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Damon Inc. ( (DMN) ) just unveiled an update.
On March 29, 2025, Damon Inc. announced the termination of several loan agreements with Braebeacon Holdings Inc. and East West Capital, LLC. These agreements, originally dated November 13, 2024, included Note Purchase Agreements, Secured Promissory Notes, Security Agreements, Intellectual Property Security Agreements, and Guarantees. No funds had been received by Damon Inc. under these agreements prior to their termination. The termination extinguishes all rights and obligations under these agreements, impacting the company’s financial arrangements and potentially its future financing strategies.
More about Damon Inc.
YTD Price Performance: -98.70%
Average Trading Volume: 47,239,619
Find detailed analytics on DMN stock on TipRanks’ Stock Analysis page.