SCHEDULE 13G: S.H.N. Financial Investments Ltd. Discloses 9.99% Stake in Damon, Inc.

S.H.N. Financial Investments Ltd., an Israeli financial institution, has reported a 9.99% beneficial ownership stake in Damon, Inc., comprising common stock and warrants.

Summary

• S.H.N. Financial Investments Ltd. has filed a Schedule 13G, disclosing its beneficial ownership in Damon, Inc.
• The reporting person, an Israeli financial institution, holds an aggregate of 16,295,179 shares of Damon, Inc. common stock.
• This ownership represents 9.99% of Damon, Inc.'s outstanding common stock, based on 158,319,728 shares outstanding as per the Issuer's Prospectus filed on March 21, 2025.
• The beneficially owned shares consist of 11,500,000 shares of common stock and 4,795,179 shares of common stock underlying warrants.
• An additional 6,704,821 shares underlying warrants are not included in the reported beneficial ownership due to a 9.99% beneficial ownership limitation.
• The filing certifies that the securities were not acquired for the purpose of changing or influencing the control of Damon, Inc.

Sentiment

Score: 7

Explanation: The disclosure of a significant 9.99% stake by a financial institution, particularly one that is passive, generally signals confidence in the company's prospects, which is a positive indicator for existing and potential investors.

Positives

• A significant stake by a financial institution like S.H.N. Financial Investments Ltd. can be interpreted as a vote of confidence in Damon, Inc.'s current valuation and future prospects.
• The passive nature of the filing (Schedule 13G) indicates that the investor is not seeking to influence or control the company, which can provide stability.

Risks

• The beneficial ownership limitation on warrants means S.H.N. Financial Investments Ltd. cannot immediately convert an additional 6,704,821 shares, potentially limiting their upside participation if the stock price increases significantly and they wish to exercise more warrants.

Future Outlook

The document does not contain any forward-looking statements or guidance from Damon, Inc. itself, as it is a beneficial ownership report filed by an investor.

Management Comments

• Nir Shamir, Chief Executive Officer of S.H.N. Financial Investments Ltd., may be deemed to beneficially own the securities described herein, but disclaims beneficial ownership of these securities for all other purposes.

Industry Context

This filing indicates a significant investment by a financial institution in Damon, Inc., reflecting an investor's decision to take a substantial, passive stake in the company. Such filings are common disclosures in the public markets, providing transparency on major ownership positions.

Stakeholder Impact

• Shareholders: The disclosure of a significant, passive institutional investment may be viewed positively, potentially boosting investor confidence and market perception of Damon, Inc.

Key Dates

Keywords

Damon Inc., S.H.N. Financial Investments Ltd., Schedule 13G, Beneficial Ownership, Common Stock, Warrants, Institutional Investor, Equity Stake, SEC Filing