STOCK TITAN

DarkIris Inc. (DKI) investors back huge share increase and voting shift

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

DarkIris Inc. shareholders approved a series of capital and governance changes at an extraordinary general meeting held on August 6, 2026. The company increased its authorized share capital from US$50,000 (31,250,000 shares) to US$500,000,000 (312,500,000,000 shares) of Class A and Class B ordinary shares. Voting rights for Class B Ordinary Shares were raised from 20 votes to 150 votes per share. Shareholders authorized the board, over a period of up to two years, to implement one or more share consolidations (reverse splits) at ratios ranging from 2:1 to 3,000:1, with no fractional shares to be issued. They also adopted a third amended and restated memorandum and articles of association and approved further amended and restated documents to take effect upon any future share consolidations. All six proposals passed with approximately 8.96 million votes in favor and about 14,800–15,000 votes against each.

Positive

  • None.

Negative

  • Authorized share capital expanded to 312,500,000,000 shares, significantly increasing capacity for future equity issuance and potential dilution.
  • Class B Ordinary Shares’ voting power increased from 20 to 150 votes per share, materially amplifying control held by Class B shareholders.
  • Board empowered to execute share consolidations up to an accumulated 3,000:1 ratio over two years, creating scope for large reverse splits.

Filing Explained

The approved restructuring is not fully effective: consolidation is optional, and Class B’s 150-vote structure depends on prior conditions.

The August 6 vote approved the proposals, but the future Share Consolidations remain an authorization rather than a completed action: the Board may implement one or more within two years or elect not to implement any.

The approved increase in Class B voting rights from 20 to 150 votes per share is conditional on the share-capital increase and effectiveness of the previously board-approved 16:1 consolidation.

Old authorized capital US$50,000 (31,250,000 shares) Authorized share capital before the approved increase
New authorized capital US$500,000,000 (312,500,000,000 shares) Authorized share capital after Share Capital Increase
Class B votes before change 20 votes per Class B Ordinary Share Voting rights under prior memorandum and articles
Class B votes after change 150 votes per Class B Ordinary Share Voting Rights Increase approved at the EGM
Share consolidation range 2:1 to 3,000:1 Authorized range for one or more share consolidations over two years
Votes for Proposal 1 8,964,811 for; 14,856 against Share Capital Increase voting results at the EGM
authorized share capital financial
"to increase the authorized share capital and number of authorized shares of the Company"
The maximum number of shares a company is legally allowed to issue according to its governing documents. Think of it as the size of the blank checkbook a company keeps for selling ownership stakes: it sets an upper limit but does not mean all shares are in circulation. Investors care because a larger authorized amount makes it easier for the company to raise money or grant stock-based pay, which can dilute existing holdings and affect control and value per share.
Class B Ordinary Shares financial
"Class B ordinary shares, par value US$0.0016 each (“Class B Ordinary Shares”)"
Class B ordinary shares are a type of ownership stake in a company that typically come with different voting rights or privileges compared to other share classes. For investors, they represent a way to hold part of the company’s value and influence its decisions, often with fewer voting rights than Class A shares. Understanding these shares helps investors assess their level of control and potential returns within a company.
share consolidation financial
"implement consolidation of all of the Shares be and is hereby approved at a ratio"
Share consolidation is a process where a company reduces the total number of its shares by combining multiple existing shares into a smaller number of higher-value shares. This can make each share more expensive and potentially improve the company’s image. For investors, it often means their ownership remains the same, but the value of each share increases, which can influence how the stock is perceived and traded.
memorandum and articles of association regulatory
"the third amended and restated memorandum and articles of association of the Company"
Memorandum and articles of association are the founding legal documents of a company: the memorandum sets out the company’s basic purpose and scope, while the articles act as its internal rulebook detailing how the company is run, who has what powers, and how decisions are made. For investors these documents matter because they define ownership rights, voting rules, limits on activities, and procedures for major changes—like a contract and rulebook that determine how their investment can be used and protected.
extraordinary general meeting regulatory
"held an extraordinary general meeting of shareholders at 10:00 a.m. local time"

FAQ

What did DarkIris Inc. (DKI) shareholders approve regarding authorized share capital?

Shareholders approved increasing authorized share capital from US$50,000 (31,250,000 shares) to US$500,000,000 (312,500,000,000 shares). This expands the number of Class A and Class B Ordinary Shares the company can issue in the future.

