STOCK TITAN

DarkIris Inc. Announces Pricing of $6 Million Public Offering

The warrants include a zero cash exercise option allowing holders to exchange each warrant for approximately 12 Class A ordinary shares.

(Very High)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Tags

DarkIris (DKI) priced a best-efforts public offering expected to raise approximately $6 million in gross proceeds before fees and expenses. The offering comprises 4,166,666 units at $1.44 each, with each unit containing one Class A ordinary share and one warrant. Alternatively, pre-funded units cost $1.4399 each and replace ordinary units one-for-one.

The warrants have a $2.04 exercise price, are immediately exercisable upon issuance and expire six months after issuance. A zero cash exercise option allows each warrant to be exchanged for approximately 12 Class A ordinary shares. Pre-funded warrants have a $0.0001 exercise price and remain exercisable until exercised in full. The company expects closing on or about October 9, 2026, subject to customary closing conditions.

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1 point · 1 major

How this balance works

Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.

It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

1 major · 3 points

Hollow bars mark forward-looking points. How the balance works

Positive

  • Major point. Forward-looking: it has not happened yet and may not happen.Approximately $6 million in gross proceeds expected from the best-efforts offering, excluding warrant exercises. 1.7× market cap

Negative

  • Major point. Forward-looking: it has not happened yet and may not happen.4,166,666 units at $1.44 each, or replacement pre-funded units at $1.4399 each, introduce shareholder dilution.
  • Minor point. Forward-looking: it has not happened yet and may not happen.Warrants exercisable at $2.04 add potential dilution; the zero cash option provides approximately 12 shares per warrant.
  • Minor point. Forward-looking: it has not happened yet and may not happen.Placement agent fees and other estimated expenses will reduce the proceeds available to DarkIris.
Argus 15 min delay 295 alerts
-33.53% vs previous close $1.11 last price 31939.5x rel. volume Open Argus
Details

Market move: DKI -33.53% vs previous close. $6 million public offering

+10.0% Peak Tracked
-31.5% Trough Tracked
$1.11 – $7.44 Day Range
$2.33M Market Cap

On Oct 8, the day this news came out, the latest delayed price for DKI is 33.53% below the previous close. Argus tracked a peak move of +10.0% during the session. Argus tracked a trough of -31.5% from its starting point during tracking. Our momentum scanner has recorded 295 alerts for this stock so far that day. The latest delayed price is $1.11. Relative volume is exceptionally heavy at 31939.5x the average.

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.

Key Figures

Expected gross proceeds: $6 million Units offered: 4,166,666 units Unit price: $1.44 per Unit +5 more
Expected gross proceeds
$6 million
Before placement agent fees and other expenses; excludes warrant exercise
Units offered
4,166,666 units
Each unit includes one Class A ordinary share and one warrant
Unit price
$1.44 per Unit
Public offering price
Pre-Funded Unit price
$1.4399 per Pre-Funded Unit
Public offering price
Warrant exercise price
$2.04 per Class A ordinary share
Warrants are immediately exercisable and expire six months after issuance
Zero-cash exercise
Approximately 12 Class A ordinary shares per warrant
Shares issuable under the zero cash exercise option
Pre-Funded Warrant exercise price
$0.0001
Exercise price per Pre-Funded Warrant
Expected offering close
October 9, 2026
Expected closing, subject to customary closing conditions

Key Terms

best-efforts public offering, pre-funded warrant, zero cash exercise option, form f-1
4 terms
best-efforts public offering financial
"priced a best-efforts public offering with gross proceeds"
A best-efforts public offering is when an investment bank or broker agrees to act as a salesperson for a company’s new stock or bond sale but does not promise to buy any unsold shares. Think of it like a consignment sale: the seller provides the goods and the agent tries to find buyers, and the final amount raised depends on demand. For investors this signals that market interest and pricing are uncertain and the company may raise less capital than planned.
pre-funded warrant financial
"each consisting of (i) one pre-funded warrant to purchase"
A pre-funded warrant is a financial instrument that gives the holder the right to buy shares of a company's stock at a set price, with most of the purchase cost already paid upfront. It functions like a nearly fully paid option, allowing investors to secure shares quickly while minimizing the amount of additional money they need to invest later. This helps investors gain ownership rights efficiently, often used to avoid certain regulatory restrictions or to prepare for future stock purchases.
zero cash exercise option financial
"exercised on a zero cash exercise option"
A zero cash exercise option lets a holder convert an option into shares without handing over money by surrendering a portion of the newly issued shares to cover the cost and any taxes, like getting an item by returning part of it instead of paying cash. For investors this matters because it changes how many new shares actually enter the market and whether a company needs cash to fulfill the grant, affecting ownership percentages and per-share metrics.
form f-1 regulatory
"pursuant to a registration statement on Form F-1"
A Form F-1 is the document a non-U.S. company files with U.S. regulators when it wants to sell stock or other securities to U.S. investors. It lays out the company’s business, finances, risks and how the offering will work, acting like a product manual and ingredient list so investors can judge what they’re buying. For investors, it’s a key source of verified information used to compare opportunities and assess potential reward and risk.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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HONG KONG, Oct. 08, 2026 (GLOBE NEWSWIRE) -- DarkIris Inc. (Nasdaq: DKI) (the “Company” or “DarkIris”), an innovative technology provider in the digital media and entertainment sector, today announced that it has priced a best-efforts public offering with gross proceeds to the Company expected to be approximately $6 million, before deducting placement agent fees and other estimated expenses payable by the Company, excluding the exercise of any warrant offered.

