Damon Inc. filed a Form S-1 registration statement for an initial public offering on 2024-09-27. It has amended it 2 times. It filed its final prospectus on 2025-03-21, at a public offering price of $0.13 per share. Each fact below is quoted from the filing named with it.
What the filings say
Listing
Our common shares are listed on the Nasdaq Global Market under the symbol “DMN.” The closing price of our common shares on Nasdaq on March 20, 2025 was $0.124 per share.From the 424B4 filed 2025-03-21
Shares offered
We are offering 126,900,000 units (the “Units”), each Unit consisting of:From the 424B4 filed 2025-03-21
Offering price
See “ Description of Our Securities .” We are offering each Unit at a public offering price of $0.130 per Unit.From the 424B4 filed 2025-03-21
Use of proceeds
We currently expect to use the net proceeds for working capital and general corporate purposes, including research and development, as well as marketing and sales of our products.From the 424B4 filed 2025-03-21
Net loss or income
Prior to the Closing, Grafiti Holding incurred a net loss of approximately US$1.3 million for the fiscal year ended June 30, 2024 and approximately US$1.6 million during the quarter ended September 30, 2024, and had an accumulated deficit of approximately US$3.3 million as of September 30, 2024.From the S-1 filed 2025-03-18
Timeline
| Filed | What it is | Filing |
|---|---|---|
| 2024-09-27 | Registration statement filed | S-1 |
| 2024-11-01 | Registration statement amended | S-1/A |
| 2025-01-16 | Registration statement filed | S-1 |
| 2025-01-31 | Registration statement amended | S-1/A |
| 2025-03-18 | Registration statement filed | S-1 |
| 2025-03-21 | Final prospectus filed: the offering is priced | 424B4 |
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Where this comes from
A company that wants to sell shares to the public in the United States files a registration statement with the SEC: Form S-1 for a US company, Form F-1 for a foreign one. It amends that statement as the figures and terms are filled in, usually adding the expected price range shortly before the offering. Once the offering is priced it files its final prospectus under Rule 424(b)(4). A company that decides not to go ahead can ask for the registration statement to be withdrawn on Form RW.
Every row on this page is one of those filings, linked to the filing itself. The facts are the company's own sentences, quoted from the filing named beside each one and never reworded; where no filing states a fact in a sentence that can be read exactly, this page leaves it out. A filing is the company's statement of its plans and its figures, not a verification of them, and nothing here is investment advice.