X3 Higher Moment Fund LLC's 9.9% Ownership in Perfect Moment Ltd.

X3 Higher Moment Fund LLC, a Delaware-based entity, has reported a 9.9% beneficial ownership in Perfect Moment Ltd. as of August 27, 2025. This ownership includes 3,172,858 shares of common stock and warrants to purchase up to 3,204,908 additional shares, subject to a blocker that prevents the holder from exceeding the 9.9% threshold. The total number of outstanding shares of common stock as of the reporting date is 32,049,075. The filing, made under Rule 13d-1(c), certifies that the securities were not acquired for the purpose of influencing the control of the issuer.