Company: DKI
Filing Date: 2025-03-17
Form Type: DRS
Source: 0001493152-25-010539
Chunk: 18

Company: DarkIris Inc.
Filing Date: 2025-03-17
Form: DRS
Chunk 18
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 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.” Implications of Being a Controlled Company Upon the completion of this offering, we will be a “controlled company” as defined under the Nasdaq Listing Rules because our Controlling Shareholder will beneficially own approximately [*]% of our issued and outstanding share capital, and approximately [*]% aggregate voting power, assuming that the underwriters do not exercise their over-allotment option. For so long as we remain a “controlled company,” we are permitted to elect not to comply with certain corporate governance requirements. If we rely on these exemptions, you will not have the same protection afforded to shareholders of companies that are subject to these corporate governance requirements. See section titled “ Risk Factors — Risks Related to This offering and the Class A Ordinary Shares — We will be a “controlled company” within the meaning of the Nasdaq Stock Market Rules and, as a result, may rely on exemptions from certain corporate governance requirements that provide protection to shareholders of other companies.”for more information. Even if we cease to be a controlled company, we may still rely on exemptions available to foreign private issuers. See section titled “ Risk Factors — Risks Related to This offering and the Class A Ordinary Shares — We are a foreign private issuer within the meaning of the rules under the Exchange Act, and as such we are exempt from certain provisions applicable to U.S. domestic public companies.” for more information. Implications of Our Being an “Emerging Growth Company” As a company with less than $1.235 billion in revenue during our last fiscal year, we qualify as an “emerging growth company” as defined in the JOBS Act. An “emerging growth company” may take advantage of reduced reporting requirements that are otherwise applicable to larger public companies. In particular, as an emerging growth company, we:

| ● | may present only two years                                                                                                             
 of audited consolidated financial statements and only two years of related Management’s Discussion and Analysis of Financial           
 Condition and Results of Operations;                                                                                                   |
| ● | are not required to provide                                                                                                            
 a detailed narrative disclosure discussing our compensation principles, objectives and elements and analyzing how those elements