DarkIris Inc. Prices Initial Public Offering
Mobile game developer DarkIris Inc. has priced its initial public offering (IPO) at $4.00 per share, aiming to raise $6.00 million. The company's Class A ordinary shares are set to begin trading on the Nasdaq Capital Market under the ticker symbol "DKI."
Hong Kong-based mobile game developer DarkIris Inc. has announced the pricing of its initial public offering (IPO) at $4.00 per Class A ordinary share. The company plans to issue 1,500,000 shares, with trading expected to commence on the Nasdaq Capital Market on August 8, 2025, under the ticker symbol "DKI."
The offering is anticipated to generate gross proceeds of $6.00 million for DarkIris Inc., prior to deducting underwriting discounts and associated expenses. The underwriters have also been granted a 45-day option to purchase up to an additional 225,000 Class A ordinary shares at the IPO price.
DarkIris Inc. intends to allocate the net proceeds from the offering towards expanding its operations team and rewarding existing staff. Additionally, funds will be directed towards product development and general corporate purposes, including working capital.
The company focuses on the development, publishing, and operation of mobile digital games across various third-party digital storefronts. DarkIris aims to create a diverse range of engaging mobile game genres for a global audience, leveraging its base in Hong Kong's gaming industry and multicultural environment.