Company: DKI
Filing Date: 2025-06-13
Form Type: F-1
Source: 0001641172-25-015001
Chunk: 4

Company: DarkIris Inc.
Filing Date: 2025-06-13
Form: F-1
Chunk 4
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100% of Quantum and Stellar. Investors in our Class A Ordinary Shares should be aware that they may never hold equity interests in the Hong Kong operating companies directly. Investors are purchasing equity solely in DarkIris, our Cayman Islands holding company, which directly owns issued shares and equity interests in the Hong Kong operating companies. Because of our corporate structure, we may be subject to uncertainty about any future actions of the PRC government or authorities in Hong Kong, and it is possible that all the legal and operational risks associated with being based in and having operations in mainland China may also apply to operations in Hong Kong in the future. There is no assurance that there will not be any changes in the economic, political and legal environment in Hong Kong. The PRC government may intervene or influence our current and future operations in Hong Kong at any time, or may exert more control over offerings conducted overseas and/or foreign investment in issuers like DarkIris. The Company used to conduct its operations through Guangzhou Turing Interactive Entertainment Technology Co., Ltd (“Turing”), a subsidiary of Quantum. On May 14, 2025, Quantum entered into a share transfer agreement with Xiamen Yusanjia Culture Communication Co., Ltd (“Xiamen Yusanjia”), an unaffiliated third party, to transfer all outstanding shares of Turing, at the price approximately at RMB2.0 million (US$268,000) based on its unaudited net assets as of April 30, 2025 (the “Disposition”). After the Disposition, Turing is no longer owned by Quantum, and we have no operating subsidiary in mainland China.

Such governmental actions, if and when they occur:

| ● | could result in a material                                                                                   
 change in our operations and/or the value of our Class A Ordinary Shares;                                    |
| ● | could significantly limit                                                                                    
 or completely hinder our ability to continue our Group’s operations;                                         |
| ● | could significantly limit                                                                                    
 or completely hinder our ability to offer or continue to offer our Class A Ordinary Shares to investors; and |
| ● | may cause the value of                                                                                       
 our Class A Ordinary Shares to significantly decline or be worthless.                                        |

The PRC government initiated a series of regulatory actions and made a number of public statements on the regulation of business operations in certain areas in China with little advance notice, including cracking down on illegal activities in the securities market, enhancing supervision over China-based companies listed overseas using variable interest entity (“VIE”) structure, adopting new measures to extend the scope