Perfect Moment Secures New Financing
The luxury skiwear brand scored approximately $6.6 million in new financing, comprising two promissory notes and a strategic equity investment from X Cubed Capital Management, aimed at fueling growth and strengthening its balance sheet. Perfect Moment’s COB, Max Gottschalk, extended loans of a little more than $5 million, with the first note totaling $3.4 million, bearing an interest rate of 12% annually that is ... Log in to view full article.