---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-065191"
form_type: "8-K"
ticker: "DMNIF"
cik: "0002000640"
company_name: "Damon Inc."
filed_at: "2025-07-17T23:59:59+00:00"
generated_at: "2026-05-18T06:02:37.296855+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-25-065191
- form_type: 8-K
- ticker: DMNIF
- cik: 0002000640
- company_name: Damon Inc.
- filed_at: 2025-07-17T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2000640/000121390025065191/0001213900-25-065191-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2000640/000121390025065191/ea0249319-8k_damoninc.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-065191
- JSON: https://secwatch.observer/filing/0001213900-25-065191.json
- Plain text: https://secwatch.observer/filing/0001213900-25-065191.txt

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