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Limitless X Holdings Announces Key Financial Settlements and Changes

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Limitless X Holdings Announces Key Financial Settlements and Changes

An announcement from Limitless X Holdings ( (LIMX) ) is now available.

Limitless X Holdings, Inc. announced on January 13, 2025, the execution of settlement agreements with key executives and employees, including the CEO, COO, CFO, and two non-executive employees. These agreements resolved compensation disputes for the period from September 1, 2024, to December 20, 2024, by issuing a total of 1,340,598 shares of common stock as settlement payments. The company also entered debt conversion agreements with four vendors, settling $7,963,978.93 of outstanding debts by issuing 320,094 shares of Class C Stock. Furthermore, the company amended its Class C Convertible Preferred Stock designation, affecting ownership limits.

More about Limitless X Holdings

YTD Price Performance: -4.88%

Average Trading Volume: 11,218

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $5.84M

For detailed information about LIMX stock, go to TipRanks’ Stock Analysis page.

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