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DarkIris Inc. Announces Pricing of Initial Public Offering
DarkIris Inc. Announces Pricing of Initial Public Offering

Yahoo

time5 days ago

  • Business
  • Yahoo

DarkIris Inc. Announces Pricing of Initial Public Offering

Hong Kong, Aug. 07, 2025 (GLOBE NEWSWIRE) -- DarkIris Inc. (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 the pricing of its initial public offering (the "Offering") of 1,500,000 Class A ordinary shares at a public offering price of US$4.00 per Class A ordinary share. The Class A ordinary shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on August 8, 2025 under the ticker symbol "DKI." The Company expects to receive aggregate gross proceeds of US$6.00 million from the Offering, before deducting underwriting discounts and other related expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 225,000 Class A ordinary shares at the public offering price, less underwriting discounts. The Offering is expected to close on or about August 11, 2025, subject to the satisfaction of customary closing conditions. 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 is being conducted on a firm commitment basis. US Tiger Securities, Inc. is acting as the sole book runner for 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 is being made only by means of a prospectus, forming a part of the registration statement. Copies of the final prospectus relating to the Offering, when available, may be obtained from US Tiger Securities, Inc., Attn: 437 Madison Avenue, 27th Floor, New York, NY 10022, or by email at ecm@ or by calling +1 (646)-978-5188. In addition, copies of the final prospectus relating to the Offering, when available, may be obtained via the SEC's website at 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: Forward-Looking Statements Certain statements in this announcement are forward-looking statements, including, but not limited to, the Company's proposed Offering. 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, including the expectation that the Offering will be successfully completed. 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 Relations DepartmentEmail: dki@ Ascent Investor Relations LLCTina XiaoPhone: +1-646-932-7242Email: investors@ 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤

Coinbase to buy Deribit in $2.9 billion deal, expanding crypto options market
Coinbase to buy Deribit in $2.9 billion deal, expanding crypto options market

Mint

time08-05-2025

  • Business
  • Mint

Coinbase to buy Deribit in $2.9 billion deal, expanding crypto options market

Coinbase, the largest publicly traded cryptocurrency exchange, said on Thursday it will buy derivatives exchange Deribit in a $2.9 billion deal to expand into the crypto options markets. The move underscores a push by crypto firms to widen their institutional investor base, while also catering to retail traders who are becoming more sophisticated. The Deribit acquisition gives Coinbase "a foothold in non-U.S. markets, especially Asia and Europe, where leverage trading is more prevalent," said Bo Pei, analyst at US Tiger Securities. The cash-and-stock deal will allow Coinbase to offer crypto options to its international clients. Widely used for hedging, options can be a key source of stability as their demand typically holds up during bouts of volatility. Shares of Coinbase, which have lost nearly 21% of their value in 2025, jumped 5.7%. The company already allows its U.S. and international customers to trade crypto futures. The deal consists of $700 million in cash and 11 million shares of Coinbase's Class A common stock, the company said in a blog post. Although still early in the derivatives space, Coinbase reached record market share in its consumer and institutional derivatives volume in the last quarter. It is set to report its first-quarter earnings on Thursday after markets close. "Should the U.S. legalize crypto options trading/perpetuals trading domestically, Coinbase will be swift to offer these services to US clients, bringing significant revenue upside," Daiwa Securities analyst Steven Nie said. The deal also coincides with U.S. President Donald Trump's advocacy for digital assets and his pledge to establish America as the global center of cryptocurrency. Buoyed by the regulatory optimism, several crypto-related firms are clinching deals to increase their user base. Ripple last month bought buy multi-asset prime broker Hidden Road in a $1.25 billion deal, in one of the largest deals in the crypto company's history. "There will be more consolidations in the crypto market led by U.S. firms," Pei said. Kraken, another cryptocurrency exchange, had said in March it would buy retail futures trading platform NinjaTrader for $1.5 billion.

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