Item 2. Properties
ITEM
2. PROPERTIES
Our corporate headquarters is located in London, England, where we lease
office space at 5th Floor, Gramophone Works, 326 Kensal Road, London W10 5BZ. The lease, entered into on December 19, 2025 with Gramophone
Works Holdings Limited, has a ten-year term commencing January 1, 2026 and expiring December 31, 2035. The lease includes a tenant break
option exercisable on January 1, 2031, subject to not less than six months’ prior written notice. In addition to our corporate headquarters,
we have an office in Hong Kong, where Perfect Moment Asia Limited occupies office space at Level 17, Silvercord Tower 2, 30 Canton Road,
Tsim Sha Tsui, Kowloon under a service agreement expiring February 28, 2027.
ITEM
3. LEGAL PROCEEDINGS
For
a discussion of our legal proceedings, refer to Note 14 “ Commitments and Contingencies ,” in the notes to our audited
consolidated financial statements of this Annual Report.
ITEM
4. MINE SAFETY DISCLOSURES
Not
applicable.
26
PART
II
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.