:** 0001803977
**File Stem:** 0001493152-26-015866
**Filing Date:** 2026-4
**Character Count:** 15727
**Document Hash:** 4020e096c0f937569d27cfb3466c02d9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-26-015866.hdr.sgml**: 20260409

**ACCESSION NUMBER**: 0001493152-26-015866

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 12

**CONFORMED PERIOD OF REPORT**: 20260408

**ITEM INFORMATION**: Entry into a Material Definitive Agreement

**ITEM INFORMATION**: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

**ITEM INFORMATION**: Unregistered Sales of Equity Securities

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260409

**DATE AS OF CHANGE**: 20260409

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Limitless X Holdings Inc.
- **CENTRAL INDEX KEY:** 0001803977
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 811034163
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-56453
- **FILM NUMBER:** 26851218

**BUSINESS ADDRESS:**
- **STREET 1:** 9777 WILSHIRE BLVD.,
- **STREET 2:** SUITE 400,
- **CITY:** BEVERLY HILLS
- **STATE:** CA
- **ZIP:** 90212
- **BUSINESS PHONE:** 720-273-0433

**MAIL ADDRESS:**
- **STREET 1:** 9777 WILSHIRE BLVD.,
- **STREET 2:** SUITE 400,
- **CITY:** BEVERLY HILLS
- **STATE:** CA
- **ZIP:** 90212

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BIO LAB NATURALS, INC.
- **DATE OF NAME CHANGE:** 20200219

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**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**

April 8, 2026

Date of Report (Date of earliest event reported)

**<u>LIMITLESS X HOLDINGS INC.</u>**

(Exact name of registrant as specified in its charter)

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| | | |
|:---|:---|:---|
| **Delaware** | **000-56453** | **81-1034163** |
| (State or other jurisdiction<br> of incorporation) | (Commission<br> File Number) | (IRS Employer<br> Identification No.) |

---

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| | |
|:---|:---|
| **9777 Wilshire Blvd., #400**<br>**Beverly Hills, CA** | **90212** |
| (Address of principal executive offices) | (Zip Code) |

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**(855) 413-7030**

Registrant's telephone number, including area code

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ 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:

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| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| N/A | N./A | N/A |

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

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 Agreement.**

***Memorandum of Understanding***

On April 8, 2026 (the "Effective Date"), Limitless X Holdings Inc. (the "Company") entered into a binding Memorandum of Understanding for Stock Issuance Settlement (the "MOU") with its Chief Executive Officer and Chairman of the Board of Directors and greater than 10% shareholder in the Company, Jaspreet Mathur ("Mathur"), to clarify and settle certain benefits in the amount of $50,000 previously promised to Mathur under his employment offer letter and related to his efforts to grow the Company's business. The MOU provides for an accord and settlement of all bonus and incentive stock compensation promised to Mathur as part of his offer letter and in connection with acquiring celebrity contracts, without affecting any other obligations or rights under such offer letter or other agreements between the parties.

Pursuant to the MOU, and as consideration for all bonuses and incentives earned by Mathur for meeting milestones on behalf of the Company (including, but not limited to, entering into contracts with high-profile athletes and funding professionals required for public market reporting), the Company agreed to cause to be issued to Mathur a total of 550,000 shares of the Company's Class B Convertible Preferred Stock (the "Class B Preferred Shares"). The Class B Preferred Shares are intended to constitute full compensation for all bonus payments which are or may be owed to Mathur under his offer letter and as previously promised to him to acquire celebrity contracts.

The Class B Preferred Shares will be subject to all terms, conditions and restrictions set forth in the Company's Certificate of Designation of Class B Convertible Preferred Stock, as amended. The Class B Preferred Shares will be restricted securities under the Securities Act of 1933, as amended (the "Securities Act").

