Damon Motors Announces Merger with Inpixon for NASDAQ Listing
A casing etched in Damon's logo. Media provided by Damon Motors.
Now that Damon Motors has logged over 85 million US dollars in pre-production reservations for their safety-focused, 200/200/200 HyperSport (200hp / 200mph / 200 miles of range), the company has officially announced a new lean that will help carry their intent to a listing on the stock market.
From what we understand, this new move means more funds for the company, with highs and lows shared by Inpixon; we’ve contacted Damon for clarity on the matter, so standby on the response.
Meanwhile, we’ve got solid evidence that Inpixon’s excited to move forward with the merger:
We’re thrilled to partner with Damon on their journey and to provide our shareholders an additional opportunity to maximize shareholder value. Damon has achieved some remarkable innovations and generated an impressive level of demand and enthusiasm.”
We’re excited for Damon and its growing community of future Damon riders.”