#Canada #Vancouver #Electric Motorcycle #Damon Inc. #Damon I/O

Damon Inc. Unveils $30 Million Equity Offering

Damon Inc., a pioneering designer and developer in the electric motorcycle sector, is rolling out a significant initiative to secure $30 million through a Regulation A+ equity offering. This move is directed at scaling its electric mobility solutions and enhancing its innovative AI-powered connected vehicle platform known as Damon I/O. As a company, Damon not only aims to elevate personal mobility through advanced electric motorcycles but also strives to integrate smart technology into personal transport, ensuring a safer, more efficient, and connected riding experience.

Offering Details

Launched on September 17, 2025, this equity offering marks a strategic step for Damon to not only enhance its existing products but also to venture into the rapidly growing connected vehicle market. The funds generated from this offering will primarily focus on advancing the HyperSport Race electric motorcycle program as well as enhancing the Damon I/O platform, which aims to set a new standard for personal mobility products and services. The offering will also assist in repaying senior secured convertible debt, facilitating ongoing working capital needs.

Each offered unit is priced at $0.10, comprising one common share and a warrant that allows the purchase of an additional common share at $0.12 within three years. Bonus units will also be available for investments exceeding $2,500, encouraging broader participation.

Empowering Personal Mobility

Damon has already secured over 3,000 pre-orders for its innovative electric motorcycles, which serve as the flagship representation of the capabilities of the Damon I/O platform. The company’s evolution is not limited to manufacturing; it embraces a broader business model that includes licensing its integrated hardware and software solutions to OEMs, commercial fleets, and technological partners. This expansion is aimed at leveraging the expertise developed through its electric motorcycle ventures to pay dividends in the connected vehicle realm.

According to Dominique Kwong, CEO and Founder of Damon: "Damon is more than an electric motorcycle company; we are a technology company building a platform to redefine the entire personal mobility industry." This statement underlines the company's vision of scaling its technological capabilities to provide value not just to Damon vehicles but across a wide array of vehicles manufactured by other companies.

A Broader Vision for Connected Vehicles

The Damon I/O strategy identifies multiple revenue opportunities that extend beyond mere vehicle sales. This includes:

• - OEM Licensing: Offering manufacturers a fast track into the connected vehicle market with advanced safety features and telematics.
• - Commercial Fleet Solutions: Delivering predictive maintenance, remote diagnostics, and risk assessments for logistics providers and last-mile delivery services.
• - Consumer Subscriptions: Enabling access to features such as navigation, ride analytics, and proprietary safety systems like CoPilot™ 360°.
• - AI-Powered Data Services: Creating prospects for mobility planning and partnerships with insurers and emergency services.

This dual approach—targeting both B2B and B2C sectors—positions Damon at the cutting edge of the converging domains of electric mobility and connected vehicle technology. As vehicles equipped with Damon I/O take to the roads, the platform is designed to evolve, enabling a network effect that enhances both its utility and competitive edge.

The Road Ahead

"No one else in the category is integrating safety, performance, and intelligence in the same way Damon does," stated Kwong. This encapsulates the transformative ambition of the company against a backdrop of traditional manufacturers which often struggle with deep software integration.

Damon is pioneering a modular and extensible platform aimed at partners wanting to modernize their fleets, providing the smarter, safer experiences that contemporary customers are increasingly demanding.

For those interested in supporting this vision of a connected mobility future, further details regarding investment opportunities are available at Invest.Damon.com.

Company Background

Founded on the aspiration to lead the charge in personal mobility innovation, Damon Inc. integrates AI and user-driven design into its sustainable transportation solutions. It operates across four verticals: Data Intelligence Services, Engineering Services, Personal Mobility Products, and Special Projects. As the global two-wheeler market continues to expand, Damon positions itself to capture a significant market share, emphasizing effective partnerships and advanced data capabilities.

For comprehensive insights on Damon’s objectives and the potential investment opportunity, please visit damon.com.