*Summary of Terms of Class B Convertible Preferred Stock*

Holders of the Class B Convertible Preferred Stock ("Class B Stock") have no voting rights, except as required by Delaware law. Dividends do not accrue on the Class B Stock. Each share of Class B Stock is entitled to a liquidation preference of $3.00 per share, senior to common stock and junior to the company's Class A preferred stock. Each share of Class B Stock is convertible, at the holder's option, into .067 shares of common stock (initially, one share of Class B Stock converted into two shares of common stock, but was adjusted to conform to the company's December 2022 reverse stock split), subject to a beneficial-ownership cap if, after giving effect to the conversion, the holder (together with its affiliates/attribution parties) would beneficially own more than 4.99% of the outstanding common stock, with the ability to increase that cap to 9.99%. The conversion price/ratio is adjusted for stock dividends, stock splits, combinations and reclassifications.

The foregoing description of the MOU does not purport to be complete and is qualified in its entirety by reference to the full text of the MOU, which is filed herewith as Exhibit 10.1 and incorporated herein by reference.

**Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement.**

To the extent applicable, the information contained in Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference.

**Item 3.02 Unregistered Sales of Equity Securities**

To the extent applicable, the information contained in Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference.

**Item 9.01 Financial Statements and Exhibits.**

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| | |
|:---|:---|
| (d) | Exhibits |
| 10.1 | [Memorandum of Understanding by and between the Company and Jaspreet Mathur dated April 6. 2026](ex10-1.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

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**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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| | | | |
|:---|:---|:---|:---|
| | | **LIMITLESS X HOLDINGS INC.** | **LIMITLESS X HOLDINGS INC.** |
| Date: | April 9, 2026 | By: | */s/ Jaspreet Mathur* |
|  |  | Name: | Jaspreet Mathur |
|  |  | Title: | Chief Executive Officer |

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## Exhibit 10.1

**Exhibit 10.1**

**LIMITLESS X HOLDINGS INC.**

**Memorandum of Understanding**

The following memorandum of understanding provides for an accord and settlement between Limitless X Holdings, Inc. and Jaspreet Mathur to clarify and settle benefits promised in the past as related to the employment offer letter previously entered by and between these parties, with no impact on or affect to other obligations or rights provided in the offer letter or other agreements between the parties including other issuances of stock prior to or following the execution hereof.

**Dated: April 8, 2026 ("Effective Date")**

**WHEREAS**, **LIMITLESS X HOLDINGS INC.,** a Delaware corporation is a publicly traded company and the owner of Limitless X Inc. a company started October 1, 2021 (collectively, "Limitless");

**WHEREAS**, **JASPREET MATHUR** ("Mathur") provided services for the benefit of Limitless from its inception in 2021 through the present date pursuant to an Offer Letter for Mathur to act as CEO and Chairman of the Board of Directors ("the Offer Letter") (Mathur and Limitless are collectively referred to as "the Parties");

**WHEREAS**, Limitless by and through its management team and initial directors made certain promises to Mathur of as part of Mathur's role with Limitless and his efforts to grow the business, with certain milestones justifying issuance of additional common or preferred stock specifically designed to reward Mathur's accomplishment and/ or incentivize further efforts;

**WHEREAS**, Mathur asserts that he has performed and continues to perform all promised milestones, including but not limited to entering a-list athlete contracts and funding all professionals required for public market reporting, which he claims justifies the bonus stock issuance promised to him in or around October 2021 and following the execution of the initial Offer Letter on an ongoing basis; and

**WHEREAS,** the Parties have mutually agreed to settle any and all obligations between themselves as to the amount of the bonuses/incentives owed to Mathur for his efforts, and the form of the stock issuance in order to resolve this issue, pursuant to the terms herein.

**NOW THEREFORE**, the parties hereby agree to the terms of this binding Memorandum of Understanding to serve as full compensation for all bonus payments which are or may be owed to Mathur as part of the Offer Letter and as promised to him to acquire celebrity contracts.

&nbsp;&nbsp;&nbsp;&nbsp;**1.** **Consideration-** As consideration for all bonuses and incentives earned by Mathur for meeting milestones
 on behalf of Limitless, as promised to him in or around October 2021, Limitless shall cause
 to be issued a total of **550,000** shares of LIMX Class B Convertible Preferred stock
 to Mathur. The Parties have agreed that the bonuses and incentives owed to Mathur have an
 aggregate value of approximately $50,000, based on the Company's stock price of $1.25
 as of April 8, 2026, the terms of the Class B Convertible Preferred Stock (including a 0.067
 conversion rate to Common Stock, resulting in approximately 36,850 shares of Common Stock),
 and other relevant factors, and that the issuance of 550,000 shares of Class B Convertible
 Preferred Stock represents fair and reasonable consideration to settle such obligations.
 The issuance will be made within a reasonable time after execution hereof and following preparation
 of the required disclosures and SEC filings.