How did DarkIris Inc. (DKI) change the voting rights of Class B shares?

Voting rights for Class B Ordinary Shares were increased from 20 votes to 150 votes per share. This change substantially enhances the voting influence of Class B shareholders relative to Class A shareholders.

What share consolidation authority did DarkIris Inc. (DKI) grant its board?

Shareholders authorized the board to implement one or more share consolidations at ratios from 2:1 to 3,000:1 over two years. The board may choose the exact ratios and timing, and no fractional shares will be issued.

Were new governing documents approved for DarkIris Inc. (DKI)?

Shareholders approved adopting a third amended and restated memorandum and articles of association. They also authorized further amended and restated documents to take effect upon any future share consolidations implemented within two years.

How strong was voting support for the DarkIris Inc. (DKI) proposals?

Each proposal received about 8.96 million votes in favor and roughly 14,800–15,000 votes against. All six proposals were approved, indicating broad shareholder support for the capital and governance changes.

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

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Learn about SEC filing dates

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of August 2026

 

Commission File Number: 001-42795

 

DarkIris Inc.

(Registrant’s Name)

 

6/F, Cheong Sun Tower

No. 118 Wing Lok Street

Sheung Wan, Hong Kong

(Address of Principal Executive Offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒ Form 40-F ☐

 

 

 

 

 

 

Submission of Matters to a Vote of Security Holders.

 

On August 6, 2026, DarkIris Inc. (the “Company”) held an extraordinary general meeting of shareholders at 10:00 a.m. local time at Room 310, No. 10-1, Wanghai Road, Phase II, Software Park, Siming District, Xiamen City, Fujian Province, China (the “EGM”). Six items of business were acted upon by the Company’s shareholders at the EGM, each of which was approved by the shareholders. The voting results were as follows:

 

Proposal 1:

 

To consider and approve by an ordinary resolution to increase the authorized share capital and number of authorized shares of the Company from US$50,000 divided into 31,250,000 shares, par value US$0.0016 each, comprising (i) 28,125,000 Class A ordinary shares, par value US$0.0016 each (“Class A Ordinary Shares”), (ii) 3,125,000 Class B ordinary shares, par value US$0.0016 each (“Class B Ordinary Shares”), to US$500,000,000 divided into 312,500,000,000 shares, par value US$0.0016 each, comprising (i) 281,250,000,000 Class A Ordinary Shares and (ii) 31,250,000,000 Class B Ordinary Shares (the “Share Capital Increase”).

 

For  Against  Abstain
8,964,811  14,856  0

 

Proposal 2:

 

Subject to and conditional upon the passing of the resolutions in relation to Share Capital Increase and all requisite class consents being obtained, and with effect immediately following effectiveness of the share consolidation of all of the authorized, issued, and outstanding Class A Ordinary Shares and Class B Ordinary Shares (collectively, the “Shares”) were approved by the board of directors of the Company at a ratio of 16:1 on April 20, 2026 (the “First Determined Share Consolidation”) and the Share Capital Increase, to consider and approve by an ordinary resolution an increase in the voting rights attaching to the Class B Ordinary Shares from twenty (20) votes per Class B Ordinary Share to one hundred and fifty (150) votes per Class B Ordinary Share as set forth in the Company’s current second amended and restated memorandum and articles of association (the “Second Amended and Restated M&A”) (the “Voting Rights Increase”).

 

For  Against  Abstain
8,964,706  14,961  0

 

Proposal 3:

 

To consider and approve by an ordinary resolution to:

 

(a) upon the completion of the Share Capital Increase and Voting Rights Increase, implement consolidation of all of the Shares be and is hereby approved at a ratio of not less than two to one (2:1) and not more than three thousand to one (3,000:1) (the “Range”), with the exact ratio to be set at a whole number within this Range to be determined by the Board in its sole discretion at any one time or multiple times during a period of up to two (2) years after the conclusion of the EGM, in each case, at such consolidation ratio and effective time as the Board may determine in its sole discretion and announced by the Company (together, the “Share Consolidations”, and each, a “Share Consolidation”); provided, however, that the accumulated consolidation ratio for any and all such Share Consolidations shall be no less than 2:1 nor greater than 3,000:1, with such consolidated Shares having the same rights and being subject to the same restrictions (save as to nominal value) as the existing Shares of each class as set out in the Second Amended and Restated M&A;
   
