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Damon ( (DMNID) ) just unveiled an update.
On July 16, 2025, Damon Inc. entered into new executive employment agreements with its CEO, Dominique Kwong, and CFO, Baljinder Bhullar. These agreements, which replace previous interim contracts, outline their compensation packages, including salaries, bonuses, stock options, and benefits. The contracts are set for an initial term of three years with automatic renewals unless notice is given. The agreements also detail termination packages, ensuring financial security for the executives under various circumstances, such as non-renewal or termination without cause.
Spark’s Take on DMNID Stock
According to Spark, TipRanks’ AI Analyst, DMNID is a Underperform.
Damon Inc. is facing critical financial challenges with significant operational losses and high financial risk. Technical analysis indicates bearish trends, and valuation is unappealing due to lack of profitability. While recent corporate actions show efforts to reduce debt, the termination of loan agreements may hinder future financing, adding to the company’s precarious position.
To see Spark’s full report on DMNID stock, click here.
More about Damon
Average Trading Volume: 261,274
Current Market Cap: $1.78M
For detailed information about DMNID stock, go to TipRanks’ Stock Analysis page.