InvestorWire NewsRoom

InvestorNewsBreak

InvestorNewsBreaks — Perfect Moment Ltd. (NYSE American: PMNT) Shares Pricing on Expected $8M Initial Public Offering
February 9, 2024

InvestorNewsBreaks — Perfect Moment Ltd. (NYSE American: PMNT) Shares Pricing on Expected $8M Initial Public Offering

Perfect Moment (NYSE American: PMNT), a luxury lifestyle brand that combines fashion and technical performance for its ranges of skiwear, outerwear, swimwear and activewear, announced the pricing of its initial public offering. The offering, which is expected to close on Feb. 12, 2024, is comprised of 1,334,000 shares of common stock at $6 per share; gross proceeds of the offering are projected to reach an estimated $8 million, before deductions. The company noted that it has also granted the underwriters a 45-day option to purchase an additional 200,100 shares of common stock to cover any overallotments. Shares are expected to begin trading on the NYSE American market under the symbol PMNT. According to the announcement, Perfect Moment plans to use funds from the offering for general corporate purposes, including working capital, sales and marketing activities, and general and administrative matters.

To view the full press release, visit https://ibn.fm/KiuGF

About Perfect Moment

Perfect Moment is a luxury lifestyle brand that combines fashion and technical performance for its ranges of skiwear, outerwear, swimwear and activewear. Perfect Moment creates apparel and products that feature what it believes is an unmatched combination of fashion, form, function and fun for women, men and children. The idea for the Perfect Moment brand was born in Chamonix, France, in 1984, when the professional skier and extreme sports filmmaker Thierry Donard began making apparel for his team of free-ride skiers and surfers. Donard used his experience to create designs that were characterized by quality, style and performance to enable his athletes to achieve their perfect ski run or wave ride: that “perfect moment.” His designs, which combine high-performance materials with daring prints and colors, were inspired by his team of free-ride skiers and surfers. Today, the brand continues to draw on its rich heritage of performance garments and statement designs. Retro-inspired vivid and bold color palettes complement technical fabrics to deliver fashion, form, function and fun for women, men and children. For more information about the company, visit www.PerfectMoment.com.

About InvestorWire

InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

For more information, please visit https://www.InvestorWire.com

Please see full terms of use and disclaimers on the InvestorWire website applicable to all content provided by IW, wherever published or re-published: https://www.InvestorWire.com/Disclaimer

InvestorWire
Los Angeles, CA
www.InvestorWire.com
310.299.1717 Office
[email protected]

InvestorWire is powered by IBN

Recent NewsBreaks

NewsBreaks Categories

Get Started with InvestorWire

To distribute a release in the next 24 hours. Contact our client services team.

(310) 299-1717

Distribute a press release. Submit your release to get started.

Submit Press Release

Set up a Live demonstration. Schedule a date and time that works for you.

Schedule a LIVE Demo

Press Distribution

Explore Press Distribution Solutions

All releases include an unlimited word count* with full wire-grade syndication, our press release enhancement service, and a follow-up InvestorNewsBreak article distributed to thousands of editorial syndication partners.

Discover Add-on Solutions

Increase the impact of your achievements by adding these exclusive solutions from InvestorWire, delivered in conjunction with the InvestorBrandNetwork (IBN).