Event-Driven Stocks

Damon Inc.

DMNIFOTCCompleted

Formerly Grafiti Holding Inc.

Spin-offSpun off from Inpixon

The two companies

Parent
Inpixon
↓ spun off ↓
Spin-off
Damon Inc.DMNIFOTC
Industrials

Open either company's hub for its full SEC financials, ratios, ownership, filings, and every other event it's been part of.

Sector
Industrials
Industry
Motorcycles, Bicycles & Parts
Exchange
OTC
State of incorporation
A1
Record date
December 27, 2023
Distribution date
December 27, 2023
Ratio
1:50
Parent sector
Form
10-12B/A
Filed
September 27, 2024

Financials — parent vs spin-off

SEC XBRL · latest year
Inpixon

No XBRL financials available.

Damon Inc.FY25
Revenue
$222,736
Operating income
−$31M
Net income
−$5M
Total assets
$4M
Equity
−$10M

Latest reported figures from each company's own SEC filings — the parent after the separation and the spin-off as a standalone. Full multi-year history on each company hub.

Spin-off signals

score 1/5 favorable · factors, not advice
  • Leverage (liabilities/assets)342%

    A heavy debt load loaded onto the spin-off is a known risk; a clean balance sheet is favorable.

  • Operating margin-14131.0%

    Profitability of the standalone business, from its own SEC filings.

  • Tax-basis reportNone found

    A Form 8937 (basis allocation) accompanies tax-free §355 spin-offs — favorable for taxable holders.

  • Insider buying (post-spin)None recorded

    Officers/directors buying their own newly independent shares (Form 4) has historically preceded outperformance.

  • Time since spin-off2.4 years

    Studies find the spin-off return premium concentrates in roughly the first one to three years.

Factors the spin-off research literature (Greenblatt; Cusatis-Miles-Woolridge; Desai-Jain) associates with outcomes — computed from this company's own SEC filings, shown as factors, not a recommendation. The premium is debated and not guaranteed. How we compute these ↗

Filings & documents

Every entry traces to SEC EDGAR. The Information Statement is the primary source; the links below open the full filing and each company's complete filing history.