Damon Motors Inc. Completes Business Combination with Grafiti Holding Inc. [Yahoo! Finance]
XTI Aerospace, Inc. (XTIA)
Company Research
Source: Yahoo! Finance
SAN RAFAEL, Calif. Nov. 14, 2024 /PRNewswire/ - Damon Motors Inc. ("Damon Motors"), maker of high-tech, high-performance motorcycles that are safer, smarter, and cleaner and deliver up to 200 hp., 200 mph, and 200 miles of range, today announced the completion of its business combination (the "Business Combination") with Grafiti Holding Inc. ("Grafiti"), a former subsidiary of XTI Aerospace, Inc. (formerly Inpixon, "XTI Aerospace") that was spun off to holders of record of XTI Aerospace as of December 27, 2023 . In connection with the Business Combination, Grafiti has been renamed Damon Inc., Damon Motors has become a wholly-owned subsidiary of Damon Inc., and Damon Inc. has been approved for Direct Listing on the Nasdaq Global Market. The common shares of Damon Inc. are expected to begin trading under the ticker symbol " DMN " on the Nasdaq Global Market on November 18, 2024 , with CUSIP number 235750106. Based upon the merger consideration issued to holders of Damon Motors securiti
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News
- XTI Aerospace Announces Closing of Business Combination Between Former Subsidiary and Damon Motors [Yahoo! Finance]Yahoo! Finance
- XTI Aerospace Announces Closing of Business Combination Between Former Subsidiary and Damon MotorsPR Newswire
- XTI Aerospace Provides Third Quarter 2024 Business Update [Yahoo! Finance]Yahoo! Finance
- XTI Aerospace Provides Third Quarter 2024 Business UpdatePR Newswire
- Damon Motors Inc. Completes Business Combination with Grafiti Holding Inc. [Yahoo! Finance]Yahoo! Finance
XTIA
Sec Filings
- 11/18/24 - Form 8-K
- 11/14/24 - Form 10-Q
- 11/12/24 - Form 8-K
- XTIA's page on the SEC website