---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-099365"
form_type: "8-K"
ticker: "DMNIF"
cik: "0002000640"
company_name: "Damon Inc."
filed_at: "2024-11-18T23:59:59+00:00"
generated_at: "2026-05-29T23:17:44.324119+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Damon Inc. completes business combination with Damon Motors, closes $16.8M debt financing, begins Nasdaq trading Nov 18

## Summary
- Business combination closed Nov 13; Damon Motors becomes wholly owned sub; combined co renamed Damon Inc.
- Damon securityholders received ~14.8M common, 1.4M multi-voting shares; Damon shs own ~81.5% fully diluted.
- New $8.385M notes each from East West and Braebeacon ($16.77M total), 10% interest, 18-month maturity, tranched.
- Jay Giraud appointed CEO, President, Executive Chairman; Nadir Ali resigned.
- Co expects Nasdaq trading Nov 18; new CUSIP 235750106.

## SEC filing metadata
- accession: 0001213900-24-099365
- form_type: 8-K
- ticker: DMNIF
- cik: 0002000640
- company_name: Damon Inc.
- filed_at: 2024-11-18T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 5.03, 2.01, 2.03, 3.02, 8.01, 3.03, 5.01, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2000640/000121390024099365/0001213900-24-099365-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2000640/000121390024099365/ea0221408-8k_damon.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-099365
- JSON: https://secwatch.observer/filing/0001213900-24-099365.json
- Plain text: https://secwatch.observer/filing/0001213900-24-099365.txt

## Key facts
- Executive change
  Nadir Ali resigned as Sole Officer and Director at Damon Inc..
  - Action: resigned
  - Role: Sole Officer and Director
  source text: Mr. Nadir Ali resigned as the sole officer and director of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2000640/000121390024099365/0001213900-24-099365-index.htm
- Executive change
  Melanie Figueroa was appointed as Director at Damon Inc..
  - Action: appointed
  - Role: Director
  source text: Jay Giraud, Karan Sodhi, Shashi Tripathi, Bal Bhullar and Melanie Figueroa were appointed as members of the board of directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/2000640/000121390024099365/0001213900-24-099365-index.htm
- Executive change
  Derek Dorresteyn was appointed as Chief Technology Officer at Damon Inc..
  - Action: appointed
  - Role: Chief Technology Officer
  source text: Derek Dorresteyn 57 Chief Technology Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/2000640/000121390024099365/0001213900-24-099365-index.htm
- Executive change
  Amber Spencer was appointed as Chief Marketing Officer at Damon Inc..
  - Action: appointed
  - Role: Chief Marketing Officer
  source text: Amber Spencer 34 Chief Marketing Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/2000640/000121390024099365/0001213900-24-099365-index.htm
- Executive change
  Karan Sodhi was appointed as Director at Damon Inc..
  - Action: appointed
  - Role: Director
  source text: Jay Giraud, Karan Sodhi, Shashi Tripathi, Bal Bhullar and Melanie Figueroa were appointed as members of the board of directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/2000640/000121390024099365/0001213900-24-099365-index.htm
- Executive change
  Jay Giraud was appointed as CEO, President and Executive Chairman of the Board at Damon Inc..
  - Action: appointed
  - Role: CEO, President and Executive Chairman of the Board
  source text: Damon Jay Giraud 48 CEO, President and Executive Chairman of the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/2000640/000121390024099365/0001213900-24-099365-index.htm
- Executive change
  Shashi Tripathi was appointed as Director at Damon Inc..
  - Action: appointed
  - Role: Director
  source text: Jay Giraud, Karan Sodhi, Shashi Tripathi, Bal Bhullar and Melanie Figueroa were appointed as members of the board of directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/2000640/000121390024099365/0001213900-24-099365-index.htm
- Executive change
  Baljinder Kaur Bhullar was appointed as CFO and Director at Damon Inc..
  - Action: appointed
  - Role: CFO and Director
  source text: Baljinder (Bal) Bhullar, Chief Financial Officer and Director Bal Bhullar was appointed to serve as CFO and Director of the Company with effect upon the closing of the Business Combination.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2000640/000121390024099365/0001213900-24-099365-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.