{"schema_version":"secwatch.filing_event.v1","accession":"0001013762-25-002132","form_type":"8-K","ticker":"DMNIF","cik":"0002000640","company_name":"Damon Inc.","filed_at":"2025-03-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.750084+00:00","generated_at":"2026-05-24T06:10:42.729856+00:00","sec_items":["1.01","1.02","3.01","3.02","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Damon receives Nasdaq MVPHS non-compliance notice; closes dilutive $15M unit offering","bullets":["Nasdaq notified Damon on March 20 that MVPHS was below $15M for 30 consecutive business days; compliance period until Sept 16, 2025.","Closed underwriting with Maxim Group: 126.9M units at $0.13/unit, each unit = 1 common share + 1 Series A warrant; net proceeds ~$15M.","Series A warrants exercisable at $0.195/share, but alternate cashless exercise allows 2.5 shares for no cash – company expects no additional funds from warrant exercise.","Consent agreement with Streeterville: uses ~14% of net proceeds ($2.1M) to prepay note; East West note terminated.","Settled with former advisor Peikin: pays $2.515M total, $1.515M cash, $1M deferred; Peikin surrenders 1,255,230 shares for cancellation."],"urls":{"canonical":"https://secwatch.observer/filing/0001013762-25-002132","json":"https://secwatch.observer/filing/0001013762-25-002132.json","markdown":"https://secwatch.observer/filing/0001013762-25-002132.md","text":"https://secwatch.observer/filing/0001013762-25-002132.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2000640/000101376225002132/0001013762-25-002132-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2000640/000101376225002132/ea0235406-8k_damon.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T06:10:42.729856+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}