Damon Inc. (DMNIF): Nasdaq/NYSE listing notice — Damon Inc. receives Nasdaq bid price deficiency notice; has 180 days to regain compliance

Damon Inc.

Nasdaq notified Damon on Jan 22, 2025, that bid price was below $1.00 for 30 consecutive business days through Jan 21.
Company has until July 21, 2025 (180 days) to regain compliance; trading on Nasdaq Global Market continues.
If not compliant by July 21, Damon may qualify for an additional 180-day period if it meets other Nasdaq Capital Market standards.
Options include a reverse stock split or transfer to Nasdaq Capital Market to cure the deficiency.
No assurance of regaining compliance; risk of delisting remains if deficiency is not resolved.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Damon Inc. received a nasdaq deficiency notice notice regarding minimum bid price.

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price

Exact text from the filing

January 22, 2025, Damon Inc. (the “Company”) received a written notice (the “Notice”) from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for the

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Damon Inc. filing history →

Source: SEC EDGAR

accession 0001213900-25-006586

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