---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-018146"
form_type: "8-K"
ticker: "DMNIF"
cik: "0002000640"
company_name: "Damon Inc."
filed_at: "2025-02-27T23:59:59+00:00"
generated_at: "2026-05-26T02:36:55.196752+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Damon amends $6.47M note to allow conversion; modifies $10M SPA on foreign private issuer status

## Summary
- Grants Streeterville conversion right at 90% of lowest daily VWAP over 10 trading days; floor $0.20 per share.
- Company reserves 40M shares for conversion; Streeterville ownership capped at 9.99%.
- Under $10M SPA, Streeterville has advanced $3.8M; outstanding balance $1.27M after pre-paid share purchases.
- Company issued 1,255,230 common shares to former financial adviser for first installment of fees.
- Outstanding shares total 26,894,933 as of Feb 27, 2025.

## SEC filing metadata
- accession: 0001213900-25-018146
- form_type: 8-K
- ticker: DMNIF
- cik: 0002000640
- company_name: Damon Inc.
- filed_at: 2025-02-27T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2000640/000121390025018146/0001213900-25-018146-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2000640/000121390025018146/ea0232428-8k_damon.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-018146
- JSON: https://secwatch.observer/filing/0001213900-25-018146.json
- Plain text: https://secwatch.observer/filing/0001213900-25-018146.txt

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