Perfect Moment Ltd. (NYSE:PMNT) ("Perfect Moment" or the "Company"), the high-performance, luxury skiwear and lifestyle brand that fuses technical excellence with fashion-led designs, today announced the closing of its previously announced public offering of 10,000,000 shares of its common stock at a public offering price of $0.30 per share, for gross proceeds of $3,000,000 before deducting underwriting discounts and offering expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 1,500,000 shares of common stock to cover over-allotments, if any, at the public offering price, less underwriting discounts and commissions. The Company i
Perfect Moment Ltd. (NYSE:PMNT) ("Perfect Moment" or the "Company"), the high-performance, luxury skiwear and lifestyle brand that fuses technical excellence with fashion-led designs, today announced the pricing of its underwritten public offering of 10,000,000 shares of its common stock. Each share of common stock is being sold at a public offering price of $0.30 per share for gross proceeds of $3,000,000, before deducting underwriting discounts and offering expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 1,500,000 shares of common stock at the public offering price less discounts and commissions, to cover over-allotments. The
Perfect Moment Ltd. (NYSE: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. ThinkEquity is acting as sole book-running manager for the offering. 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. The Company intends to use the net proceeds from the offering for repayment of debt,
Perfect Moment Ltd. (NYSE:PMNT), the luxury outerwear and activewear brand renowned for its alpine heritage and fashion-forward performance wear, today unveiled the PERFECT MOMENT x BWT ALPINE FORMULA ONE TEAM capsule collection. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250625141574/en/Perfect Moment and BWT Alpine Formula One Team Introduce Luxury Performance Sportswear Collection. Designed in cooperation with BWT Alpine Formula One Team, the collection marks the debut of a creative collaboration that fuses the adrenaline of motorsport with the precision of mountain performance. The launch reflects the shared DNA of both
Company Marks Beginning of Transformation with Structural Changes for Scale Perfect Moment Ltd. (NYSE:PMNT), the high-performance luxury skiwear and lifestyle brand, reported preliminary unaudited financial results for its fiscal fourth quarter and year ended March 31, 2025. Despite broader market softness impacting luxury apparel, in the fourth fiscal quarter Perfect Moment is expected to deliver a 2.6% increase in revenue to $5.0 million. For the full year, revenue is expected to decline 12% to $21.4 million. However, excluding the Hugo Boss collaboration which ended in fiscal 2024, revenue rose an estimated 1% year-over-year. Revenue was lower in part due to one of the company's la
CAMARILLO, Calif., June 10, 2025 (GLOBE NEWSWIRE) -- via IBN -- NEWTON GOLF Company (NASDAQ:NWTG) ("NEWTON GOLF" or the "Company"), a leading developer of performance-driven golf equipment, today announced the appointment of Jeff Clayborne as Chief Financial Officer, effective immediately. Mr. Clayborne will be responsible for overseeing all aspects of the Company's financial operations, including financial planning and analysis, investor relations, capital markets strategy, accounting, and compliance. Mr. Clayborne brings more than 30 years of senior financial leadership experience across public and private companies in consumer products, technology, and entertainment. Most recently, he
New Capital Supports Strategic Growth; Company Eliminates All Convertible Debt Perfect Moment Ltd. (NYSE:PMNT) ("Perfect Moment" or the "Company"), the high-performance luxury skiwear and lifestyle brand, today announced that it has closed a private placement financing of approximately $6.4 million of its newly created 12% Series AA Convertible Preferred Stock. The 1,723,989 shares of Series AA Convertible Preferred Stock are convertible into shares of common stock at a fixed price of $1.1601 per common share. Participants in the offering include Max Gottschalk, co-founder and chairman of Perfect Moment, who personally invested $2.0 million, reflecting his continued confidence in the comp
BWT Alpine Formula One Team and luxury skiwear and lifestyle brand Perfect Moment Ltd. (NYSE:PMNT) will come together to reveal a special-edition, capsule collection that effortlessly fuses Perfect Moment's refined ski lifestyle with the team's cutting-edge, racing performance. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250326524236/en/ The sophisticated collection brings together two brands born in the French Alps with BWT Alpine Formula One Team's motor racing heritage and Perfect Moment, founded in the mountains near Chamonix with a reputation for high-performance skiwear, delivering a unique apparel range that embodies th
Perfect Moment Ltd. (NYSE:PMNT), the high-performance, luxury skiwear and lifestyle brand that fuses technical excellence with fashion-led designs, has booked $12.7 million in wholesale preorders for its upcoming Autumn/Winter (AW) 2025 collection. The level of orders already exceeds all of the wholesale orders the company generated for last year's AW collection by 30% and represents the largest wholesale book in the company's history (excluding collaborations). Wholesale revenue comprised about 58% of the total net revenue in the company's previous fiscal year ended March 31, 2024. The newly booked wholesale orders are from both new and existing wholesale customers, with most existing cu
Luxury lifestyle brand, Perfect Moment, and global leader in beverage alcohol, Diageo, debut Johnnie Walker Blue Label Ice Chalet Scotch Whisky at global après-ski events. Perfect Moment's Ice Chalet skiwear line takes center stage, elevating the luxury skiwear and lifestyle brand which fuses technical excellence with fashion-led designs. Events marquee award-winning global film and fashion icon, Priyanka Chopra Jonas, engaging millions of her ardent fans worldwide. Perfect Moment Ltd. (NYSE:PMNT), the high-performance, luxury skiwear and lifestyle brand that fuses technical excellence with fashion-led designs, continued its co-marketing campaign with the world's #1 scotch whisky mak
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CAMARILLO, Calif., June 10, 2025 (GLOBE NEWSWIRE) -- via IBN -- NEWTON GOLF Company (NASDAQ:NWTG) ("NEWTON GOLF" or the "Company"), a leading developer of performance-driven golf equipment, today announced the appointment of Jeff Clayborne as Chief Financial Officer, effective immediately. Mr. Clayborne will be responsible for overseeing all aspects of the Company's financial operations, including financial planning and analysis, investor relations, capital markets strategy, accounting, and compliance. Mr. Clayborne brings more than 30 years of senior financial leadership experience across public and private companies in consumer products, technology, and entertainment. Most recently, he
New Capital Supports Strategic Growth; Company Eliminates All Convertible Debt Perfect Moment Ltd. (NYSE:PMNT) ("Perfect Moment" or the "Company"), the high-performance luxury skiwear and lifestyle brand, today announced that it has closed a private placement financing of approximately $6.4 million of its newly created 12% Series AA Convertible Preferred Stock. The 1,723,989 shares of Series AA Convertible Preferred Stock are convertible into shares of common stock at a fixed price of $1.1601 per common share. Participants in the offering include Max Gottschalk, co-founder and chairman of Perfect Moment, who personally invested $2.0 million, reflecting his continued confidence in the comp
BWT Alpine Formula One Team and luxury skiwear and lifestyle brand Perfect Moment Ltd. (NYSE:PMNT) will come together to reveal a special-edition, capsule collection that effortlessly fuses Perfect Moment's refined ski lifestyle with the team's cutting-edge, racing performance. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250326524236/en/ The sophisticated collection brings together two brands born in the French Alps with BWT Alpine Formula One Team's motor racing heritage and Perfect Moment, founded in the mountains near Chamonix with a reputation for high-performance skiwear, delivering a unique apparel range that embodies th