Form 3 - Initial statement of beneficial ownership of securities
16 Décembre 2024 - 11:46PM
Edgar (US Regulatory)
Exhibit 24
Limited Power
of Attorney
The undersigned hereby appoints
and authorizes each of Bal Bhullar, Siyuan An and Juan Felipe Velasquez, as the undersigned’s true and lawful attorney-in-fact,
with full power of substitution and authority to act alone, to:
| (1) | prepare, execute in the undersigned’s name and on the undersigned’s
behalf, and submit to the U.S. Securities and Exchange Commission (the “SEC”) a Form ID, including amendments
thereto, and any other documents necessary or appropriate to obtain codes and passwords enabling the undersigned to make electronic filings
with the SEC of reports required by Section 16(a) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”),
and the rules and regulations thereunder; |
| (2) | execute for and on behalf of the undersigned Forms 3, 4 and 5 (including amendments
thereto) in accordance with Section 16(a) of the Exchange Act, and the rules and regulations thereunder; |
| (3) | do and perform any and all acts for and on behalf of the undersigned that may be
necessary or desirable to complete and execute any such Form 3, 4 or 5, complete and execute any amendment or amendments thereto, file
that Form with the SEC and any stock exchange or similar authority, and provide a copy as required by law or advisable to such persons
as the attorney-in-fact deems appropriate; and |
| (4) | take any other action of any type in connection with the foregoing which, in the
opinion of each such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being
understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Limited Power of Attorney
shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact's discretion. |
The undersigned hereby
grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary,
or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned
might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that the attorney-in-fact,
or the attorney-in-fact’s substitute or substitutes, will lawfully do or cause to be done by virtue of this Limited Power of Attorney
and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorneys-in-fact, and their substitutes, in
serving in such capacity at the request of the undersigned, are not assuming, nor is Damon Inc. or Norton Rose Fulbright US LLP, any of
the undersigned’s responsibilities to comply with Section 16 of the Exchange Act.
The undersigned agrees
that each such attorney-in-fact may rely entirely on information furnished orally or in writing by or at the direction of the undersigned
to the attorney-in-fact. The undersigned also agrees to indemnify and hold harmless Damon Inc., Norton Rose Fulbright US LLP, and each
such attorney-in-fact against any losses, claims, damages or liabilities (or actions in these respects) that arise out of or are based
upon any untrue statements or omissions of necessary facts in the information provided by or at the direction of the undersigned, or upon
the lack of timeliness in the delivery of information by or at the direction of the undersigned, to that attorney-in-fact for purposes
of executing, acknowledging, delivering or filing any Form 3, 4 or 5 (including any amendment thereto) and agrees to reimburse Damon Inc.,
Norton Rose Fulbright US LLP and the attorney-in-fact on demand for any legal or other expenses reasonably incurred in connection with
investigating or defending against any such loss, claim, damage, liability or action.
This Limited Power of Attorney shall remain in full
force and effect until the undersigned is no longer required to file Forms 3, 4 and 5 with respect to the undersigned’s holdings
of and transactions in securities issued by Damon Inc., unless earlier revoked by the undersigned in a signed writing delivered to the
foregoing attorneys-in-fact.
Executed this 5th
day of December, 2024.
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/s/ Dominique Kwong |
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Name: Dominique Kwong |
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