Page 1 of 3

The stock will be subject to all terms and conditions and restrictions as set forth in the Certificate of Designation of Class B Convertible Preferred Stock and all Certificate of Amendments thereto, and will be subject to all restrictions on transfer under the Securities Act.

&nbsp;&nbsp;&nbsp;&nbsp;**2.** **Due Diligence-** Mathur is familiar with and has reviewed the terms of the Class B Preferred
 Stock, including the key terms of a 0.067 conversion rate to Common Stock, and desires to
 be compensated for all incentives and bonus compensation as set forth above with the issuance
 following execution and regulatory approval.

&nbsp;&nbsp;&nbsp;&nbsp;**3.** **Approvals-** All stock issued per this Agreement is subject to approval of securities counsel and
 the Board of Directors, which shall not be unreasonably withheld or delayed, and shall be
 restricted pursuant to securities laws including but not limited to Rule 144 of the Securities
 Act. Your role on the Board of Directors will prohibit you from voting or encouraging other
 directors to vote on the approval of this Agreement and the issuance provided for.

&nbsp;&nbsp;&nbsp;&nbsp;**4.** **Taxes-** Mathur may be required to pay taxes related to the issuance of stock in these situations.
 These taxes may include, but are not limited to, self-employment taxes, social security taxes,
 state and federal taxes, and any other taxes that you may be subject to. Limitless is not
 obligated to pay any taxes related to Mathur's individual taxes, and Mathur hereby
 indemnifies and holds Limitless harmless from any tax liabilities. Mathur will also be responsible
 to comply with all regulatory and legal restrictions on these shares, and is hereby urged
 to consult with tax and legal professionals prior to executing this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;**5.** **Legal Fees** - The Parties shall be
 responsible for their own attorneys' fees and costs in negotiating and reviewing/finalizing this
 Agreement and the Parties acknowledge having the opportunity to consult with independent legal counsel prior to executing and
 neither has been coerced or forced to execute in any manner. Mathur will be responsible for his own fees in obtaining any opinion
 letter to the conversion and depositing of the issued stock.

&nbsp;&nbsp;&nbsp;&nbsp;**6.** **Miscellaneous Provisions-** 

This Agreement will be considered to have been executed and delivered, and to be performed in the State of Delaware for all purposes including jurisdiction and venue of any proceedings to enforce the Agreement. Each Party waives any argument based on forum non conveniens or similar provisions of law relating to the place of trial. This Note shall be interpreted under Delaware law.

If any provision or any word, term, clause, or part of any provision of this Agreement shall be invalid for any reason, the same shall be ineffective, but the remainder of the Agreement and of the provision shall not be affected and shall remain in full force and effect. To the extent that any term of this Agreement conflicts with any law, the conflicting term shall be limited only to the extent necessary to comply with said law.

Any of the terms or conditions of this Agreement may be waived in writing, but no such waiver shall affect or impair the rights of the parties to require observance, performance, or satisfaction, either of that term or condition as it applies on a subsequent occasion or of any other term or condition of this Agreement.

No modification, assignment, amendment, or waiver of any provisions of this Agreement shall be binding upon any party unless made in writing and signed by that party or by a duly authorized officer or agent that that party. Each party has had the opportunity to consult and/or has consulted with legal counsel prior to executing this Agreement.

Page 2 of 3

IN WITNESS WHEREOF, the parties hereto have executed this Agreement the day and year first above written as the Effective Date.

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| | |
|:---|:---|
|  | */s/ Danielle Young* |
|  | Limitless X Holdings, Inc. |
| By: | Danielle Young, COO |

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| |
|:---|
| */s/ Jaspreet Mathur* |
| Jaspreet Mathur, individually |

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