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DarkIris Inc. Announces Closing of Initial Public Offering
GlobeNewswire News Roomยท 2025-08-11 20:00
Core Viewpoint - DarkIris Inc. has successfully closed its initial public offering, raising a total of US$6.90 million by offering 1,725,000 Class A ordinary shares at a price of US$4.00 per share, with trading commencing on August 8, 2025 [1][2]. Group 1: Offering Details - The initial public offering consisted of 1,725,000 Class A ordinary shares, including the full exercise of the underwriters' over-allotment option [1]. - The offering price was set at US$4.00 per Class A ordinary share, resulting in gross proceeds of US$6.90 million before expenses [1]. - The offering was conducted on a firm commitment basis, with US Tiger Securities, Inc. serving as the sole book runner [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated towards expanding the operations team, rewarding existing team members, product development, and general corporate purposes [2]. Group 3: Company Overview - DarkIris Inc. is a technology enterprise based in Hong Kong, focused on the development, publishing, and operation of mobile digital games through various third-party digital storefronts [5]. - The company operates through subsidiaries Quantum Arts Co., Limited and Hongkong Stellar Wisdom Co., Limited, engaging in game design, programming, graphics, and distribution across multiple platforms [5]. - DarkIris aims to leverage the creative and technical expertise of Hong Kong's gaming industry to create a diverse array of engaging mobile game genres for a global audience [5].