Damon enters new 3-year employment agreements with CEO Kwong and CFO Bhullar

Damon Inc.

CEO Kwong: monthly salary CAD$39,947, bonus up to 100% of annual salary, 1M options + 1M RSUs.
CFO Bhullar: monthly salary CAD$37,035.75, bonus up to 100% of annual salary, 750k options + 750k RSUs.
CEO signing bonus of CAD$126,110 payable no later than 5 business days after raising at least US$2.5M.
Agreements initial term to July 16, 2028, auto-renew for 90-day periods; severance up to 18 months salary.
Shares trade OTC (DMNIF) after Nasdaq delisting; company is an emerging growth company.

item 5.02item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.