Things look very bad for Damon electric motorcycles

[Biketographer]

Damon Motorcycles faces a potential Nasdaq delisting as production delays, internal turmoil, and missed milestones threaten its future in the electric motorcycle market.  ...

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.

https://news.imotorbike.com/en/2025/05/damon-motorcycles-nasdaq-electric/

Canadian 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.

https://newatlas.com/motorcycles/damon-motorcycles-stock-wipeout/

...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.

https://www.rideapart.com/features/750361/damon-motorcycles-electric-ev-derek-dorresteyn-leaves/