other material
confidence high
sentiment negative
materiality 1.00
Nasdaq determines to delist Damon shares; bid price below $0.10 for 10 days
Damon Inc.
- Staff delisting determination issued April 4, 2025; company to appeal by April 11, 2025.
- Trading will continue pending appeal hearing (typically 30-45 days after request).
- Board released remaining 6,723,713 shares from 180-day lock-up on April 9, 2025.
- Total common shares outstanding as of April 8, 2025: 786,963,093.