Limitless X Holdings Inc.

Limitless X Holdings Inc. issued an aggregate of 1,046,834 shares of its common stock to its executive officers. This issuance was in consideration for $1,266,669.14 in accrued compensation for services rendered from January 1, 2025, through September 30, 2025. The shares were valued at $1.21 per share and were issued as restricted securities, exempt from registration under Section 4(a)(2) of the Securities Act.

Limitless X Holdings Inc. filed its annual report on Form 10-K for the fiscal year ended December 31, 2025. The company reported an aggregate market value of voting stock held by non-affiliates of approximately $2.8 million as of June 30, 2025, with a closing bid price of $0.63 per share. The company confirmed its status as a non-accelerated and smaller reporting company, having met all filing requirements.

Limitless X Holdings Inc. has entered into a binding Memorandum of Understanding (MOU) with its Chief Executive Officer and Chairman, Jaspreet Mathur, to clarify and settle outstanding benefits and incentive compensation. The agreement resolves $50,000 in previously promised benefits and all bonus and incentive stock compensation related to Mathur's efforts in growing the company, including securing celebrity contracts and funding professionals. As consideration for these past contributions, the company will issue 550,000 shares of its Class B Convertible Preferred Stock to Mathur. This settlement aims to clarify past obligations and ensure continued focus on business development.