DarkIris Inc. Announces Share Consolidation

Outstanding stock options, warrants and other rights to purchase Class A shares will be adjusted proportionately.

Rhea-AI Summary

DarkIris (Nasdaq: DKI) will consolidate its Class A and Class B ordinary shares at 1-for-50, effective October 22, 2026.

Class A shares are expected to begin trading on a post-consolidation basis at market opening that day under the unchanged DKI symbol. Outstanding Class A shares will move from 46,731,225 to approximately 934,625, while Class B shares will move from 429,886 to approximately 8,598. Every 50 shares, or part thereof, will become one share, with fractional shares rounded up to the next whole share.

News Explained

Alongside the share consolidation, DarkIris says all outstanding options, warrants and other rights to purchase Class A shares will also be adjusted proportionately.

Argus 15 min delay 59 alerts

-17.45% vs previous close $0.04 last price 7335.2x rel. volume Open Argus

Details

Market move: DKI -17.45% vs previous close. 1-for-50 share consolidation

$0.04 – $0.07 Day Range

$131,848 Mkt Cap at Last Price

On Oct 19, the day this news came out, the latest delayed price for DKI is 17.45% below the previous close. Our momentum scanner has recorded 59 alerts for this stock so far that day. The latest delayed price is $0.04. Relative volume is exceptionally heavy at 7335.2x the average.

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

Key Figures

Consolidation ratio: 1-for-50 Effective date: October 22, 2026 Class A shares before consolidation: 46,731,225 shares +5 more

Consolidation ratio

1-for-50

Class A and Class B ordinary shares

Effective date

October 22, 2026

Share consolidation

Class A shares before consolidation

46,731,225 shares

Issued and outstanding

Class B shares before consolidation

429,886 shares

Issued and outstanding

Class A shares after consolidation

Approximately 934,625 shares

Issued and outstanding

Class B shares after consolidation

Approximately 8,598 shares

Issued and outstanding

Authorized shares

6,250,000,000 shares

Authorized share count stated in the announcement

Par value

US$0.08 per share

Each Class A and Class B ordinary share

Historical Context

1 past event · Latest: Oct 08

1 event

1. Oct 08

   Public offering

   24h Move

   -55.4%

   The offering issued 4,166,666 warrants, a security class the consolidation says will be adjusted proportionately.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

par value, cusip, warrants, fractional shares

4 terms

par value financial

"Class A ordinary shares of par value US$0.0016 each"

Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

cusip technical

"with the new CUSIP number G2657S129"

A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.

View in glossary

warrants financial

"All outstanding stock options, warrants and other rights"

Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.

View in glossary

fractional shares financial

"with fractional shares rounded up to the next whole share"

Fractional shares are portions of a whole share of a stock or fund, allowing investors to own less than one full unit. They make it possible to invest a specific dollar amount rather than buy whole shares, like buying a slice of a pizza instead of the entire pie. For investors this lowers the cost barrier, helps with diversification, and lets you reinvest dividends or purchase expensive stocks in small, precise amounts.

View in glossary

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HONG KONG, Oct. 19, 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 will effect a share consolidation of its Class A ordinary shares of par value US$0.0016 each and Class B ordinary shares of par value US$0.0016 each at a ratio of 1-for-50, effective on October 22, 2026 (the “Share Consolidation”). The Company’s Class A ordinary shares are expected to begin trading on a post-consolidation basis at the open of the market session on October 22, 2026. Upon the market opening on October 22, 2026, the Company’s Class A ordinary shares will continue to be traded on The Nasdaq Stock Market under the symbol “DKI” with the new CUSIP number G2657S129.

Prior to the Share Consolidation, 46,731,225 Class A ordinary shares and 429,886 Class B ordinary shares are issued and outstanding. As a result of the Share Consolidation, every 50 shares (or part thereof) will be combined into one (1) share, with fractional shares rounded up to the next whole share, and approximately 934,625 Class A ordinary shares and 8,598 Class B ordinary shares will be issued and outstanding after the Share Consolidation. The Company is authorized to issue 6,250,000,000 number of shares, divided into two Classes consisting of: (i) 5,625,000,000 Class A ordinary shares of par value US$0.08 each and (ii) 625,000,000 Class B ordinary shares of par value US$0.08 each. All outstanding stock options, warrants and other rights to purchase the Company’s Class A ordinary shares will be adjusted proportionately as a result of the Share Consolidation.

Upon the effectuation of the Share Consolidation, shareholders holding shares through a bank, broker or other nominee will have their shares automatically adjusted to reflect the Share Consolidation. Beneficial holders may contact their bank, broker or nominee for more information. Please direct any questions to your broker or the Company's transfer agent, Transhare Corporation, by calling +1 303-662-1122.

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.

When does DarkIris DKI's share consolidation take effect, and what is the ratio?

DarkIris's 1-for-50 consolidation takes effect on October 22, 2026 for both Class A and Class B ordinary shares. Class A shares are expected to begin trading on a post-consolidation basis at market opening that day.

Do DarkIris shareholders need to act to receive consolidated shares?

DarkIris shareholders holding shares through a bank, broker or other nominee will have their holdings automatically adjusted. Beneficial holders may contact their bank, broker or nominee for more information, or direct questions to transfer agent Transhare Corporation at +1 303-662-1122.