The offering is comprised of 4,166,666 units (each, a “Unit”), each consisting of (i) one Class A ordinary share of the Company, par value $0.0016 per share (the “Class A Ordinary Shares”), and (ii) one warrant to purchase one Class A Ordinary Share or otherwise receive a greater number of Class A Ordinary Shares pursuant to the zero exercise price option described below (each, a “Warrant”). The public offering price per Unit is $1.44, or in lieu of Units, 4,166,666 pre-funded units (each a “Pre-Funded Unit”), each consisting of (i) one pre-funded warrant to purchase one Class A Ordinary Share (each, a “Pre-Funded Warrant”), and (ii) one Warrant. The public offering price per Pre-funded Unit is $1.4399, which is equal to the public offering price per Unit to be sold in the offering, minus the $0.0001 exercise price per Pre-Funded Warrant. Each of the Warrants will have an exercise price of $2.04 per Class A Ordinary Share and will be immediately exercisable upon issuance and expire six (6) months after the issuance date. The Pre-Funded Warrants will be immediately exercisable and may be exercised at any time until exercised in full. For each Pre-Funded Unit sold in the offering, the number of Units in the offering will be decreased on a one-for-one basis. The Warrants may also be exercised on a zero cash exercise option, pursuant to which the holder may exchange each warrant for approximately 12 Class A ordinary shares that are issuable on a cash exercise of the Warrants.

The offering is expected to close on or about October 9, 2026, subject to the satisfaction of customary closing conditions. The Company intends to use the net proceeds from the offering for working capital and other general corporate purposes.

Prime Number Capital, LLC is acting as the sole placement agent for the offering.

The Units and Pre-funded Units and underlying securities are being offered by the Company pursuant to a registration statement on Form F-1 (File No. 333-299200) initially filed by the Company with the Securities and Exchange Commission (the “SEC”) on September 30, 2026, and declared effective by SEC on October 8, 2026, and Form F-1MEF (File No. 333-299359). The offering is being made only by means of a written preliminary prospectus and final prospectus that will form a part of the registration statement. A final prospectus relating to the offering will be filed with the SEC and will be available on the SEC’s website at www.sec.gov. Electronic copies of the final prospectus relating to this offering may be obtained, when available, by contacting Prime Number Capital, LLC at 12 E 49 St, Floor 27, New York, NY 10017 or by email at info@pncps.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.

About DarkIris Inc.

DarkIris Inc. (Nasdaq: DKI) is an innovative, growth-oriented public company focused on AI-driven digital media and content production technologies. Through advanced production capabilities, including its artificial intelligence platform, aideptus.com, the Company aims to provide creators, studios, and developers with generative AI solutions designed to streamline creative workflows and enhance digital content production experiences. For more information, please visit the Company’s website at www.darkiris.com.

Forward-Looking Statements

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performances, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks, including, but not limited to, the following: the Company’s ability to achieve its goals and strategies, the Company’s future business development and plans for future business development, including its financial conditions and results of operations, product and service demand and acceptance, reputation and brand, the impact of competition and pricing, changes in technology, government regulations, fluctuations in general economic and business conditions, the Company’s ability to comply with Nasdaq continued listing standards and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the U.S. Securities and Exchange Commission (“SEC”). For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, as well as its current reports on Form 6-K and other filings, all of which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

For investor and media inquiries, please contact:

DarkIris Inc.
Investor Relations Department
Email: dki@darkiris.com

Ascent Investor Relations LLC
Tina Xiao
Phone: +1 646-932-7242
Email: investors@ascent-ir.com


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much does DarkIris expect to raise, and what is the offering price?

DarkIris expects approximately $6 million in gross proceeds before placement agent fees and other estimated expenses, excluding warrant exercises. Ordinary units cost $1.44 each; alternative pre-funded units cost $1.4399 each and replace ordinary units one-for-one.

When is the DarkIris public offering expected to close?

DarkIris expects the offering to close on or about October 9, 2026, subject to satisfaction of customary closing conditions.

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