Damon Inc. Implements 1-for-125 Reverse Stock Split to Consolidate Shares

Reuters07-11

<a href="https://laohu8.com/S/DMNID">Damon Inc.</a> Implements 1-for-125 Reverse Stock Split to Consolidate Shares

Damon Inc. has announced a 1-for-125 reverse stock split of its outstanding common shares, effective July 3, 2025. This move is aimed at consolidating the number of shares and potentially enhancing the stock's market value. This change has been reflected in the company's financial statements, as indicated in their recent Form 8-K filing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Damon Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-062808), on July 10, 2025, and is solely responsible for the information contained therein.

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Implements 1-for-125 Reverse Stock Split to Consolidate Shares","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/DMNID\">Damon Inc.</a> Implements 1-for-125 Reverse Stock Split to Consolidate Shares\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        <a href=\"https://laohu8.com/S/DMNIF\">Damon Inc.</a> has announced a 1-for-125 reverse stock split of its outstanding common shares, effective July 3, 2025. This move is aimed at consolidating the number of shares and potentially enhancing the stock's market value. 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