PMNT 8-K
Perfect Moment Ltd. (PMNT)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On May 29, 2025, the Board of Directors (the “Board”) of Perfect Moment Ltd. (the “Company”) elected Adam Z. Epstein as a director of the Company, effective immediately, to serve until the Company’s 2025 annual meeting of stockholders.
Mr. Epstein is the Portfolio Manager and Chief Investment Officer of MAZE Investments LLC (“MAZE”), a Securities and Exchange Commission Registered Investment Advisor. Since founding MAZE in 2010, Mr. Epstein has analyzed and invested in hundreds of publicly traded securities with a primary focus on small cap equities. Mr. Epstein has worked in the financial services industry for more than two decades and brings extensive experience in capital markets, strategy, investor communications, and corporate governance. Mr. Epstein earned his BA in economics from the University of Michigan, MA in economics from the University of California, Santa Barbara and MBA in finance from the UCLA Anderson School of Management. He also holds the Chartered Financial Analyst designation.
There is no arrangement or understanding between Mr. Epstein and any other person pursuant to which he was selected as director, and there are no family relationships between him and any director, executive officer or person nominated or chosen by the Company to become an executive officer.
Blue Opportunity Fund, LP (“Blue”) and MAZE Focus Fund, LP (“Focus”) participated in the Series AA financing as reported on the Current Report on Form 8-K filed with the SEC on April 1, 2025. Blue purchased a total of 77,580 shares of 12.00% Series AA Convertible Preferred Stock, par value $0.0001 per share (the “Series AA Preferred Stock”), for $450,000 and Focus purchased a total pf 60,340 shares of Series AA Convertible Preferred Stock for $350,000. Each share of Series AA Preferred Stock is convertible into shares of Common Stock of the Company at a conversion price of $1.1601. Mr. Epstein is the Portfolio Manager of Blue and Focus and the Managing Member of Blue and Focus’s general partner, MAZE.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| PERFECT MOMENT LTD. | ||
| Date: June 4, 2025 | By: | /s/ Jane Gottschalk |
| Jane Gottschalk | ||
| President | ||