Company: DKI
Filing Date: 2025-03-17
Form Type: DRS
Source: 0001493152-25-010539
Chunk: 106

Company: DarkIris Inc.
Filing Date: 2025-03-17
Form: DRS
Chunk 106
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 resources for the dissemination and promotion of Wei, Shu & Wu. Regarding revenue sharing, the gaming platforms transfer the earnings from in-game purchases to us on a monthly basis, deducting channel costs, taxes, and bad debts based on our agreed-upon ratio. The agreements are typically set for two to three years and are subject to renewal with a notice period of thirty to sixty days before the expiration of such agreement, unless a written request for termination has been made by either party.

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Record of the Divine Serpent in the Ninth Heaven 九霄靈蛇錄(“ Divine Serpent”)

Photos of promotional materials of Divine Serpent

We were engaged to
operate Divine Serpent, a mobile game developed by a third party game developer, in Hong Kong, Macau and Taiwan regions, and
launched it in 2022 on two platforms, including Apple App Store and Google Play Store. Divine Serpent is an MMO and fantasy martial
arts role-playing game. For the year ended September 30, 2024 and 2023, Divine Serpent generated $1,879,858 and $ 2,092,999 of
revenue from in-game purchase and had total users of 144,278 and 187,487, and MDV of 12,023 and 34,415, respectively.

In our licensing agreement with the game developer of Divine Serpent, the game developer grants us exclusive rights to distribute, operate and promote Divine Serpent on the IOS and Android systems in the agreed area, and we are not allowed to sublicense Divine Serpent to third parties or our own company. During the term, we cooperate with the game developer to make the local language version of Divine Serpent, including updates, patches and upgrades for such version. We are responsible for setting up game servers, marketing, in-game purchases, and development of online payment channels within the specified region and bear the relevant costs. We pay an agency and copyright fee for the licensing, and share the in-game purchase earnings with the game developer on a monthly basis as per our agreed ratio. The terms of the agreement lasts for three years.

Immortal Fate 仙緣無雙

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Photos of promotional materials of Immortal Fate

We were engaged to
operate Immortal Fate and had it launched in 2024 on two platforms, including My1737 and Let’s Play Art Planet, in
Hong Kong, Macau and Taiwan. For the