DKI$2.08+38.67%
DarkIris Inc.
Sector: Services-Prepackaged SoftwareIndustry: Electronic Gaming & MultimediaCountry: HKExchange: Nasdaq
Mkt Cap:$1.96M
Float & O/S:36.7K / 934.6K
Inst Own:0.0%
DilutionScan read 42 of DarkIris Inc.'s SEC filings and found 2 warrant series, 3 S-1 registrations and 3 completed offerings on file for DKI. The latest dilution event on file is an offering on Oct 9, 2026. Analysis updated Nov 4, 2026.
Signal8 Summary
6h old
DKI
Revenue collapse and repeated reverse splits
- Business
- WeakRevenue down 84% to $1.3M, net loss near equal to revenue
- Stock risk
- High$1.4M micro-cap, two reverse splits, 120% dilution overhang
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
- : 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.
- : 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.
- : 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.
- : Raised $6.00M in gross proceeds through a public offering.
- : Registered additional securities for sale on Form S-1.
- : Issued warrants over 1.11M shares across 2 series.
- : 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.
- : 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.
