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Perfect Moment Ltd. (AMEX:PMNT) surged during the regular session before pulling back in after-hours trading following the announcement of a $12 million growth financing deal.
PMNT closed the regular session at $0.25, down 2.11%, but fell 11.21% after hours to $0.22.
Overview
Perfect Moment is a luxury outerwear and activewear brand that combines technical performance with fashion-led designs. The company focuses on high-end skiwear and lifestyle apparel, targeting premium global consumers. The stock has declined 78.97% over the past 12 months, trading between a 52-week low of $0.17 and a high of $1.23.
Financing Catalyst
The company secured $12 million in growth financing from institutional investors, including Krane Capital LLC and X3 …
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