---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-006586"
form_type: "8-K"
ticker: "DMNIF"
cik: "0002000640"
company_name: "Damon Inc."
filed_at: "2025-01-24T23:59:59+00:00"
generated_at: "2026-05-27T12:00:18.375956+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Damon Inc. receives Nasdaq bid price deficiency notice; has 180 days to regain compliance

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-25-006586
- form_type: 8-K
- ticker: DMNIF
- cik: 0002000640
- company_name: Damon Inc.
- filed_at: 2025-01-24T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2000640/000121390025006586/0001213900-25-006586-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2000640/000121390025006586/ea0228718-8k_damon.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-006586
- JSON: https://secwatch.observer/filing/0001213900-25-006586.json
- Plain text: https://secwatch.observer/filing/0001213900-25-006586.txt

## Source-grounded claims
- claim_id: 13b2a9357f59f82c1a9cacddee6c381fe0b57365
  claim: Damon Inc. received a nasdaq deficiency notice notice regarding minimum bid price.
  evidence_excerpt: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/2000640/000121390025006586/0001213900-25-006586-index.htm

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