Damon Announces Plan to Resume Trading
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 16 2025
0mins
Source: PRnewswire
Company Delisting and Trading Transition: Damon Inc. has decided not to appeal Nasdaq's delisting determination, allowing its shares to trade on the OTC Pink Current Market starting May 20, 2025, after a brief resumption on Nasdaq for one day.
Business Overview and Future Plans: Damon Inc. focuses on electric motorcycles and personal mobility products, aiming to capture a significant share of the $40 billion global electric two-wheeler market by 2030, while also pursuing an application to trade on the OTCQB market.
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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.
