Shashi M. Tripathi - Nov 13, 2024 Form 4 Insider Report for Damon Inc. (DMN)

Role
Director
Signature
/s/ Bal Bhullar, by Power of Attorney
Stock symbol
DMN
Transactions as of
Nov 13, 2024
Transactions value $
$0
Form type
4
Date filed
11/15/2024, 08:59 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DMN Common Shares Award +29.3K 29.3K Nov 13, 2024 By Nurture Growth Fund, LP F1, F3
transaction DMN Common Shares Award +2.33K 2.33K Nov 13, 2024 By Nurture Group Ventures LLC F1, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DMN Warrants Award +32K 32K Nov 13, 2024 Common Shares 32K $7.81 By Nurture Growth Fund, LP F2, F3
transaction DMN Warrants Award +2.56K 2.56K Nov 13, 2024 Common Shares 2.56K $7.81 By Nurture Group Ventures LLC F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 13, 2024, Grafiti Holding Inc. (the "Company") consummated its business combination with Damon Motors Inc. pursuant to a Business Combination Agreement, dated October 23, 2024, among the Company, Damon Motors Inc., XTI Aerospace Inc. and 1444842 B.C. Ltd. (as amended, the "Business Combination Agreement"), following which the Company changed its name to "Damon Inc." The reporting person acquired these shares in exchange for certain securities held in Damon Motors Inc. immediately prior to the closing, which converted into common shares or Multiple Voting Shares of the Company pursuant to the Business Combination Agreement.
F2 These warrants were acquired in exchange for warrants issued by Damon Motors Inc. pursuant to the Business Combination Agreement.
F3 The reporting person is the managing partner/member of the fund and, as such, may be deemed to have beneficial ownership of the securities held by the fund. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, if any.