secwatch.observer — SEC 8-K summary
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Issuer:     Damon Inc. (DMNIF)
CIK:        0002000640
Form:       8-K
Filed at:   2025-04-30T23:59:59+00:00
Accession:  0001213900-25-037170
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Nasdaq to delist Damon Inc. over substantial dilution from Series A warrants; hearing set for May 20
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- Nasdaq notified Damon on April 25, 2025 that staff determined to delist securities under Listing Rule 5101 due to public interest concerns over Series A warrant dilution.
- Trading in Damon shares halted on April 29 pending outcome of Panel hearing scheduled for May 20, 2025.
- Company plans to submit compliance plan to Nasdaq and apply for trading on OTCQB in case of unfavorable decision.
- As of April 29, 2025, Damon had 2,450,477,042 common shares outstanding.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2000640/000121390025037170/0001213900-25-037170-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2000640/000121390025037170/ea0240135-8k_damon.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-037170

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