DarkIris Inc. Announces Share Consolidation

HONG KONG, Oct. 19, 2026 (GLOBE NEWSWIRE) -- DarkIris Inc. (Nasdaq: DKI) (the “Company” or “DarkIris”), an innovative technology provider in the digital media and entertainment sector, today announced that it will effect a share consolidation of its Class A ordinary shares of par value US$0.0016 each and Class B ordinary shares of par value US$0.0016 each at a ratio of 1-for-50, effective on October 22, 2026 (the “Share Consolidation”). The Company’s Class A ordinary shares are expected to begin trading on a post-consolidation basis at the open of the market session on October 22, 2026. Upon the market opening on October 22, 2026, the Company’s Class A ordinary shares will continue to be traded on The Nasdaq Stock Market under the symbol “DKI” with the new CUSIP number G2657S129.

Prior to the Share Consolidation, 46,731,225 Class A ordinary shares and 429,886 Class B ordinary shares are issued and outstanding. As a result of the Share Consolidation, every 50 shares (or part thereof) will be combined into one (1) share, with fractional shares rounded up to the next whole share, and approximately 934,625 Class A ordinary shares and 8,598 Class B ordinary shares will be issued and outstanding after the Share Consolidation. The Company is authorized to issue 6,250,000,000 number of shares, divided into two Classes consisting of: (i) 5,625,000,000 Class A ordinary shares of par value US$0.08 each and (ii) 625,000,000 Class B ordinary shares of par value US$0.08 each. All outstanding stock options, warrants and other rights to purchase the Company’s Class A ordinary shares will be adjusted proportionately as a result of the Share Consolidation.