Company: DKI
Filing Date: 2025-06-13
Form Type: F-1
Source: 0001641172-25-015001
Chunk: 159

Company: DarkIris Inc.
Filing Date: 2025-06-13
Form: F-1
Chunk 159
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), including having committee members that meet the independence requirements of Rule 5605(c)(2)(A)(ii). The exemptions are subject to our disclosure of which requirements we are not following and the equivalent Cayman Islands requirements. Below are some of the exemptions afforded to foreign private issuers under the Nasdaq rules:

| ● | Exemption                                                                                                                        
 from the requirement that we disclose within four business days of any determination to grant a waiver of the code of business   
 conduct and ethics to directors and officers.                                                                                    |
| ● | Exemption                                                                                                                        
 from the requirement that our board of directors be composed of independent directors.                                           |
| ● | Exemption                                                                                                                        
 from the requirement that our audit committee have a minimum of three members.                                                   |
| ● | Exemption                                                                                                                        
 from the requirement that we hold annual shareholders’ meetings.                                                                 |
| ● | Exemption                                                                                                                        
 from the requirement that our board of directors have a remuneration committee composed entirely of independent directors with a 
 written charter addressing the committee’s purpose and responsibilities.                                                         |

| 89 |

| ● | Exemption                                                                                                                                   
 from the requirement that director nominees are selected, or recommended for selection by our board of directors, either by (i) independent 
 directors constituting a majority of our board of directors’ independent directors in a vote in which only independent directors            
 participate, or (ii) a committee comprised solely of independent directors and governed by a formal written charter or board                
 resolution, as applicable, addressing the nomination process as adopted.                                                                    |

We intend to comply with all of the rules generally applicable to U.S. domestic companies listed on the Nasdaq. We may in the future decide to use the foreign private issuer exemption with respect to some or all of the other Nasdaq corporate governance rules. We also intend to comply with Cayman Islands corporate governance requirements under the Companies Act applicable to us at the same time. If we rely on our home country corporate governance practices in lieu of certain of the rules of Nasdaq, our shareholders may not have the same protections afforded to shareholders of companies that are subject to all of the corporate governance requirements of Nasdaq. We may utilize these exemptions for as long as we continue to qualify as a foreign private issuer.

Other Corporate Governance Matters

The Sarbanes-Oxley Act of 2002, as well as related rules subsequently implemented by the SEC, requires foreign private issuers, including us, to comply with various corporate governance practices.

Because we are a foreign private issuer, our members of our