Business
DarkIris Inc. Announces 16 for 1 Share Consolidation
Move ensures continued compliance with Nasdaq while positioning the Company to execute its global AI-generated content (AIGC) expansion and synergistic acquisitionsHONG KONG, May 07, 2026 (GLOBE NEWSWIRE) -- DarkIris Inc. (Nasdaq: DKI) (the “Company” or “DarkIris”), a comprehensive technology enterprise engaged in the development, publishing and operating of mobile digital games through various third-party digital storefronts, today announced that it will effect a share consolidation of its Clas
About this update from Darkiris Inc.
[{"type":"text","content":"Move ensures continued compliance with Nasdaq while positioning the Company to execute its global AI-generated content (AIGC) expansion and synergistic acquisitions","length":164,"tagName":"p"},{"type":"text","content":"HONG KONG, May 07, 2026 (GLOBE NEWSWIRE) -- DarkIris Inc. (Nasdaq: DKI) (the “Company” or “DarkIris”), a comprehensive technology enterprise engaged in the development, publishing and operating of mobile digital games through various third-party digital storefronts, today announced that it will effect a share consolidation of its Class A ordinary shares of par value US$0.0001 each and Class B ordinary shares of par value US$0.0001 each at a ratio of 1-for-16, effective on May 11, 2026 (the “Share Consolidation”). The Company’s Class A ordinary shares are expected to begin trading on a post-consolidation basis at the open of the market session on May 11, 2026. Upon the market opening on May 11, 2026, the Company’s Class A ordinary shares will continue to trade on The Nasdaq Capital Market under the symbol “DKI” with the new CUSIP number G2657S111.","length":858,"tagName":"p"},{"type":"text","content":"Prior to the Share Consolidation, 26,361,114 Class A ordinary shares are issued and outstanding. As a result of the Share Consolidation, every 16 shares (or part thereof) will be combined into one (1) share, with fractional shares rounded up to the next whole share, and approximately 1,647,570 Class A ordinary shares will be issued and outstanding after the Share Consolidation. The Company is authorized to issue 31,250,000 number of shares, divided into two Classes consisting of: (i) 28,125,000 Class A ordinary shares of par value US$0.0016 each and (ii) 3,125,000 Class B ordinary shares of par value US$0.0016 each. All outstanding stock options, warrants and other rights to purchase the Company’s Class A ordinary shares will be adjusted proportionately as a result of the Share Consolidation.","length":803,"tagName":"p"},{"type":"text","content":"Upon the effectuation of the Share Consolidation, shareholders holding shares through a bank, broker or other nominee will have their shares automatically adjusted to reflect the Share Consolidation. Beneficial holders may contact their bank, broker or nominee for more information. Please direct any questions to your broker or the Company's transfer agent, Transhare Corp...