Core Viewpoint - Damon Inc. is focused on revolutionizing the personal mobility sector through innovative electric motorcycles and mobility products, while also emphasizing the importance of AI-enabled safety systems and sustainable transportation solutions [3]. Company Overview - Damon Inc. designs and develops personal mobility products and technology solutions, integrating AI-enabled safety systems and smart electrification [3]. - The company operates across four potential revenue verticals: Data Intelligence & Services, Engineering Services, Personal Mobility Products, and Special Projects [3]. - Damon aims to capture a significant share of the $200 billion global two-wheeler market by 2032 [3][4]. Recent Developments - Mr. Karan Sodhi has resigned from the Board of Damon Inc., with no indication of disagreement with the company [1].

Company Overview - Damon Inc. is a designer and developer of electric motorcycles and personal mobility products, focusing on innovation to empower the personal mobility sector [1][4] - The company aims to capture a significant share of the $40 billion global electric two-wheeler market by 2030 [4] Leadership Change - Dino Mariutti has been appointed as Interim Chief Financial Officer, succeeding Bal Bhullar, who resigned to pursue new opportunities [1][2] - Mariutti has been associated with Damon since 2017 and brings over 17 years of experience in mobility, technology, and advanced manufacturing [2] Financial Reporting - As of December 31, 2025, Damon continues to meet the definition of a "foreign private issuer" under U.S. securities regulations [3] - The company will start filing Annual Reports on Form 20-F and Reports of Foreign Private Issuer on Form 6-K with the U.S. Securities and Exchange Commission [3]

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]