Perfect Moment Ltd.

Perfect Moment Ltd. announced its delisting from NYSE American due to non-compliance with the minimum stockholders' equity requirements. The company's board decided not to appeal the NYSE American's determination and will transition its common stock to the OTCQB market, effective the week of June 15, 2026. The move is intended to provide cost savings and operational flexibility, allowing the company to reinvest resources into its business strategy while remaining subject to SEC reporting requirements.

Perfect Moment Ltd. issued warrants to X3 Higher Moment Fund LLC and shares and warrants to Krane Capital, LLC on May 8, 2026. These issuances are connected to a previously disclosed $10 million loan agreement with X3 and Krane Capital, and a Securities Purchase Agreement with Krane Capital. The securities were issued under a Section 4(a)(2) exemption from registration.

Perfect Moment Ltd. issued a press release on April 14, 2026, to address unusual trading activity observed in its common stock on the NYSE American. The company stated that it has conducted inquiries into the market action and concluded that no corrective actions are deemed appropriate at this time. This disclosure was made in accordance with Section 401(d) of the NYSE Company Guide.