Damon Inc. Announces 1-for-125 Reverse Stock Split Effective July 3, 2025
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Damon Inc. has announced a 1-for-125 reverse stock split effective July 3, 2025, reducing its shares from approximately 2.45 billion to about 19.6 million. The company will issue new CUSIP and ISIN numbers for the post-split shares, and no fractional shares will be issued. Fractions less than half a share will be canceled, while those equal to or greater than half a share will be rounded up to one full share. The company's name remains unchanged.
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