Perfect Moment Ltd. (PMNT) has released an update.
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Perfect Moment Ltd. successfully launched its initial public offering on February 7, 2024, partnering with ThinkEquity LLC and other underwriters to offer over 1.3 million shares at $6 each, raising $8 million. The company also allowed for over-allotments with an additional shares option and issued warrants with a future exercise date. Post-IPO, the net proceeds stood at approximately $6.4 million, which will fund various corporate activities. To keep the public informed, Perfect Moment uses multiple communication channels, including press releases and its website, ensuring transparent investor and public relations.
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