Damon Inc. entered into Promissory Note with Baljinder Bhullar, the Chief Financial Officer and a director of the Company, and Dino Mariutti (collectively, the “Creditors”) valued at $300,000 (effective 2025-12-29).
“On December 29, 2025, Damon Inc. (the “Company”) entered into a Promissory Note (the “Note”) with Baljinder Bhullar, the Chief Financial Officer and a director of the Company, and Dino Mariutti (collectively, the “Creditors”), pursuant to which the Creditors agreed to lend the Company an aggregate principal amount of $300,000, with each Creditor contributing $150,000.”
Debt Financings
Damon Inc. incurred loan of $300,000 with Baljinder Bhullar and Dino Mariutti at 15% per annum maturing the earlier of (i) 60 days following the advance of funds to the Company or (ii) five business days following the completion of an intellectual property loan fi.
“and a director of the Company, and Dino Mariutti (collectively, the “Creditors”), pursuant to which the Creditors agreed to lend the Company an aggregate principal amount of $300,000, with each Creditor contributing $150,000. This transaction has been approved by the Company’s audit committee. The proceeds of the Note are expected to be used for general”
Material Agreements
Damon Inc. entered into Share Purchase Agreement with Grafiti LLC valued at $117,931.03 (effective 2025-11-28).
“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”).”
M&A Transactions
Damon Inc. completed a disposition involving Grafiti LLC for $117,931.03 (closed 2025-11-28).
“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”
Auditor Changes
Damon Inc. engaged CBIZ CPAs P.C. as its auditor.
“with the approval of the audit committee of the Company’s board of directors, CBIZ CPAs was engaged as the Company’s independent registered public accounting firm on the same date”
Auditor Changes
Marcum LLP resigned as auditor of Damon Inc..
“on June 17, 2025, solely as a result of the acquisition, Marcum resigned as the independent registered public accounting firm of Damon Inc.”
Listing & Compliance Notices
Damon Inc. received a nasdaq delisting notice notice regarding other (rules 5101, 5810(d), 4120(a)(5)).
“April 25, 2025, Damon Inc. (the “Company”) received a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”), stating that based on its review of the Company’s public filings with the Securities and Exchange Commission (the “SEC”), its staff has determined to delist the Company’s securities pursuant to its discretionary authority under Listing Rule 5101. Specifically, as set forth in the letter, Nasdaq’s staff determined that the Company’s issuance of securities pursuant to the underwriting agreement dated March 20, 2025, particularly the Serie”
Listing & Compliance Notices
Damon Inc. received a nasdaq delisting notice notice regarding minimum bid price (rules 5810(c)(3)(A)(iii)).
“April 4, 2025, Damon Inc. (the “Company”) received notice from the staff of Nasdaq (the “Staff”) that the Staff has determined that as of April 3, 2025, the Company’s common shares had a closing bid price of $0.10 or less for ten consecutive trading days, triggering application of Listing Rule 5810(c)(3)(A)(iii) which states in part: if during any compliance period specified in Rule 5810(c)(3)(A), a company’s security has a closing bid price of $0.10 or less for ten consecutive trading days, the Listing Qualifications Department shall issue a Staff Delisting Determination under Rule 5810 with”
Listing & Compliance Notices
Damon Inc. received a nasdaq noncompliance notice notice regarding market value (rules 5450(b)(2)(C), 5810(c)(3)(D)).
“March 20, 2025, the Company received a written notice (the “Notice”) from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for the 30 consecutive business days from February 3, 2025 to March 19, 2025, the Company’s Market Value of Publicly Held Shares (“MVPHS”) had not maintained a minimum aggregate market value of $15,000,000 required for continued listing on The Nasdaq Global Market pursuant to Nasdaq Listing Rule 5450(b)(2)(C) (the “MVPHS Rule”). The Notice does not impact the listing of the Common Shares on The Nasdaq”
Listing & Compliance Notices
Damon Inc. received a nasdaq deficiency notice notice regarding minimum bid price.
“January 22, 2025, Damon Inc. (the “Company”) received a written notice (the “Notice”) from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for the”
Listing & Compliance Notices
Damon Inc. received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(2)(A), 5810(c)(3)(C)).
“January 7, 2025, Damon Inc. (the “Company”) received a written notice (the “Notice”) from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for the 30 consecutive business days from November 18, 2024 to January 6, 2025, the Company’s Market Value of Listed Securities (“MVLS”) was below the minimum of $50 million required for continued listing on The Nasdaq Global Market pursuant to Nasdaq Listing Rule 5450(b)(2)(A) (the “MVLS Requirement”). An indicator will be displayed with quotation information related to the Company’s”
Listing & Compliance Notices
Damon Inc. received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(2)(A), 5810(c)(3)(C)).
“January 7, 2025, Damon Inc. (the “Company”) received a written notice (the “Notice”) from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for the”
Governance Changes
Damon Inc.: Amendment to Notice of Articles to create a new class of Multiple Voting Shares with seven votes per share, convertible to Subordinate Voting Shares under specified conditions (effective 2024-11-12).
“On November 12, 2024, the Company filed a Notice of Alteration with the Province of British Columbia Registrar of Companies to amend its Notice of Articles to, among other things, reflect the amended articles of the Company (the "Articles Amendment").”
M&A Transactions
Damon Inc. completed an acquisition involving Damon Inc. (closed 2024-11-13).
“f earliest event reported): November 12, 2024 DAMON INC. (Exact name of registrant as specified in its charter) British Columbia 001-42190 N/A (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S.”
M&A Transactions
Damon Inc. underwent a change of control involving Damon Motors Inc. (closed 2024-11-13).
“As a result of the closing of the Business Combination, a change in control of the Company has occurred, and Damon became a wholly owned subsidiary of the Company.”
Melanie Figueroa was appointed as Director at Damon Inc..
“Jay Giraud, Karan Sodhi, Shashi Tripathi, Bal Bhullar and Melanie Figueroa were appointed as members of the board of directors”
Shashi Tripathi was appointed as Director at Damon Inc..
“Jay Giraud, Karan Sodhi, Shashi Tripathi, Bal Bhullar and Melanie Figueroa were appointed as members of the board of directors”
Karan Sodhi was appointed as Director at Damon Inc..
“Jay Giraud, Karan Sodhi, Shashi Tripathi, Bal Bhullar and Melanie Figueroa were appointed as members of the board of directors”
Amber Spencer was appointed as Chief Marketing Officer at Damon Inc..
“Amber Spencer 34 Chief Marketing Officer”
Derek Dorresteyn was appointed as Chief Technology Officer at Damon Inc..
“Derek Dorresteyn 57 Chief Technology Officer”
Baljinder Kaur Bhullar was appointed as CFO and Director at Damon Inc..
“Baljinder (Bal) Bhullar, Chief Financial Officer and Director Bal Bhullar was appointed to serve as CFO and Director of the Company with effect upon the closing of the Business Combination.”
Jay Giraud was appointed as CEO, President and Executive Chairman of the Board at Damon Inc..
“Damon Jay Giraud 48 CEO, President and Executive Chairman of the Board”
Nadir Ali resigned as Sole Officer and Director at Damon Inc..
“Mr. Nadir Ali resigned as the sole officer and director of the Company.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.