Company: DKI
Filing Date: 2025-05-23
Form Type: DRS/A
Source: 0001641172-25-012167
Chunk: 2

Company: DarkIris Inc.
Filing Date: 2025-05-23
Form: DRS/A
Chunk 2
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 offering of our Class A Ordinary Shares. Prior to this offering, there has been no public market for Class A Ordinary Shares. We expect the initial public offering price of the Class A Ordinary Shares will be in the range of $[*] to $[*] per share.

We have applied to list our Class A Ordinary Shares on the Nasdaq Capital Market under the symbol “[*].” At this time, Nasdaq has not yet approved our application to list our Class A Ordinary Shares. The closing of this offering is conditioned upon Nasdaq’s final approval of our listing application, and there is no guarantee or assurance that our Class A Ordinary Shares will be approved for listing on Nasdaq.

We are an “emerging growth company” as defined under the federal securities laws and will be subject to reduced public company reporting requirements. See “Prospectus Summary — Implications of Our Being an “Emerging Growth Company” and “Risk Factors” on pages 4 and 12, respectively.

We have a dual-class
voting structure consisting of Class A Ordinary Shares and Class B Ordinary Shares. Based on our dual-class voting structure,
holders of Class A Ordinary Shares will be entitled to one (1) vote per share in respect of matters requiring the votes of
shareholders including the election of directors, amendment of memorandum and articles of association, and approval of major corporate
transactions, while holders of Class B Ordinary Shares will be entitled to twenty (20) votes per share. Due to the disparate
voting powers associated with our two classes of ordinary shares, Hong Zhifang, our Chief Executive Officer, director and
Controlling Shareholder, will beneficially own approximately [*]% of our issued and outstanding share capital,
and approximately [*]% aggregate voting power of our Company immediately following the completion of this offering, assuming that
the underwriters do not exercise their over-allotment option. The interests of our Controlling Shareholder may not coincide with your
interests, and it may make decisions with which you disagree, including decisions on important topics such as the composition of the
board of directors, compensation, management succession, and our business and financial strategy. To the extent that the interests of
our Controlling Shareholder differ from your interests, you may be disadvantaged by any action that they may seek to pursue. See “Risk
Factor — Our dual-class voting structure will limit your ability to influence corporate matters and could discourage
others from pursuing any change of control transactions that holders of our Class A Ordinary Shares may view as beneficial.”

Upon