VANCOUVER, BC, July 15, 2025 /PRNewswire/ - Damon Inc. (OTCID: DMNID) ("Damon" or the "Company"), a designer and developer of electric motorcycles and other personal mobility products that seek to empower the personal mobility sector through innovation, has been featured in an exclusive WebBikeWorld article, offering investors and enthusiasts a closer look at the company's strategic direction, innovative technologies, and market positioning in the rapidly evolving electric mobility sector. The article provi ...

Core Viewpoint - Damon Inc. has decided to forego its right to appeal Nasdaq's delisting determination, allowing its common shares to trade on an alternative market starting May 20, 2025 [1] Company Overview - Damon Inc. designs and develops electric motorcycles and personal mobility products, focusing on innovation, data intelligence, and strategic collaborations [1] - The company operates across four revenue verticals: Data Intelligence & Services, Engineering Services, Personal Mobility Products, and Special Projects [3] - Damon aims to capture a significant share of the $40 billion global electric two-wheeler market by 2030 [3] Market Transition - Damon’s common shares will resume trading on Nasdaq for one day on May 19, 2025, before being suspended [1] - The company expects to begin trading on the OTC Pink Current Market on May 20, 2025, and will pursue an application to trade on the OTCQB [2] Compliance and Standards - As a SEC reporting company, Damon exceeds the minimal current information standard required for the OTCID Basic Market [2] - The OTCID Basic Market will be effective as of July 1, 2025, and is designed for companies that meet minimal current information standards without the qualitative standards of higher OTC markets [2]