Business
Perfect Moment Ltd. Announces Proposed Public Offering of Common Stock
LONDON, June 26, 2025--Perfect Moment Ltd. (NYSE American: PMNT) ("Perfect Moment" or the "Company"), the high-performance, luxury skiwear and lifestyle brand that fuses technical excellence with fashion-led designs, today announced that it intends to offer to sell shares of its common stock in an underwritten public offering. All of the shares of common stock are to be sold by the Company.
About this update from Perfect Moment Ltd.
[{"type":"text","content":"LONDON, June 26, 2025--(BUSINESS WIRE)--Perfect Moment Ltd. (NYSE American: PMNT) ("Perfect Moment" or the "Company"), the high-performance, luxury skiwear and lifestyle brand that fuses technical excellence with fashion-led designs, today announced that it intends to offer to sell shares of its common stock in an underwritten public offering. All of the shares of common stock are to be sold by the Company.","length":430,"tagName":"p"},{"type":"text","content":"ThinkEquity is acting as sole book-running manager for the offering.","length":68,"tagName":"p"},{"type":"text","content":"The offering is subject to market conditions and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.","length":178,"tagName":"p"},{"type":"text","content":"The Company intends to use the net proceeds from the offering for repayment of debt, working capital and general corporate purposes.","length":132,"tagName":"p"},{"type":"text","content":"The securities in the offering will be offered and sold pursuant to a shelf registration statement on Form S-3 (File No. 333-285612), including a base prospectus, filed with the U.S. Securities and Exchange Commission (the "SEC") on March 6, 2025 and declared effective on March 12, 2025. The offering will be made only by means of a written prospectus. A preliminary prospectus supplement and accompanying prospectus describing the terms of the offering has been or will be filed with the SEC on its website at www.sec.gov. Copies of the preliminary prospectus supplement and the accompanying prospectus relating to the offering may also be obtained from the offices of ThinkEquity, 17 State Street, 41st Floor, New York, New York 10004. Before investing in the offering, interested parties should read in their entirety the preliminary prospectus supplement and the accompanying prospectus and the other documents that the Company has filed with the SEC that are incorporated by reference in such preliminary prospectus supplement and the accompanying prospectus, which provide more information about the Company and such offering.","length":1143,"tagName":"p"},{"type":"text","content":"This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these secur...