03:45 AM EDT, 06/27/2025 (MT Newswires) -- Perfect Moment ( PMNT ) said late Thursday it priced its underwritten public offering of 10 million shares at $0.30 per share for gross proceeds of $3 million.

The company said it also granted the underwriters a 45-day option to purchase up to an additional 1.5 million shares to cover over-allotments.

Proceeds from the offering, set to close on Monday, will be used for debt repayment, working capital, and general corporate purposes.