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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.
Damon Inc. (OTC PINK: DMNIF), a company focused on electric motorcycles and personal mobility innovation, announced its stock symbol change from "DMN" to "DMNIF" on the OTC Pink Current market, effective May 20, 2025. The OTC Pink Current market will be rebranded as OTCID Market starting July 1, 2025. The announcement follows recent company developments, including the release of FY25 Q3 results and operational updates that highlight Damon's progress in sustainable mobility and data-driven solutions.