Damon announces plan to resume trading

Vancouver, bc , may 16, 2025 /prnewswire/ - damon inc. (nasdaq: dmn) ("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, data intelligence and strategic collaborations, today announced that the company has determined to forego its right to appeal nasdaq's delisting determination, to enable the company's common shares to begin trading on an alternative market. the nasdaq staff has informed the company that its common shares will resume trading on nasdaq for one trading day, on may 19, 2025, prior to suspending the common shares as of the following trading day.
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