Damon Inc. (DMNIF): M&A transaction — Damon sells Grafiti UK for ~$118k, director resigns, IP valued at $171.4M

Damon Inc.

Sold all shares of Grafiti UK to Grafiti LLC for $117,931.03 via set-off of existing debt; effective Nov 28, 2025.
Director Melanie Figueroa resigned effective Nov 28, 2025; no disagreement with company operations.
Independent valuation by Fallingst Technologies places fair market value of Damon's IP portfolio at $171.4M as of Nov 21, 2025.
IP valuation based on cost, invest, market, and income analyses; subject to business execution risks.

item 1.01 item 2.01 item 5.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Damon Inc. completed a disposition involving Grafiti LLC for $117,931.03 (closed 2025-11-28).

Action: disposition
Counterparty: Grafiti LLC
Consideration: $117,931.03
Closing: 2025-11-28

Exact text from the filing

outstanding shares (the “Shares”) of Grafiti Limited, a private company limited by shares incorporated in England and Wales (“Grafiti UK”). The purchase price for the Shares was $117,931.03, which was satisfied in full through the set-off of amounts owed by Grafiti UK to the Buyer under that certain Distribution Agreement, effective January 1, 2024, between the

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Damon Inc. entered into Share Purchase Agreement with Grafiti LLC valued at $117,931.03 (effective 2025-11-28).

Action: entry
Agreement: asset purchase
Counterparty: Grafiti LLC
Value: $117,931.03
Effective: 2025-11-28

Exact text from the filing

On November 28, 2025 (the “Completion Date”), Damon Inc. (the “Company”) entered into a Share Purchase Agreement (the “Agreement”) with Grafiti LLC, a Nevada limited liability company (the “Buyer”).

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Damon Inc. filing history →

Source: SEC EDGAR

accession 0001213900-25-115969

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