Welcome to our dedicated page for Damon news (Ticker: DMNIF), a resource for investors and traders seeking the latest updates and insights on Damon stock.
Damon Inc. (DMNIF) appears frequently in news coverage as a designer and developer of electric motorcycles, personal mobility products, and AI-enabled connected vehicle technology. Company updates often highlight progress on its HyperSport Race electric motorcycle program, the evolution of its Damon I/O rider intelligence platform, and steps in its transition toward a technology-focused, asset-light business model.
Investors and observers following Damon’s news can expect announcements about engineering and design milestones, such as the completion of HyperSport Race engineering concept phases and full-scale clay modelling, as well as developments in prototype planning. Damon’s releases also describe enhancements to the Damon I/O platform, including advanced machine learning modules for adaptive rider performance and plans for end-to-end encrypted telematics to protect ride and diagnostics data.
Capital markets and corporate actions are another recurring theme in Damon’s news flow. The company has reported a Regulation A+ equity offering intended to fund product and platform development, disclosed that its shares trade on an over-the-counter market under the symbol DMNIF, and announced a 1-for-125 reverse split of its common shares. News items also cover its participation in investor conferences and its efforts to build partnerships with OEMs, fleet operators, and technology partners.
For readers tracking DMNIF, the news stream provides context on how Damon describes its strategy in data intelligence, engineering services, personal mobility products, and special projects. Regularly reviewing these updates can help users understand the company’s stated progress on its connected vehicle platform, electric motorcycle initiatives, financing activities, and risk disclosures as reflected in its public communications.
Damon (DMN) announced management will present at the LD Micro Main Event XIX at Hotel del Coronado in San Diego on Tuesday, Oct 21, 2025 at 2:30pm PT.
The presentation will be available via webcast at ldmicrocasts.com, and management will hold one-on-one investor meetings during the conference; meeting requests can be made through conference representatives or via James@HaydenIR.com.
This event follows Damon’s recent $30 million Reg A+ offering aimed at advancing its personal mobility products and AI-enabled connected vehicle strategy; more investor information is at invest.damon.com.
Damon Inc. (DMNIF) has reported its fiscal year 2025 results and provided a strategic business update. The company has transformed from an electric motorcycle manufacturer to a technology-focused platform company, launching its Damon I/O™ platform for AI-enabled rider intelligence and connected services. Key developments include advancing the HyperSport Race program with completed clay modeling, transitioning to an asset-light business model, and announcing a $30 million Reg A+ offering.
Financial results show a net loss of $5.35 million ($1.15 per share), improved from a $33.97 million loss in the previous year. The company reported cash holdings of $2.5 million and reduced total liabilities to $14.0 million from $52.2 million year-over-year. Operating expenses increased to $31.5 million, including $14.1 million in non-cash impairment charges.
Damon Inc. (DMNIF) has achieved a significant milestone by completing the clay master model of its Hypersport Race (HSR) electric motorcycle. This development follows the company's recent announcement of a $30 million Reg A+ offering to advance its personal mobility products and AI-enabled connected vehicle strategy.
The clay model completion represents a crucial transition from digital concept to physical form, incorporating ergonomic and aerodynamic features refined through Computational Fluid Dynamics (CFD) simulations. The project, developed in collaboration with Italian firm Engines Engineering, aims to integrate Damon's proprietary Damon IO™ AI-enabled platform with advanced hardware design.
The company will now proceed with creating a functional prototype for track testing and technology validation, focusing on enhancing rider safety, awareness, and connectivity through its cloud-connected ecosystem.
Damon Inc. (OTCID: DMNIF) has announced plans to implement end-to-end encryption for its Damon I/O personal mobility platform. The company aims to be among the first in the sector to offer comprehensive data protection for ride logs, location histories, diagnostics, and user profiles from edge devices to cloud servers.
Under CEO Dom Kwong's leadership, Damon is preparing for future quantum computing threats by enhancing its cybersecurity defenses. The platform will comply with major privacy regulations including GDPR, CPRA, and PIPEDA. These security features will be available in all Damon vehicles and offered to OEM partners through their white-label platform.
Damon Inc. (OTCID: DMNIF) has launched a $30 million Regulation A+ equity offering to advance its electric motorcycle and AI-enabled connected vehicle technology. The offering consists of units priced at $0.10 each, comprising one Common Share and one Warrant exercisable at $0.12 for 3 years.
The company is evolving beyond manufacturing electric motorcycles to focus on its Damon I/O platform, a connected vehicle technology suite that can be licensed to other OEMs and fleet operators. With over 3,000 pre-orders for its electric motorcycles, Damon aims to generate multiple revenue streams through OEM licensing, commercial fleet solutions, consumer subscriptions, and AI-powered data services.
Damon Inc. (OTCID: DMNIF) has announced an innovative application of its Damon I/O platform, designed to enhance track rider performance and create new revenue streams. The AI-enabled platform collects comprehensive riding data, including GPS-based metrics, lean angles, and battery performance, to provide riders with personalized insights and safety recommendations.
Led by CEO Dom Kwong, the company aims to transform traditional motorcycle training by offering an intelligent assistant that leverages collective expertise. The platform's subscription-based model presents opportunities for recurring revenue through data-driven applications, with potential expansion from track riding to street applications to address global motorcycle safety concerns.
Damon Inc. (OTCID: DMNIF) has initiated full-scale clay modelling for its HyperSport Race motorcycle, marking a crucial transition from digital concept to physical form. This development represents the integration of the company's Damon IO™ AI-enabled platform with its hardware design.
The clay modelling process, scheduled through September 2025, focuses on optimizing both aerodynamics and ergonomics to complement the motorcycle's advanced technology features. CEO Dom Kwong emphasizes that this phase demonstrates the merger of their software-defined vision with physical engineering, aiming to enhance rider safety, awareness, and connectivity through their cloud-connected ecosystem.
Damon (OTCID: DMNIF) has announced a significant upgrade to its Damon I/O platform with an advanced machine learning module, specifically designed for its upcoming Hypersport Race (HSR) electric motorcycle model. The new system, set to enter prototype development in September 2025, features dynamic performance tuning that analyzes rider behavior, vehicle data, and environmental inputs.
The enhanced platform provides track riders with sophisticated lap-by-lap performance analysis, including cornering speed, braking patterns, and throttle control. The system processes data both on the motorcycle (edge learning) and in the cloud, creating a continuous feedback loop that delivers personalized insights for improved performance and safety.
Damon Inc. (OTCID: DMNIF) has successfully completed the Engineering and Design Concept Development phases for its next-generation HyperSport Race electric motorcycle platform. The company achieved several key milestones including comprehensive mission analysis, strategic component selection, integrated vehicle platform layout, definitive design vision, and Class B surface digital model development.
The project will advance to its next phase in September 2025, focusing on concept validation and physical prototype development. The HyperSport Race is designed to showcase Damon's advanced electric powertrain, AI-enabled safety systems, and Damon I/O data intelligence platform.
Damon (OTC Pink: DMNIF), a designer and developer of electric motorcycles and personal mobility products, has announced a 125:1 reverse stock split effective July 3, 2025. The company's outstanding shares will be reduced from 2,450,477,042 to approximately 19,603,816 shares.
The company's name will remain unchanged, with new CUSIP number 235750205 and ISIN number CA2357502053. Fractional shares will be handled by rounding down if less than half a share and up if equal to or greater than half a share. All outstanding exercisable or convertible securities will be proportionally adjusted following the reverse split.
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