# EDGAR Filing Document

**Accession Number:** 0001849221
**File Stem:** 0001641172-25-025619
**Filing Date:** 2025-8
**Character Count:** 17067
**Document Hash:** 683bf16234694f5542c4fe259acdd1d8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001641172-25-025619.hdr.sgml**: 20250827

**ACCESSION NUMBER**: 0001641172-25-025619

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20250826

**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**: 20250827

**DATE AS OF CHANGE**: 20250826

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Perfect Moment Ltd.
- **CENTRAL INDEX KEY:** 0001849221
- **STANDARD INDUSTRIAL CLASSIFICATION:** APPAREL & OTHER FINISHED PRODS OF FABRICS & SIMILAR MATERIAL [2300]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 861437114
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-41930
- **FILM NUMBER:** 251259479

**BUSINESS ADDRESS:**
- **STREET 1:** 244 FIFTH AVENUE
- **STREET 2:** SUITE 1219
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10001
- **BUSINESS PHONE:** 315-615-6156

**MAIL ADDRESS:**
- **STREET 1:** 244 FIFTH AVENUE
- **STREET 2:** SUITE 1219
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10001

?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**

Date of Report (Date of earliest event reported): August 26, 2025

**PERFECT MOMENT LTD.**

(Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Delaware** | **001-41930** | **86-1437114** |
| (State or other jurisdiction<br> of incorporation) | (Commission<br> File Number) | (IRS Employer<br> Identification No.) |

---

**244 5th 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 CFR§230.405) 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.**

On August 26, 2025, Max Gottschalk, the Chairman of the Board of Perfect Moment Ltd. (the "Company") extended a total of $5,089,960 in loans to the Company, providing working capital to support product purchases and operations. The loans are evidenced by an unsecured promissory note in the principal sum of $3,389,960 bearing interest at 12% per annum, with interest payable monthly, unpaid principal and interest due and payable on November 8, 2025 and an unsecured promissory note in the principal sum of $1,700,000 bearing interest at 12% per annum, with interest payable monthly, unpaid principal and interest due and payable on August 18, 2030.

In consideration for supplying these loans, the Company issued Mr. Gottschalk $305,398 of shares of the Company restricted common stock at a per share price of $0.46822, which represents the average closing price of the Company's common stock as reported on the NYSE American for the five trading days immediately preceding the signing of the notes or an aggregate of 652,253 shares.

The foregoing descriptions of the notes do not purport to be complete and are qualified in their entirety by the terms and conditions of the notes filed as Exhibit 10.1 and Exhibit 10.2, respectively, hereto and incorporated by reference herein.

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

The disclosures under Item 1.01 are incorporated here by reference.

**Item 3.02 Unregistered Sales of Equity Securities.**

The disclosures under Item 1.01 are incorporated here by reference.

**Item 9.01 Financial Statements and Exhibits**

*Exhibits*

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 10.1 | [Promissory Note, Dated August 26, 2025](ex10-1.htm) |
| 10.2 | [Promissory Note, Dated August 26, 2025](ex10-2.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

**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.

---

| | | |
|:---|:---|:---|
| Date: August 26, 2025 | **PERFECT MOMENT LTD.** | **PERFECT MOMENT LTD.** |
|  | By: | */s/ Jane Gottschalk* |
|  |  | Jane Gottschalk |
|  |  | President |

