Company: DKI
Filing Date: 2025-07-29
Form Type: F-1/A
Source: 0001641172-25-021310
Chunk: 251

Company: DarkIris Inc.
Filing Date: 2025-07-29
Form: F-1/A
Chunk 251
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 the above test, restricted net assets of combined subsidiaries shall mean that amount of the Company’s proportionate share of net assets of combined subsidiaries (after intercompany eliminations) which as of the end of the most recent fiscal year may not be transferred to the parent company by subsidiaries in the form of loans, advances or cash dividends without the consent of a third party

The condensed financial information of the parent company has been prepared using the same accounting policies as set out in the Company’s combined financial statements except that the parent company used the equity method to account for investment in its subsidiaries. Such investment is presented on the condensed balance sheets as “Investment in subsidiaries” and the respective profit or loss as “Equity in earnings of subsidiaries” on the condensed statements of income.

The footnote disclosures contain supplemental information relating to the operations of the Company and, as such, these statements should be read in conjunction with the notes to the combined financial statements of the Company. Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S GAAP have been condensed or omitted.

The Company did not pay any dividend for the periods presented. As of September 30, 2024 and 2023, there were no material contingencies, significant provisions for long-term obligations, or guarantees of the Company, except for those which have been separately disclosed in the combined financial statements, if any.

| F-40 |

Condensed balance sheets

| Assets                                                                                                              
 Non-current assets                                                                                                  |     | As of         
 September 30, 
 2024          |            |   |     | As of         
 September 30, 
 2023          |            |   |
|:--------------------------------------------------------------------------------------------------------------------|:----|:--------------|-----------:|:--|:----|:--------------|-----------:|:--|
| Investment in subsidiaries                                                                                          |     | $             |    934,994 |   |     |               |          - |   |
| Total assets                                                                                                        |     |               |    934,994 |   |     |               |          - |   |
| Liabilities and Shareholders’ Equity                                                                                |     |               |            |   |     |               |            |   |
| Non-current liabilities                                                                                             |     |               |            |   |     |               |            |   |
| Loss in excess of investment in subsidiaries                                                                        |     |               |          - |   |     |               |  2,853,068 |   |
| Total liabilities                                                                                                   |