#Canada #Vancouver #Damon Inc. #electric motorcycles #Reverse Split

Damon Inc. Announces Reverse Stock Split

On June 30, 2025, Damon Inc., a prominent player in the electric motorcycle and personal mobility sector, confirmed its decision to implement a reverse stock split. This strategic move, set to take effect on July 3, 2025, aims to consolidate its shares, improving its market standing and accessibility for investors.

The reverse split will involve a consolidation ratio of one post-split share for every 125 pre-split shares. As a result, the total shares issued will be reduced from approximately 2.45 billion to roughly 19.6 million. Significantly, no fractional shares will be created in the process—any resulting fractions under a half share will be canceled, while those equal to or exceeding half a share will be converted to a whole share.

Why a Reverse Stock Split?

A reverse stock split is a common practice among companies looking to enhance their share price or overall market presence. By consolidating shares, Damon aims to not only increase the stock price but also to attract a broader range of institutional investors who may have minimum price requirements for inclusion in their portfolios. High share counts can often lead to perceptions of instability, and this move is designed to counteract that.

Damon Inc. has positioned itself as an innovator within the personal mobility market, focusing on developing electric motorcycles and integrated technologies designed to enhance rider safety and experience. The company is primed to capitalize on the booming global electric two-wheeler market projected to reach $40 billion by 2030, according to a McKinsey Report on Micromobility.

The Future of Damon Inc.

While the name of the company remains unchanged post-split, the financial adjustments reflect a new phase in its growth strategy. This reverse stock split coincides with Damon's ongoing efforts to innovate within the industry and strengthen its competitive edge. By strategically managing its capital and operations, Damon aims to position itself for sustained growth and profitability amid a rapidly evolving industry landscape.

The company also highlights its commitment to integrating emerging technologies, including data analytics and AI-driven solutions, into its offerings. Damon’s focus on accessibility and innovation ensures that it stays aligned with market trends, paving the way for potential future developments in the realm of sustainable transportation solutions.

Final Thoughts

As Damon Inc. embarks on this strategic move, stakeholders and market watchers alike are keen to see how this will affect the company’s performance in the coming years. With a solid foundation built on innovation and adaptability, Damon remains poised to take significant strides in the electric mobility sector, reinforcing its mission to revolutionize personal transportation for users worldwide.