---

## Exhibit 10.1

**Exhibit 10.1**

**PROMISSORY NOTE**

---

| | |
|:---|:---|
| **US$1,700,000.00** | Issue Date: August 26, 2025 |

---

For value received, Perfect Moment Ltd., a Delaware corporation (referred to as the "**Obligor**"), promises to pay Max Gottschalk and Jane Gottschalk or their assigns (collectively, "**Holder**"), the principal sum of US$1,700,000.00 ("**Principal**"), together with interest on the unpaid portion of said Principal amount from the date hereof until paid at the rate of 12.00% (computed on the actual days outstanding and based on a 360-day year) (the "**Note**").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. This Note shall be repayable as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) <u>Payment Schedule and Maturity Date</u>. The Obligor shall pay interest to the Holder on the aggregate outstanding principal amount of this Note at the rate of 12.00% per annum. Accrued interest shall be payable monthly, in cash, on the last calendar day of each month, beginning September 30, 2025, and ending on August 18, 2030 ("**Maturity Date**") (each, an "**Interest Payment Date**"). All outstanding Principal and any accrued but unpaid interest (and any other amounts owed) shall be due and payable on the Maturity Date. If any Interest Payment Date (including the Maturity Date) is not a Business Day, then the applicable payment shall be due on the next succeeding Business Day.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) <u>Interest Calculations</u>. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest and other amounts which may become due hereunder, has been made.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) All payments shall be made by check at the executive offices of the Holder, by wire transfer of immediately available funds to an account at a bank designated in writing by the Holder or by other consideration acceptable to the Holder. All payments shall be applied first to accrued interest and thereafter to Principal.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. This Note may be prepaid in whole or in part at any time, without penalty or premium of any kind. All prepayments made by Obliger under this Note shall be paid pursuant to Section 1(c) above.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Upon the occurrence of any Event of Default (as defined below) and during its continuance, the Holder, at their option and upon written notice to the Obligor (which notice is not required in the case of an Event of Default under Sections 4(c) or 4(d) below), may declare this Note to be immediately due and payable. All Principal, together with all accrued and unpaid interest, shall become due and payable immediately. Payments shall be applied first to accrued interest and then to Principal. An "**Event of Default**" shall occur if any of the following events takes place: (a) the Obligor fails to timely pay any Principal due under this Note on the date it becomes due and payable, or if such date is not a business day, the next business day thereafter; (b) the Obligor admits inability to pay debts as they become due; (c) the Obligor files any petition or action for relief under bankruptcy, reorganization, insolvency, moratorium, or any other law for the relief of, or relating to, debtors, now or hereafter in effect, or makes any assignment for the benefit of creditors or takes any action in furtherance of any of the foregoing; or (d) an involuntary petition is filed against the Obligor (unless such petition is dismissed or discharged within sixty (60) days under any bankruptcy statute now or hereafter in effect), or a custodian, receiver, trustee, assignee for the benefit of creditors, or similar official is appointed to take possession, custody, or control of any property of the Obligor.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. This Note shall be binding upon and inure to the benefit of the Obligor and the Holder and their respective successors and permitted assigns. The Holder may assign this Note in whole or in part with or without recourse without the consent of the Obligor. The Obligor may not assign or transfer any interest hereunder.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. **THIS NOTE, AND ALL DISPUTES AND CONTROVERSIES ARISING HEREFROM OR RELATED HERETO, SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF DELAWARE WITHOUT GIVING EFFECT TO PRINCIPLES OF CONFLICTS OF LAWS THAT WOULD APPLY TO ANY OTHER LAW**.

IN WITNESS WHEREOF, Obliger and Holder have executed this Promissory Note as of the date first written above.

---

| | |
|:---|:---|
| **OBLIGOR:** | **OBLIGOR:** |
| PERFECT MOMENT LTD. | PERFECT MOMENT LTD. |
| By: | /s/ Chath Weerasinghe |
| Name: | Chath Weerasinghe |
| Title: | Chief Financial and Operating Officer |
| **HOLDER:** | **HOLDER:** |
| MAX GOTTSCHALK | MAX GOTTSCHALK |
| /s/ Max Gottschalk | /s/ Max Gottschalk |
| JANE GOTTSCHALK | JANE GOTTSCHALK |
| /s/ Jane Gottschalk | /s/ Jane Gottschalk |

