Perfect Moment Ltd., a luxury outerwear and activewear brand, announced it has secured $12 million in growth financing to strengthen its balance sheet and support its path toward sustainable profitability. The financing package consists of a $10 million revolving credit facility provided by institutional investors Krane Capital LLC and X3 Higher Moment Fund LLC, along with a separate $2 million equity investment from Krane Capital.
The equity investment was priced at $0.33 per share, representing a 75 percent premium to the company’s closing share price of $0.19 on March 27, 2026.
The credit facility has a 24-month term and carries an annual interest rate of 12 percent. The capital will be used for general corporate purposes, including working capital, product development, and debt repayment. The company said the combined financing is one of the most significant capital raises in its history.
The funding follows Perfect Moment’s first reported profitable quarter and is intended to enhance liquidity, support operational execution, and provide flexibility to pursue growth initiatives. The company plans to invest in product innovation, expand into new categories, and strengthen its go-to-market capabilities.
The investment also supports Perfect Moment’s strategic expansion into China, where Krane Capital’s local expertise and network are expected to help the company build a scalable presence and develop a targeted distribution strategy within the premium segment.
The company said the financing aligns institutional partners with existing shareholders through a combination of credit and equity, while enabling continued execution of its long term growth strategy.
KEY QUOTES:
“The objective of this financing is to secure the capital necessary to support our long-term strategic plan and continued operational execution. With the leadership team now in place and improving revenue trends and margins, we believe Perfect Moment is building positive momentum toward sustainable profitability. The participation of institutional investors such as Krane Capital and X Cubed reflects confidence in our strategy and operating progress. This financing enhances our financial flexibility in the near- to medium-term and supports continued expansion across our key initiatives. We remain focused on disciplined execution and positioning Perfect Moment to capitalize on attractive growth opportunities. We also believe that Krane Capital’s leadership and deep experience building investment and operating platforms in China will be instrumental in supporting Perfect Moment’s strategic expansion into this high-growth market. Leveraging Krane Capital’s local market insight, relationships, and operational expertise will help us identify and partner with best-in-class local operators to build a strong, scalable presence. This collaboration is expected to accelerate the development of a carefully curated distribution strategy, ensuring the brand is positioned appropriately within the premium segment and reaches its target consumer base with authenticity and impact.”
Max Gottschalk, Executive Chairman, Perfect Moment
“This $12 million financing package represents a significant milestone for Perfect Moment. Following our recently reported profitable quarter, we believe this capital strengthens our liquidity position and provides additional flexibility to execute our strategic growth initiatives. The investment by Krane Capital at a premium to our recent trading price reflects confidence in our brand and long-term strategy. Together with the revolving credit facility, we believe we have established a more robust capital structure to support product innovation, category expansion, and go-to-market execution. We remain focused on disciplined growth and long-term shareholder value creation.”
Chath Weerasinghe, Chief Financial And Operating Officer, Perfect Moment