(b) authorize the Board, at its absolute and sole discretion, to either (a) implement one or more Share Consolidation(s), and determine exact consolidation ratio(s) and effective date(s) of such Share Consolidation(s) during a period of two years following the date of the EGM as the Board may determine from time to time in its absolute discretion, provided that the accumulative consolidation ratio for all Share Consolidation(s) shall not exceed 3,000:1; or (b) elect not to implement any Share Consolidation during a period of two years following the date of the EGM;
   
(c) authorize the Board to settle as the Board considers expedient any difficulty which arises in relation to the Share Consolidation(s), including but not limited to, where the number of issued consolidated shares of any class held by any shareholder after and as a result of a Share Consolidation is not a whole number, to issue to that shareholder (credited as fully paid by way of capitalization out of the share premium of the Company) the number of consolidated shares of such class which are held by such shareholder being rounded down to the nearest whole number of consolidated shares of such class; and

 

 

 

 

(d) authorize that no fractional Shares be issued in connection with any Share Consolidation and, in the event that a Shareholder would otherwise be entitled to receive a fractional Share upon a Share Consolidation, the directors be and are hereby authorized to settle as they consider expedient any difficulty which arises in relation to the Share Consolidation, including but without prejudice to the generality of the foregoing capitalizing all or any part of any amount for the time being standing to the credit of any reserve or fund of the Company (including its share premium account and profit and loss account) whether or not the same is available for distribution and applying such sum in paying up unissued Shares to be issued to shareholders of the Company (“Shareholders”) to round up any fractions of Shares issued to or registered in the name of such Shareholders following or as a result of the Share Consolidation; and
   
(e) if and when deemed advisable by the Board in its sole discretion, to authorize any one Director or officer of the Company, for and on behalf of the Company, to do all such other acts or things and execute all such documents necessary or desirable to implement, carry out, and give effect to the Share Consolidation(s), if and when deemed advisable by the Board, in its sole discretion.

 

For  Against  Abstain
8,964,722  14,942  3

 

Proposal 4:

 

Subject to the approval by the Shareholders of the Share Capital Increase and Voting Rights Increase, to consider and approve by a special resolution to, with immediate effect, adopt the third amended and restated memorandum and articles of association of the Company (the “Third Amended and Restated M&A”) in the form annexed hereto as Annex A in substitution for and to the exclusion of, the Second Amended and Restated M&A.

 

For  Against  Abstain
8,964,762  14,870  35

 

Proposal 5:

 

Subject to the approval by the Shareholders of the Share Consolidations, to consider and approve by as special resolution that entirely conditional upon the approval of the Share Consolidation(s), with effect as of the date the Board may determine in its sole discretion (including but not limited to exact consolidation ratio(s) and the effective date(s) of such Share Consolidation(s)), the Company adopt amended and restated memorandum and articles of association upon the effectiveness of each Share Consolidation (the “Amended and Restated M&A upon Each Share Consolidation”) in the form annexed hereto as Annex B in substitution for, and to the exclusion of, the Company’s memorandum and articles of association in effect immediately prior to the implementation of such Share Consolidation(s), so long as such Share Consolidation(s) are implemented within two years following the date of the EGM.

 

For  Against  Abstain
8,964,761  14,856  50

 

Proposal 6:

 

By an ordinary resolution to approve that with respect to the matters duly approved under the resolutions at the EGM:

 

(a) one Director or officer of the Company, be and is hereby authorized to do all such acts and things and execute all such documents, which are ancillary to the Share Capital Increase, Voting Rights Increase, the Share Consolidation(s), the First Determined Share Consolidation and other proposals under the foregoing resolutions, and of administrative nature, on behalf of the Company, including under seal where applicable, as he considers necessary, desirable or expedient to give effect to the foregoing arrangements for the Share Consolidation(s);
   
(b) the registered office service provider of the Company be and is hereby authorized and instructed to make the necessary filings with the Registrar of Companies of the Cayman Islands in respect of the foregoing resolutions; and
   
(c) the Company’s share registrar and/or transfer agent be and is hereby instructed to update the register of members of the Company and that upon the surrender to the Company of the existing share certificates (if any) that they be cancelled and that any director or officer of the Company instructed to prepare, sign, seal and deliver on behalf of the Company new share certificates accordingly. 

 

For  Against  Abstain
8,964,797  14,820  50

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: August 11, 2026    
     
  DarkIris Inc.
     
  By: /s/ Hong Zhifang
  Name: Hong Zhifang
  Title: Chief Executive Officer