Perfect Moment, a luxury lifestyle brand that fuses technical excellence with fashion-led designs, secured $12 million in growth financing. The financing includes a $10 million revolving credit facility jointly provided by Krane Capital and X3 Higher Moment Fund, as well as a separate $2 million equity investment from Krane Capital at a price of $0.33 per share — representing a 75% premium to Perfect Moment’s closing share price of $0.19 on March 27, 2026.
The parties entered into separate definitive agreements for the revolving credit facility and the equity investment on March 27, 2026. The revolving credit facility closed on March 30, 2026, and the equity investment is expected to close within the next month.
The $12 million combined financing represents one of the most significant capital raises in Perfect Moment’s history and is expected to strengthen its liquidity position, support continued operational execution and provide additional financial flexibility as it advances its strategic plan. Building on Perfect Moment’s recently reported first profitable quarter, the financing strengthens the balance sheet and supports its path toward sustainable profitability, while enabling continued investment across key growth initiatives.
The capital structure — anchored by a $10 million revolving credit facility from two institutional lenders and an equity investment from Krane Capital at a premium to the recent market price — is designed to support Perfect Moment’s near-to-medium term priorities and accelerate progress toward sustainable growth and profitability.
The $10 million revolving credit facility is jointly provided by Krane Capital ($4 million) and X Cubed ($6 million). The facility has a term of 24 months and will bear interest at a rate of 12.0% per annum, subject to customary covenants and conditions. The facility will be available for general corporate purposes, including working capital, product development and the repayment of outstanding debt.
Concurrently, Krane Capital has agreed to purchase 6,060,606 shares of Perfect Moment’s common stock at a price of $0.33 per share, representing a 75% premium to its closing share price of $0.19 on March 27, 2026. The gross proceeds from the $2 million equity investment will be strategically deployed to strengthen Perfect Moment’s balance sheet and liquidity position, supporting compliance with the continued listing requirements of the NYSE American exchange. The significant premium paid by Krane Capital reflects deep institutional conviction in Perfect Moment’s brand, operational trajectory and long-term value creation potential.
“The objective of this financing is to secure the capital necessary to support our long-term strategic plan and continued operational execution,” Max Gottschalk, executive chairman of Perfect Moment, said. “With the leadership team now in place and improving revenue trends and margins, we believe Perfect Moment is building positive momentum toward sustainable profitability. The participation of institutional investors such as Krane Capital and X Cubed reflects confidence in our strategy and operating progress. This financing enhances our financial flexibility in the near- to medium-term and supports continued expansion across our key initiatives. We remain focused on disciplined execution and positioning Perfect Moment to capitalize on attractive growth opportunities.”
Gottschalk added, “We also believe that Krane Capital’s leadership and deep experience building investment and operating platforms in China will be instrumental in supporting Perfect Moment’s strategic expansion into this high-growth market. Leveraging Krane Capital’s local market insight, relationships, and operational expertise will help us identify and partner with best-in-class local operators to build a strong, scalable presence. This collaboration is expected to accelerate the development of a carefully curated distribution strategy, ensuring the brand is positioned appropriately within the premium segment and reaches its target consumer base with authenticity and impact.”
Chath Weerasinghe, chief financial and operating officer of Perfect Moment, commented, “This $12 million financing package represents a significant milestone for Perfect Moment. Following our recently reported profitable quarter, we believe this capital strengthens our liquidity position and provides additional flexibility to execute our strategic growth initiatives. The investment by Krane Capital at a premium to our recent trading price reflects confidence in our brand and long-term strategy. Together with the revolving credit facility, we believe we have established a more robust capital structure to support product innovation, category expansion and go-to-market execution. We remain focused on disciplined growth and long-term shareholder value creation.”
