Damon Jay Giraud Files 13D for Damon Inc.
Ticker: DMNIF · Form: SC 13D · Filed: Nov 20, 2024 · CIK: 2000640
Sentiment: neutral
Topics: ownership-change, activist-filing, schedule-13d
Related Tickers: DAMON
TL;DR
**Damon Inc. 13D filed by Damon Jay Giraud via LIME DRAGON HOLDINGS CORP. Ownership change.**
AI Summary
Damon Jay Giraud, through LIME DRAGON HOLDINGS CORP., has filed a Schedule 13D on November 20, 2024, indicating a change in beneficial ownership of Damon Inc. common shares. The filing follows an event on November 13, 2024, requiring this disclosure. Damon Inc. is a computer programming services company incorporated in A1.
Why It Matters
This filing signals a significant change in the ownership structure of Damon Inc., potentially impacting its stock price and corporate strategy.
Risk Assessment
Risk Level: medium — Schedule 13D filings often indicate activist investor intentions or significant stake acquisitions, which can lead to increased volatility.
Key Numbers
- 20241120 — Filing Date (Date the Schedule 13D was filed with the SEC)
- 20241113 — Event Date (Date of the event requiring the filing)
Key Players & Entities
- Damon Jay Giraud (person) — Filing person and beneficial owner
- LIME DRAGON HOLDINGS CORP. (company) — Filing entity
- Damon Inc. (company) — Subject company
- Grafiti Holding Inc. (company) — Former company name
FAQ
What is the specific percentage of Damon Inc. shares beneficially owned by Damon Jay Giraud?
The provided text does not specify the exact percentage of shares owned, only that a Schedule 13D is being filed due to a change in beneficial ownership.
What was the event on November 13, 2024, that triggered this filing?
The filing states that November 13, 2024, is the 'Date of Event Which Requires Filing of This Statement,' but the specific nature of the event is not detailed in this excerpt.
What is the primary business of Damon Inc.?
Damon Inc. operates in the SERVICES-COMPUTER PROGRAMMING SERVICES sector, with SIC code 7371.
Has Damon Inc. undergone a name change previously?
Yes, Damon Inc. was formerly known as Grafiti Holding Inc., with the name change occurring on November 9, 2023.
Who is authorized to receive notices for this filing?
Damon Jay Giraud, located at 342 15th Street W, North Vancouver, British Columbia V7M 1S5, is authorized to receive notices and communications.
Filing Stats: 4,730 words · 19 min read · ~16 pages · Grade level 17.5 · Accepted 2024-11-20 20:28:25
Filing Documents
- ea0221934-13dgiraud_damon.htm (SC 13D) — 108KB
- ea022193401ex99-1_damon.htm (EX-99.1) — 3KB
- 0001213900-24-100681.txt ( ) — 112KB
Comment
Item 1 Comment: Item 2. Identity and Background Item 2: Identity and Background: If the person filing this statement or any person enumerated in instruction C of this statement is a corporation, general partnership, syndicate or other group of persons, state its name, the state or other place of its organization, its principal business, the address of its principal office and the information required by (d) and (e) of this item, If the person filing this statement or any person enumerated in instruction C is a natural person, provide the information specified in (a)(A) through (f) of this item with respect to such person(s). (a) Name This Schedule 13D is being filed by the following persons (each a “Reporting Person” and, collectively, the “Reporting Persons”): (1) Damon Jay Giraud (2) Lime Dragon Holdings Corp. (“Lime Dragon”) (b) Residence or business address The business address of the Reporting Persons is 704 Alexander Street, Vancouver, British Columbia, Canada V6A 1E3. (c) Present principal occupation or employment and the name, principal business and address of any corporation or other organization in which such employment is conducted. The principal occupation of Mr. Giraud is serving as Chief Executive Officer and Executive Chairman of the Board of Directors of the Issuer. The principal business of Lime Dragon is holding investments in the Issuer. (d) Whether or not, during the last five years, such person has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanours) and, if so, give he dates, nature of conviction, name and location of court, any penalty imposed, or other disposition of the case (e) Whether or not, during the last five years, such person was a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgement, decree of final order enjoining future v