New Round added to ASRA schedule: VIR North Course
QuoteDamon Motorcycles faces a potential Nasdaq delisting as production delays, internal turmoil, and missed milestones threaten its future in the electric motorcycle market. ...https://news.imotorbike.com/en/2025/05/damon-motorcycles-nasdaq-electric/
Now trading at just $0.0075 on the Nasdaq, Damon faces the very real possibility of being delisted. That's a staggering fall for a company that once boasted $100 million in pre-orders from over 3,000 hopeful customers. But here's the real kicker: not a single bike has made it to production.
QuoteCanadian electric motorcycle brand-in-the-making Damon has been taking a beating on the stock ticker lately, with its shares plummeting to US$0.0075 on the Nasdaq exchange at the time of writing.
Quote...the company's CTO, Derek Dorresteyn—who was previously one of the chief architects of Alta Motorcycles—just left the company. That makes him the second high-profile executive to flee.
QuotePower to weight ratio
The Bukk is built to maximize and optimize the characteristics around the electric drivetrain. The robust build, at only 196lbs provides 456 Nm of instant torque. The unique power-to-weight formula is described by Remi Bizouard, 3x World FMX champion as: "It's extremely powerful, lightweight, and nimble. The bike geometry is robust and well balanced on trails and in the air. This creates new riding possibilities you couldn't do with a full-size bike."
QuoteThe CEO also shared that the company is exploring all options for their electric motorcycle, LiveWire, including potential third-party investments. However, Zeitz clarified that Harley-Davidson does not plan to inject additional investments into LiveWire at this time.from https://www.investing.com/news/stock-market-news/harleydavidson-ceo-on-new-entrylevel-models-tariffs-thirdparty-investments-for-livewire-93CH-4017010
QuoteEarlier this month, Harley-Davidson announced its earnings for the first quarter of the year. That included details about the Livewire, the company's recent foray into electric motorcycles. That information had two very alarming components to it: the first was that Livewire sales were down 72% relative to the first quarter of 2024. The second is just how many Livewires were sold in the first quarter of 2025, which is to say: 33. Not 33,000; not 3,300. Fewer than three dozen.