Damon Shares to Trade on Nasdaq for One Day, OTC Pink Trading Expected

Dow Jones05-17

By Josh Beckerman

Damon shares, which traded below one cent in the days before an April 29 Nasdaq halt, will resume trading Nasdaq for one day on Monday.

Damon, whose products include electric motorcycles, said it won't appeal a Nasdaq delisting determination and expects shares to start trading on the OTC Pink Current Market on Tuesday.

Nasdaq halted trading on April 29 pending receipt of additional information. Damon said April 30 that Nasdaq staff expressed concerns about a securities issuance due to substantial dilution for shareholders.

Write to Josh Beckerman at josh.beckerman@wsj.com

(END) Dow Jones Newswires

May 16, 2025 13:53 ET (17:53 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2536346752?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-05-17 01:53","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2536346752","market":"hk","top_or_hot":-1,"title":"Damon Shares to Trade on Nasdaq for One Day, OTC Pink Trading Expected","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Josh Beckerman \n</p>\n<pre>\n \n</pre>\n<p>\n  Damon shares, which traded below one cent in the days before an April 29 Nasdaq halt, will resume trading Nasdaq for one day on Monday. \n</p>\n<p>\n  Damon, whose products include electric motorcycles, said it won't appeal a Nasdaq delisting determination and expects shares to start trading on the OTC Pink Current Market on Tuesday. \n</p>\n<p>\n  Nasdaq halted trading on April 29 pending receipt of additional information. Damon said April 30 that Nasdaq staff expressed concerns about a securities issuance due to substantial dilution for shareholders. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Josh Beckerman at josh.beckerman@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 16, 2025 13:53 ET (17:53 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Damon Shares to Trade on Nasdaq for One Day, OTC Pink Trading Expected</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDamon Shares to Trade on Nasdaq for One Day, OTC Pink Trading Expected\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-05-17 01:53</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Josh Beckerman \n</p>\n<pre>\n \n</pre>\n<p>\n  Damon shares, which traded below one cent in the days before an April 29 Nasdaq halt, will resume trading Nasdaq for one day on Monday. \n</p>\n<p>\n  Damon, whose products include electric motorcycles, said it won't appeal a Nasdaq delisting determination and expects shares to start trading on the OTC Pink Current Market on Tuesday. \n</p>\n<p>\n  Nasdaq halted trading on April 29 pending receipt of additional information. Damon said April 30 that Nasdaq staff expressed concerns about a securities issuance due to substantial dilution for shareholders. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Josh Beckerman at josh.beckerman@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 16, 2025 13:53 ET (17:53 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2095319765.USD","symbol_name":"Natixis Thematics Subscription Economy R/A USD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2536346752","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2536346752","pubTimestamp":1747417980,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Damon shares, which traded below one cent in the days before an April 29 Nasdaq halt, will resume trading Nasdaq for one day on Monday.Damon, whose products include electric motorcycles, said it won't appeal a Nasdaq delisting determination and expects shares to start trading on the OTC Pink Current Market on Tuesday.Nasdaq halted trading on April 29 pending receipt of additional information. Damon said April 30 that Nasdaq staff expressed concerns about a securities issuance due to substantial dilution for shareholders.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2095319765.USD":"Natixis Thematics Subscription Economy R/A USD","IE00B3QW5Z07.USD":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (USD) ACC","LU2210150020.SGD":"Natixis Thematics Subscription Economy R/A SGD","IE00BGHQF748.EUR":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (EUR) ACC","BK4091":"摩托车制造商","LU2210149790.SGD":"Natixis Thematics Subscription Economy R/A SGD-H","QID":"两倍做空纳斯达克指数ETF-ProShares","SQQQ":"纳指三倍做空ETF","NVIW.SI":"NVDA 3xLongSG261006","BK4099":"汽车制造商","BK4585":"ETF&股票定投概念","USJW.SI":"ALPHAB 3xLongSG261006","DMNIF":"Damon Inc.","PSQ":"做空纳斯达克100指数ETF-ProShares","TSYW.SI":"TESLA 3xLongSG261006","TQQQ":"纳指三倍做多ETF","USAW.SI":"AMZN 3xLongSG261006","NDAQ":"纳斯达克OMX交易所","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","DMN":"Damon Inc","BK4588":"碎股","QLD":"2倍做多纳斯达克100指数ETF-ProShares","BK4112":"金融交易所和数据",".IXIC":"NASDAQ Composite","IE00B64PRP62.GBP":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (GBP) ACC"},"translate_title":"达蒙股票将在纳斯达克交易一天，场外交易预计为粉红色","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NQmain":1,"SQQQ":0.6,"QLD":0.6,"QID":0.6,"TQQQ":0.6,"MNQmain":0.6,".IXIC":1,"DMNIF":0.9,"NDAQ":1,"PSQ":0.6,"USJW.SI":0.6,"DMN":0.9,"NVIW.SI":0.6,"TSYW.SI":0.6,"USAW.SI":0.6},"content_text":"By Josh Beckerman \n\n\n \n\n\n  Damon shares, which traded below one cent in the days before an April 29 Nasdaq halt, will resume trading Nasdaq for one day on Monday. \n\n\n  Damon, whose products include electric motorcycles, said it won't appeal a Nasdaq delisting determination and expects shares to start trading on the OTC Pink Current Market on Tuesday. \n\n\n  Nasdaq halted trading on April 29 pending receipt of additional information. Damon said April 30 that Nasdaq staff expressed concerns about a securities issuance due to substantial dilution for shareholders. \n\n\n \n\n\n  Write to Josh Beckerman at josh.beckerman@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 16, 2025 13:53 ET (17:53 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2536346752","isCrawlerRequest":true}