{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-111506","form_type":"8-K","ticker":"DMNIF","cik":"0002000640","company_name":"Damon Inc.","filed_at":"2024-12-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.548016+00:00","generated_at":"2026-05-28T23:53:44.439077+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Damon Inc. enters $10M prepaid purchase deal with Streeterville Capital; initial $2M funded","bullets":["Issued 343,053 commitment shares; initial prepaid purchase of $2M carries 7% OID and 8% interest.","Proceeds for working capital; $100K plus 15% of subsequent fundings to repay June 2024 secured promissory note (~$6.47M).","Investor can buy common shares at lower of $1.50 or 90% of 10-day VWAP (floor at 20% of Nasdaq Minimum Price).","Monthly cash repayments of $350K if VWAP below floor for 5 of 7 trading days or 75% of Exchange Cap issued.","Company must seek shareholder approval; if not obtained, any balance above Exchange Cap must be repaid in cash."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-111506","json":"https://secwatch.observer/filing/0001213900-24-111506.json","markdown":"https://secwatch.observer/filing/0001213900-24-111506.md","text":"https://secwatch.observer/filing/0001213900-24-111506.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2000640/000121390024111506/0001213900-24-111506-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2000640/000121390024111506/ea0225670-8k_damon.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T23:53:44.439077+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"}