Damon INC

Damon Inc. has entered into a $300,000 promissory note with its Chief Financial Officer and a director, bearing a 15% annual interest rate and subordinated to existing debt.

Damon Inc. announced the sale of its Grafiti UK subsidiary for $117,931.03 and an independent valuation of its intellectual property at $171.4 million.

Damon Inc. has formalized new three-year employment agreements for its Chief Executive Officer, Dominique Kwong, and Chief Financial Officer, Baljinder Bhullar, outlining their compensation, equity incentives, and termination provisions.

Damon Inc. has completed a 1-for-125 reverse stock split, reducing its outstanding shares to 19.6 million, following its delisting from Nasdaq and continued trading on the OTCID Basic Market.

Damon Inc. has appointed CBIZ CPAs P.C. as its new independent auditor following the acquisition of Marcum LLP's attest business, while facing ongoing concerns about its ability to continue as a going concern and previously disclosed material weaknesses in internal controls.

Damon Inc. announced an amended settlement agreement with a former financial advisor, reducing the outstanding payment obligation from $1,000,000 to a one-time cash payment of $350,000, while also confirming its Nasdaq delisting.

Damon Inc. reported a reduced net loss for Q1 2026 but faces significant liquidity challenges and a going concern warning, while actively pursuing a $30 million capital raise.

Damon Inc.'s Q3 2025 results show revenue growth due to the Grafiti Limited acquisition, but a significant net loss driven by impairment charges and ongoing delisting challenges raise concerns about the company's financial stability and future.

Damon Inc. files an amended quarterly report to correct a $2.3 million understatement of transaction costs related to a business combination.

Damon Inc. reports a net income of $25.1 million for the six months ended December 31, 2024, driven by changes in the fair value of financial liabilities, following its business combination with Damon Motors.

Damon Inc. reports its first quarterly results post-merger with Damon Motors, including a net loss of $1.56 million and significant acquisition-related expenses.

Damon Inc. reports significant losses and a going concern warning, with its shares delisted from Nasdaq and now trading on the OTCID Basic Market, as it continues electric motorcycle development.

Former CEO and Chairman of Damon Inc., Damon Jay Giraud, converted his multiple voting shares into common shares after resigning from all officer and director positions.

Damon Inc.'s Chief Marketing Officer, Amber Louise Spencer, reports changes in beneficial ownership of common and multiple voting shares due to the resignation of Damon Jay Giraud, her common law spouse, from the company.

Director Shashi M Tripathi reports acquiring Damon Inc. shares and warrants through a business combination, indicating a change in beneficial ownership.

Damon Inc. CEO Damon Jay Giraud reports acquiring shares and options through a business combination, including holdings through his spouse and Lime Dragon Holdings Corp.

Chief Marketing Officer Amber Louise Spencer reports acquisition of Damon Inc. shares and options following the company's business combination.

Grafiti Holding Inc. Liquidating Trust distributed 3,536,746 common shares to certain record securityholders of XTI Aerospace, Inc.

Damon Inc. has filed a registration statement to offer additional units, shares, and warrants, aiming to raise up to $1,721,550.

Damon Inc. aims to raise capital by offering units consisting of common shares and warrants, or pre-funded warrants and warrants, in a firm commitment public offering.

Damon Inc. has filed an amendment to its registration statement for the resale of up to 18,514,579 common shares by selling securityholders, including Streeterville Capital and Maxim Partners.

Damon Inc. has filed a registration statement for the resale of up to 18.5 million common shares by existing securityholders, including Streeterville Capital and Maxim Partners.

Grafiti Holding Inc. has filed an amendment to its Form S-1 registration statement, detailing a proposed business combination with Damon Motors and related financial transactions.

Grafiti Holding Inc. is pursuing a direct listing on Nasdaq while also working towards a business combination with Damon Motors, a high-performance electric motorcycle company.

Ayrton Capital LLC and affiliated entities disclosed a passive 0.0% beneficial ownership in Damon Inc. common shares via warrant exercise.

L1 Capital Global Opportunities Master Fund, Ltd. has filed an amendment to its Schedule 13G, indicating it no longer beneficially owns any shares of Damon, Inc. common stock.

S.H.N. Financial Investments Ltd. has filed an amended Schedule 13G, indicating it no longer beneficially owns shares of Damon, Inc., reducing its stake from a previously reported 16.3 million shares to zero.

Ayrton Capital LLC, Alto Opportunity Master Fund, and Waqas Khatri have jointly disclosed a 9.99% beneficial ownership stake in Damon Inc., comprising common shares and warrants.

L1 Capital Global Opportunities Master Fund, Ltd. has disclosed a 9.99% beneficial ownership stake in Damon, Inc., comprising common stock and warrants, as of March 21, 2025.

S.H.N. Financial Investments Ltd., an Israeli financial institution, has reported a 9.99% beneficial ownership stake in Damon, Inc., comprising common stock and warrants.