Company: DKI
Filing Date: 2025-07-29
Form Type: F-1/A
Source: 0001641172-25-021310
Chunk: 112

Company: DarkIris Inc.
Filing Date: 2025-07-29
Form: F-1/A
Chunk 112
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. DarkIris issued a total of 50,000 Ordinary Shares to the ultimate shareholders of Xiqi and Turing in exchange for their shares owned in Quantum and Turing. We refer to this series of transactions as reorganization. After the reorganization, Quantum became a wholly-owned subsidiary of DarkIris and is one of our operating entities primarily engaged in games development and publishing. Turing was a wholly-owned subsidiary of Quantum after reorganization. On November 4, 2024, DarkIris acquired 100% equity interest in Hongkong Stellar Wisdom Co., Limited at nil consideration, in preparation for future business. In April 2025, Stellar commenced operations and has since become one of our operating entities primarily engaged in video marketing on social media and video content platforms such as YouTube.

To align with the nature
of our business, we began shifting our business focus toward overseas operations centered in Hong Kong, starting from early 2025. On
May 14, 2025, Quantum entered into a share transfer agreement with Xiamen Yusanjia, an unaffiliated third party, to transfer all
outstanding shares of Turing, at the price approximately at RMB2.0 million (US$268,000) based on its unaudited net assets as of
April 30, 2025. After the Disposition, Turing is no longer owned by Quantum, and we have no operating subsidiary in mainland China. In
June 2025, we issued additional 10,517,430 Class A Ordinary Shares and 5,432,570 Class B Ordinary Shares to our shareholders on a
pro-rata basis. As a result of the share reorganization and the shares issuance, there are 10,550,400 Class A Ordinary Shares
and 5,449,600 Class B Ordinary Shares issued and outstanding as of the date hereof.

Our Controlling Shareholder currently owns 34.06% of our Ordinary Shares, which represents 91.17% of our aggregate voting power and, upon consummation of this offering, our Controlling Shareholder will own 31.14% of our Ordinary Shares, which represents 90.04% of the total voting power of our outstanding Ordinary Shares. See “ Risk Factors – Risks Related to This Offering and the Class A Ordinary Shares”.

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<div align='center'>BUSINESS</div>

Overview

DarkIris Inc. is a holding
company incorporated as an exempted company on May 31,