Company: DKI
Filing Date: 2025-03-17
Form Type: DRS
Source: 0001493152-25-010539
Chunk: 44

Company: DarkIris Inc.
Filing Date: 2025-03-17
Form: DRS
Chunk 44
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 91.17% of the total voting power, and approximately [*]% of our outstanding Ordinary Shares representing approximately [*]% of the total voting power immediately after the completion of this offering, assuming that the underwriters do not exercise their over-allotment option. Our corporate actions will be substantially controlled by our Controlling Shareholder, who will have the ability to control or exert significant influence over important corporate matters that require approval of shareholders, which may deprive you of an opportunity to receive a premium for your shares and materially reduce the value of your investment.

Currently, Hong Zhifang, our Chief Executive Officer and director, through RongStar Holdings Ltd, beneficially owns an aggregate of approximately 34.06% of our outstanding Ordinary Shares representing approximately 91.17% of the total voting power of our outstanding Ordinary Shares. Upon the completion of this offering, we will be a “controlled company” as defined under the Nasdaq Stock Market Rules because after the offering, our Controlling Shareholder will beneficially own [*]% of our ordinary shares issued and outstanding, and [*]% of our aggregate voting power, assuming the underwriters do not exercise their over-allotment option.

As a result, Hong Zhifang
will have the ability to control or exert significant influence over important corporate matters and investors may be prevented from
influencing important corporate matters involving our company that require approval of shareholders, including:

| ● | the composition of our board                                                                                                          
 of directors and, through the voting of the board of directors, any determinations with respect to our operations, business direction 
 and policies, including the appointment and removal of officers;                                                                      |
| ● | any determinations with respect                                                                                                       
 to mergers or other business combinations;                                                                                            |
| ● | our disposition of all or                                                                                                             
 substantially all of our assets; and                                                                                                  |
| ● | any change in control.                                                                                                                |

| 23 |

These actions may be taken even if they are opposed by our other shareholders, including the holders of the Class A Ordinary Shares. Without the consent of our Controlling Shareholder, we may be prevented from entering into transactions that could be beneficial to us or our minority shareholders. The interests of these beneficial owners may differ from the interests of our other shareholders. Furthermore, this concentration of ownership may also discourage, delay or prevent a change in control of our company, which could deprive our shareholders of an opportunity to receive a premium for their shares as part of a sale of our company and reducing the price of the