DarkIris Inc.

Snapshot

DarkIris is a tiny Hong Kong mobile-game and AI-video micro-cap whose FY2025 revenue collapsed 84% to $1.3M, producing a $1.1M net loss roughly as large as revenue.

What's Happening Right Now

• Wed 4th Nov '26 · Offering: DarkIris priced and closed a $6 million best-efforts offering on October 8-9, 2026 with heavily dilutive zero-exercise-price warrants, and on November 4, 2026 corrected the disclosed net proceeds upward from $4.59 million to about $5.58 million.
• Tue 3rd Nov '26 · Governance: DarkIris filed its memorandum and articles of association on November 3, 2026, confirming a dual-class structure in which Class B shares carry 200 votes each versus one vote per Class A share.
• Mon 19th Oct '26 · Reverse split: DarkIris effected a 1-for-50 share consolidation on October 22, 2026, the second reverse split authorized this year after shareholders approved up to two sequential 50:1 consolidations and a prior board resolution allowing splits as steep as 3,000:1.
• Fri 9th Oct '26 · Offering: Raised $6.00M in gross proceeds through a public offering.
• Thu 8th Oct '26 · Registration: Registered additional securities for sale on Form S-1.
• Thu 8th Oct '26 · Warrants: Issued warrants over 1.11M shares across 2 series.
• Wed 30th Sep '26 · Business update: On September 30, 2026, DarkIris gave a business update on its Cine3.AI video platform (pre-launch testing) and a new U.S. subsidiary, with no financial figures or signed commercial agreements disclosed.
• Thu 13th Aug '26 · Earnings: DarkIris reported H1 FY2026 revenue of $5.93 million, up 13.9% YoY, but swung to a $1.90 million net loss as operating expenses surged 718%, with cash down to $0.47 million and a 1-for-16 reverse split enacted in May 2026.