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0.0103626943005181 0.0103626943005181 0 0.0103626943005181 0.010362694300518 0.0243523316062175 0.0518134715025906 0.0601036269430052
Stock impact report

Damon Motors Provides Update on Business Combination with Grafiti Holding [Yahoo! Finance]

XTI Aerospace, Inc. (XTIA) 
Company Research Source: Yahoo! Finance
Combined Company has filed an application to list on Nasdaq under ticker DMN, VANCOUVER, BC June 24, 2024 /PRNewswire/ - Damon Motors Inc., makers of high-performance electric motorcycles that are safer, smarter, and cleaner with up to 200 mph, 200 hp, and 200 miles of range, today provided an update on the previously announced proposed business combination (the "Business Combination" or "BCA") with Grafiti Holding Inc. ("Grafiti"), a former subsidiary of XTI Aerospace, Inc. (formerly Inpixon, "XTI Aerospace"). The transaction is currently expected to close in the coming months, subject to obtaining the necessary regulatory approvals and satisfaction of other closing conditions described below and in its filings with the Securities and Exchange Commission ("SEC"). Upon the completion of the BCA, the combined company expects to list on the Nasdaq Stock Market ("Nasdaq") under the ticker symbol DMN, subject to the approval of an initial listing application which has also been submitt Show less Read more
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