Damon announces appeal to Nasdaq's delisting determination
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 16 2025
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Company's Decision on Nasdaq Delisting: Damon has chosen not to appeal Nasdaq's delisting decision, allowing its common shares to trade on an alternative market.
Transition to OTC Markets: The company's shares will resume trading on Nasdaq for one day before moving to the OTC Pink Current Market on May 20, with plans to transition to the OTCID Basic Market by July 1.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