---

## Exhibit 10.2

**Exhibit 10.2**

**PROMISSORY NOTE**

---

| | |
|:---|:---|
| **US$3,389,960.00** | Issue Date: August 26, 2025 |

---

For value received, Perfect Moment Ltd., a Delaware corporation (referred to as the "**Obligor**"), promises to pay Max Gottschalk or their assigns (collectively, "**Holder**"), the principal sum of US$3,389,960.00 ("**Principal**"), together with interest on the unpaid portion of said Principal amount from the date hereof until paid at the rate of 12.00% (computed on the actual days outstanding and based on a 360-day year) (the "**Note**").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. This Note shall be repayable as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) <u>Payment Schedule and Maturity Date</u>. The Obligor shall pay interest to the Holder on the aggregate outstanding principal amount of this Note at the rate of 12.00% per annum. Accrued interest shall be payable monthly, in cash, on the last calendar day of each month, beginning September 30, 2025, and ending on November 8, 2025 ("**Maturity Date**") (each, an "**Interest Payment Date**"). All outstanding Principal and any accrued but unpaid interest (and any other amounts owed) shall be due and payable on the Maturity Date. If any Interest Payment Date (including the Maturity Date) is not a Business Day, then the applicable payment shall be due on the next succeeding Business Day.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) <u>Interest Calculations</u>. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest and other amounts which may become due hereunder, has been made.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) All payments shall be made by check at the executive offices of the Holder, by wire transfer of immediately available funds to an account at a bank designated in writing by the Holder or by other consideration acceptable to the Holder. All payments shall be applied first to accrued interest and thereafter to Principal.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. This Note may be prepaid in whole or in part at any time, without penalty or premium of any kind. All prepayments made by Obliger under this Note shall be paid pursuant to Section 1(c) above.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Upon the occurrence of any Event of Default (as defined below) and during its continuance, the Holder, at their option and upon written notice to the Obligor (which notice is not required in the case of an Event of Default under Sections 4(c) or 4(d) below), may declare this Note to be immediately due and payable. All Principal, together with all accrued and unpaid interest, shall become due and payable immediately. Payments shall be applied first to accrued interest and then to Principal. An "**Event of Default**" shall occur if any of the following events takes place: (a) the Obligor fails to timely pay any Principal due under this Note on the date it becomes due and payable, or if such date is not a business day, the next business day thereafter; (b) the Obligor admits inability to pay debts as they become due; (c) the Obligor files any petition or action for relief under bankruptcy, reorganization, insolvency, moratorium, or any other law for the relief of, or relating to, debtors, now or hereafter in effect, or makes any assignment for the benefit of creditors or takes any action in furtherance of any of the foregoing; or (d) an involuntary petition is filed against the Obligor (unless such petition is dismissed or discharged within sixty (60) days under any bankruptcy statute now or hereafter in effect), or a custodian, receiver, trustee, assignee for the benefit of creditors, or similar official is appointed to take possession, custody, or control of any property of the Obligor.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. This Note shall be binding upon and inure to the benefit of the Obligor and the Holder and their respective successors and permitted assigns. The Holder may assign this Note in whole or in part with or without recourse without the consent of the Obligor. The Obligor may not assign or transfer any interest hereunder.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. **THIS NOTE, AND ALL DISPUTES AND CONTROVERSIES ARISING HEREFROM OR RELATED HERETO, SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF DELAWARE WITHOUT GIVING EFFECT TO PRINCIPLES OF CONFLICTS OF LAWS THAT WOULD APPLY TO ANY OTHER LAW**.

IN WITNESS WHEREOF, Obliger and Holder have executed this Promissory Note as of the date first written above.

---

| | |
|:---|:---|
| **OBLIGOR:** | **OBLIGOR:** |
| PERFECT MOMENT LTD. | PERFECT MOMENT LTD. |
| By: | /s/ Chath Weerasinghe |
| Name: | Chath Weerasinghe |
| Title: | Chief Financial and Operating Officer |
| **HOLDER:** | **HOLDER:** |
| MAX GOTTSCHALK | MAX GOTTSCHALK |
| /s/ Max Gottschalk | /s/ Max Gottschalk |

---