Nasdaq Resumes Trading in Damon Inc.

Rhea-AI Summary

Nasdaq (NDAQ) has announced the resumption of trading for Damon Inc. (DMN) stock. Trading will resume on May 19, 2025 at 9:00 a.m. Eastern Time. The stock had been previously halted on April 29, 2025, at 2:01:07 p.m. Eastern Time, marking a trading suspension of approximately 20 days.

News Market Reaction

+0.76%

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+0.76% News Effect

On the day this news was published, NDAQ gained 0.76%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

NEW YORK, May 16, 2025 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market^® (Nasdaq: NDAQ) announced that trading will resume in Damon Inc. (Nasdaq: DMN) at 9:00 a.m. Eastern Time on May 19, 2025. Trading in the company’s stock was halted on April 29, 2025 at 2:01:07 p.m. Eastern Time.

For news and additional information about the company, please contact the company directly or check under the company’s symbol using InfoQuotes^SM on the Nasdaq^® Web site.

For more information about The Nasdaq Stock Market, visit the Nasdaq Web site at http://www.nasdaq.com.

NDAQO

Nasdaq Media Contact:
Sophia Weiss
Sophia.Weiss@nasdaq.com

FAQ

When will Damon Inc. (DMN) stock resume trading on Nasdaq?

Damon Inc. (DMN) stock will resume trading on May 19, 2025, at 9:00 a.m. Eastern Time.

How long was Damon Inc. (DMN) stock halted on Nasdaq?

Damon Inc. stock was halted for approximately 20 days, from April 29, 2025, at 2:01:07 p.m. Eastern Time until May 19, 2025.

What was the reason for Damon Inc. (DMN) trading halt on Nasdaq?

The press release does not specify the reason for the trading halt of Damon Inc. stock.

Where can investors find more information about Damon Inc. (DMN) stock?

Investors can find additional information about Damon Inc. by checking under the company's symbol using InfoQuotes on the Nasdaq website (www.nasdaq.com) or by contacting the company directly.