Luxury skiwear and lifestyle brand Perfect Moment announced on Wednesday two financing transactions totaling approximately $6.6 million.

Chairman of the board Max Gottschalk extended a total of $5,089,960 in loans to the company to support product purchases and operations. Separately, Perfect Moment entered into a securities purchase agreement with X Cubed Capital Management, a Minneapolis-based alternative investment manager founded by Andrew Redleaf, for aggregate proceeds of $1,485,595.

Together, the capital is expected to position Perfect Moment to accelerate growth following a series of operational and strategic initiatives implemented earlier this year.

“These financings demonstrate strong confidence in Perfect Moment’s strategy and brand potential,” said Gottschalk. “With enhance

See Full Page