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”
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 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”
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.