Damon Provides Operational Business Update and Reports FY25 Q2 Results
- VANCOUVER, BC , Feb. 18, 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 partnerships, is providing this operational business update and overview of its financial results for the quarter ended December 31, 2024. FY25 Q2 Accomplishments and Highlights: The Company became publicly traded on NASDAQ under the symbol DMN Co-founder Dominique (Dom) Kwong appointed as interim CEO and Shashi Tripathi appointed as Chairman of the Board to drive operational excellence and accelerate execution of the company's business plans Launched Damon 2.0 strategy focused on expanding total addressable market while accelerating and diversifying potential revenue generation through multiple channels Progressed to asset/capital-light partnership model to support sustainable growth strategy Established four core potential revenue verticals: Data Intelligence, Personal Mobility, Licensing and Engineering Services, and Special Projects Improved Balance Sheet position compared to prior year through conversion of convertible debt Secured $10 million equity line of credit financing facility "In Q2, Damon executed pivotal strategic shifts, including key leadership transitions and the introduction of our Damon 2.0 strategy," said Dominique Kwong, interim CEO of Damon.
- 02/18/2025
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MLB Great Johnny Damon Expands A-GAME's Southern Presence in Deal With Greer's
- ORLANDO, Fla., Feb. 18, 2025 (GLOBE NEWSWIRE) -- A-GAME Beverages Inc. (“A-GAME”) has reached a deal with southeastern American grocery chain Greer's to carry A-GAME sports drinks across stores in Florida, Alabama, and Mississippi. Company founder and former MLB champion Johnny Damon, who was primarily raised in Florida, was originally inspired to start A-GAME to provide local athletes practicing in harsh humid conditions healthier sports drink options.
- 02/18/2025
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Damon Strengthens Operational Focus with Leadership Appointments: Dominique Kwong Named Interim CEO, Shashi Tripathi as Chairman
- SAN RAFAEL, Calif. , Dec. 5, 2024 /PRNewswire/ - Damon Inc. (NASDAQ: DMN) ("Damon" or the "Company"), maker of high-tech, high-performance motorcycles, announced today a strengthening of its focus on operational excellence through the appointment of Damon co-founder, Dominique (Dom) Kwong as interim Chief Executive Officer, and Shashi Tripathi as Chairman of the board of directors (the "Board").
- 12/05/2024
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Damon Inc. Issues CEO Letter Providing Business Update and Outlining Production Roadmap
- SAN RAFAEL, Calif. , Nov. 25, 2024 /PRNewswire/ - Damon Inc. (Nasdaq: DMN) ("Damon" or the "Company"), maker of advanced electric motorcycles, today announced the release of a letter from its Chief Executive Officer, Jay Giraud, providing an update on the Company's development progress, funding challenges, and planned roadmap to production.
- 11/25/2024
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Damon Inc. Announces New Revenue Opportunity with California's Zero-Emission Motorcycle (ZEM) Mandates
- SAN RAFAEL, Calif. , Nov. 20, 2024 /PRNewswire/ - Damon Inc., (Nasdaq: DMN) ("Damon"), maker of high-tech, high performance motorcycles that are safer, smarter, and cleaner and deliver up to 200 hp, 200 mph, and 200 miles of range, today announced it is poised to capitalize on California's newly introduced Zero-Emission Motorcycle (ZEM) mandates, creating new revenue stream opportunities that Damon believes will solidify its position as a trailblazer in the motorcycle industry.
- 11/20/2024
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Damon Inc.'s (Nasdaq: DMN) Electric Motorcycle Roars to Life in Stunning Video - Industry Disruptor Aims to Redefine Two-Wheel EV Market
- Video Footage Shows HyperSport Delivering Game-Changing Performance Up to 200 hp, 200 mph, and 200 miles of range Company's Proprietary EV Platform Showcased in Action Maker of high-tech, high-performance motorcycles that are safer, smarter, and cleaner SAN RAFAEL, Calif. , Nov. 18, 2024 /PRNewswire/ - Damon Inc. (Nasdaq: DMN), maker of high-tech, high-performance motorcycles that are safer, smarter, and cleaner and deliver up to 200 hp, 200 mph, and 200 miles of range, today released dramatic video of its revolutionary HyperSport electric motorcycle, showcasing the vehicle's groundbreaking performance capabilities and advancing the company's position as a leader in the electric motorcycle revolution.
- 11/18/2024
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Damon Inc. (Nasdaq: DMN) Makes Nasdaq Debut With Over $100 Million in Reservations
- Maker of Flagship HyperSport and HyperFighter Electric MotorcyclesSet to Begin Trading on November 18, 2024 Under Ticker Symbol "DMN" SAN RAFAEL, Calif. , Nov. 18, 2024 /PRNewswire/ - San Rafael, CA, November 18, 2024 – Damon Inc. ("Damon"), maker of high-tech, high-performance motorcycles that are safer, smarter, and cleaner and deliver up to 200 hp, 200 mph, and 200 miles of range, today announced its debut on the Nasdaq Global Market.
- 11/18/2024
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