Hong Kong, Nov. 21, 2025 — DarkIris Inc. (Nasdaq: DKI), a technology company focused on developing, publishing, and operating mobile games through third-party digital platforms, announced it received a notice from Nasdaq on November 18, 2025. The notice stated that the company’s Class A Ordinary Shares did not meet the minimum bid price of $1.00 per share, as required for continued listing on The Nasdaq Capital Market (Nasdaq Listing Rule 5550(a)(2)). This determination was based on the closing bid price of the Shares over the 30-day period from October 7, 2025, to November 17, 2025. The company is issuing this release to comply with Nasdaq Listing Rule 5810(b) and the instructions within the notification.
The notification does not immediately affect the listing of the Shares on The Nasdaq Capital Market. DarkIris has 180 calendar days, until May 18, 2026, to regain compliance under Nasdaq Listing Rule 5810(c)(3)(A). Compliance will be achieved if the closing bid price of the Shares reaches or exceeds $1.00 for at least 10 consecutive business days before May 18, 2026. Upon such an event, Nasdaq will issue a written confirmation of compliance.
If DarkIris fails to meet the minimum bid price requirement within the initial 180-day period, it may be eligible for an extension.
To qualify for an extension under Nasdaq Listing Rule 5810(c)(3)(A)(ii), DarkIris must meet the market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market (excluding the bid price requirement). The company must also notify Nasdaq in writing of its intent to correct the deficiency during the second compliance period, potentially through a reverse stock split. If these conditions are met, Nasdaq may grant an additional 180 calendar days for compliance. However, if Nasdaq believes the company cannot resolve the deficiency, or if the company is ineligible, a delisting notice will be issued. The company can then appeal the delisting decision to a Hearings Panel.
The receipt of the notice does not impact DarkIris’s business operations. The company intends to address this issue by monitoring the closing bid price of the Shares and exploring all available options to regain compliance. However, there is no guarantee that the company will be able to regain or maintain compliance. Furthermore, there is no assurance that Nasdaq will grant an extension should the Company request one.
About DarkIris Inc.
DarkIris Inc., based in Hong Kong, is a technology enterprise that develops, publishes, and operates mobile digital games through third-party digital storefronts. The company operates through its subsidiaries, Quantum Arts Co., Limited and Hongkong Stellar Wisdom Co., Limited, focusing on game design, programming, graphics, distribution, and operation across multiple platforms. DarkIris leverages the expertise of Hong Kong’s gaming industry and the diverse interests of global mobile game players. The company aims to create engaging and immersive mobile game genres for a global audience, consistently showcasing strength and innovation within the gaming industry. For more information, please visit the Company’s website: .
Forward-Looking Statements
This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. These statements involve plans, objectives, goals, strategies, future events, or performance, and underlying assumptions. Words like “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate,” or similar expressions identify forward-looking statements. These statements are not guarantees of future performance and involve risks and uncertainties that could cause actual results to differ materially from expectations. These uncertainties and risks include the company’s ability to achieve its goals and strategies, future business development and plans, financial conditions and results of operations, product and service demand and acceptance, reputation and brand, competition and pricing impacts, technological changes, government regulations, import/export restrictions, economic and business condition fluctuations, the company’s ability to comply with Nasdaq listing standards, assumptions related to the foregoing, and other risks detailed in the company’s filings with the SEC. Investors are cautioned against placing undue reliance on these statements. Additional factors are discussed in the company’s SEC filings, including Form 6-K reports, available for review at . The company does not undertake any obligation to update these forward-looking statements after the date of this release.
For investor and media inquiries, please contact:
DarkIris Inc.
Investor Relations Department
Email:
Ascent Investor Relations LLC
Tina Xiao
Phone: +1 646-932-7242
Email:
