DarkIris Inc. Announces Closing of Initial Public Offering
The Company received aggregate gross proceeds of US$6.90 million from the Offering, before deducting underwriting discounts and other related expenses.
Net proceeds from the Offering will be used for: (i) expansion of the operations team and rewards to existing team members; (ii) product development, and (iii) working capital and other general corporate purposes.
The Offering was conducted on a firm commitment basis. US Tiger Securities, Inc. acted as the sole book runner for the Offering. Loeb & Loeb LLP acted as the U.S. counsel to the Company, and Robinson & Cole LLP acted as the U.S. counsel to US Tiger Securities, Inc. in connection with the Offering.
A registration statement on Form F-1 relating to the Offering was filed with the U.S. Securities and Exchange Commission (the 'SEC') (File Number: 333-288004), as amended, and was declared effective by the SEC on August 7, 2025. The Offering was made only by means of a prospectus, forming a part of the registration statement. Copies of the final prospectus relating to the Offering may be obtained from US Tiger Securities, Inc., Attn: 437 Madison Avenue, 27th Floor, New York, NY 10022, or by email at ecm@ustigersecurities.com, or by calling +1 (646)-978-5188. In addition, copies of the final prospectus relating to the Offering may be obtained via the SEC's website at www.sec.gov.
Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more information about the Company and the Offering. This press release does not constitute an offer to sell, or the solicitation of an offer to buy any of the Company's securities, nor shall there be any offer, solicitation or sale of any of the Company's securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.
About DarkIris Inc.
DarkIris Inc. is a comprehensive technology enterprise based in Hong Kong, engaged in the development, publishing and operating of mobile digital games through various third-party digital storefronts. The Company conducts its business through its subsidiaries, Quantum Arts Co., Limited and Hongkong Stellar Wisdom Co., Limited. The Company's activities include game design, programming and graphics, as well as the distribution and operation of mobile games across multiple platforms. DarkIris leverages (i) the innovative, creative and technical expertise of Hong Kong's gaming industry community, and (ii) the multicultural environment and diverse interests of mobile game players in the regions. The Company's goal is to create and promote a broader array of engaging, immersive, and captivating mobile game genres for a global audience. The Company is committed to consistently showcasing exceptional strength and unique allure across diverse gaming sectors, leading the way in pioneering advancements within the industry. For more information, please visit the Company's website: www.darkiris.com.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as 'may,' 'will,' 'expect,' 'anticipate,' 'aim,' 'estimate,' 'potential,' 'intend,' 'plan,' 'believe,' 'likely to' or other similar expressions in this prospectus. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC.
For more information, please contact:
DarkIris Inc.Investor Relations DepartmentEmail: dki@darkiris.com
Ascent Investor Relations LLCTina XiaoPhone: +1-646-932-7242Email: investors@ascent-ir.comSign in to access your portfolio
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
20 minutes ago
- Yahoo
Why FedEx (FDX) Dipped More Than Broader Market Today
FedEx (FDX) closed at $227.26 in the latest trading session, marking a -1.65% move from the prior day. The stock fell short of the S&P 500, which registered a loss of 0.29% for the day. Elsewhere, the Dow saw an upswing of 0.08%, while the tech-heavy Nasdaq depreciated by 0.4%. Heading into today, shares of the package delivery company had gained 1.18% over the past month, outpacing the Transportation sector's loss of 1.69% and lagging the S&P 500's gain of 3.25%. The upcoming earnings release of FedEx will be of great interest to investors. On that day, FedEx is projected to report earnings of $3.71 per share, which would represent year-over-year growth of 3.06%. Alongside, our most recent consensus estimate is anticipating revenue of $21.76 billion, indicating a 0.82% upward movement from the same quarter last year. For the full year, the Zacks Consensus Estimates project earnings of $18.49 per share and a revenue of $89.4 billion, demonstrating changes of +1.65% and +1.68%, respectively, from the preceding year. Investors might also notice recent changes to analyst estimates for FedEx. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability. Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system. The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Currently, FedEx is carrying a Zacks Rank of #3 (Hold). Valuation is also important, so investors should note that FedEx has a Forward P/E ratio of 12.5 right now. This denotes a discount relative to the industry average Forward P/E of 13.57. We can also see that FDX currently has a PEG ratio of 1.2. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. FDX's industry had an average PEG ratio of 1.63 as of yesterday's close. The Transportation - Air Freight and Cargo industry is part of the Transportation sector. This group has a Zacks Industry Rank of 203, putting it in the bottom 18% of all 250+ industries. The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Keep in mind to rely on to watch all these stock-impacting metrics, and more, in the succeeding trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report FedEx Corporation (FDX) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
20 minutes ago
- Yahoo
Why Cisco Systems Stock Slumped Today
Key Points The networking equipment company is hit with a post-earnings analyst recommendation downgrade. A onetime bull now feels the stock rates only a hold for investors. 10 stocks we like better than Cisco Systems › A recommendation downgrade from a global bank was the development pushing down Cisco Systems (NASDAQ: CSCO) stock on Friday. The company's shares absorbed the blow by sinking nearly 5% in price, comparing unfavorably to the relatively modest 0.3% slip of the bellwether S&P 500 index. Reduced to hold Well before market open that day, HSBC prognosticator Stephen Bersey lowered his recommendation on Cisco to hold from his previous buy. His price target on the shares is $69 apiece. Bersey's new take on the tech sector mainstay comes just after the company released its earnings for the fiscal fourth quarter of 2025. According to reports, the analyst expressed disappointment that Cisco didn't perform better during the quarter, given that its key networking segment had just gotten past several quarters of de-stocking. In his view, the company's fairly tepid full-year fiscal 2026 guidance indicates that the effects of de-stocking might already have been playing out. Bersey did wax optimistic about Cisco's take from components required for artificial intelligence (AI) functionalities, but to him this does not sufficiently compensate for weaknesses elsewhere in the business. High expectations Savvy Cisco investors are well aware that the company has been making a concentrated push into AI, which is likely the reason many of them traded out of the stock post-earnings. After all, it did manage to increase revenue and non-GAAP (adjusted) profitability -- the former by 8% year over year, landing at almost $14.7 billion, and the latter by 12% to $4 billion. Both figures were higher, if only a bit, than the consensus analyst estimates. However, any company wading knee-deep in the AI segment is expected to post numbers that are significantly on the upside, and Cisco failed to achieve this. We're not currently in a very forgiving market for tech stocks, and the recent developments with the company reflect this. Should you buy stock in Cisco Systems right now? Before you buy stock in Cisco Systems, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Cisco Systems wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $663,630!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,115,695!* Now, it's worth noting Stock Advisor's total average return is 1,071% — a market-crushing outperformance compared to 185% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 13, 2025 HSBC Holdings is an advertising partner of Motley Fool Money. Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Cisco Systems. The Motley Fool recommends HSBC Holdings. The Motley Fool has a disclosure policy. Why Cisco Systems Stock Slumped Today was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
20 minutes ago
- Yahoo
Why the Market Dipped But Workday (WDAY) Gained Today
Workday (WDAY) closed the most recent trading day at $226.09, moving +1.88% from the previous trading session. The stock outperformed the S&P 500, which registered a daily loss of 0.29%. Elsewhere, the Dow saw an upswing of 0.08%, while the tech-heavy Nasdaq depreciated by 0.4%. Shares of the maker of human resources software have depreciated by 3.89% over the course of the past month, underperforming the Computer and Technology sector's gain of 6.11%, and the S&P 500's gain of 3.25%. The upcoming earnings release of Workday will be of great interest to investors. The company's earnings report is expected on August 21, 2025. The company is expected to report EPS of $2.09, up 19.43% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $2.34 billion, up 12.22% from the year-ago period. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $8.7 per share and revenue of $9.5 billion. These totals would mark changes of +19.18% and +12.45%, respectively, from last year. Investors might also notice recent changes to analyst estimates for Workday. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits. Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.02% decrease. Right now, Workday possesses a Zacks Rank of #3 (Hold). From a valuation perspective, Workday is currently exchanging hands at a Forward P/E ratio of 25.5. This denotes a discount relative to the industry average Forward P/E of 28.79. We can also see that WDAY currently has a PEG ratio of 1.35. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The average PEG ratio for the Internet - Software industry stood at 2.23 at the close of the market yesterday. The Internet - Software industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 69, finds itself in the top 28% echelons of all 250+ industries. The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Make sure to utilize to follow all of these stock-moving metrics, and more, in the coming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Workday, Inc. (WDAY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
