05:50 PM EDT, 06/26/2025 (MT Newswires) -- Perfect Moment ( PMNT ) said Thursday it plans to sell shares in an underwritten public offering.

The size and timing of the offering were not disclosed.

Proceeds will be used for debt repayment, working capital, and general corporate purposes, the company said.

Shares of Perfect Moment ( PMNT ) were down more than 18% in after-hours activity.