Damon Inc. effects 1-for-125 reverse stock split; shares now trade OTC

Damon Inc.

Reverse split effective July 3, 2025; shares outstanding reduced from ~2.45B to ~19.6M.
Nasdaq delisting effective May 20, 2025; ticker temporarily DMNID, reverts to DMNIF after 20 business days.
Adjusted FY2024 (Damon Motors) net loss $34.0M, diluted EPS -$348.59; FY2023 net loss $37.0M, EPS -$392.29.
Three months ended Mar 31, 2025 net loss $25.2M ($62.20/share); nine-month loss $2.35M ($13.47/share) adjusted.
No fractional shares issued; exercise prices of outstanding securities proportionately adjusted.

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