DarkIris Inc.

DarkIris Inc. reported its unaudited financial results for the first half of fiscal year 2026, showing a 13.9% increase in revenue to $5.93 million and a 20.9% rise in gross profit to $1.76 million. However, the company posted a net loss of $1.90 million, a significant decline from net income in the prior year, primarily due to a 718.3% surge in operating expenses from strategic investments in game enhancement and Nasdaq listing fees. DarkIris is pursuing a dual-engine growth strategy across gaming and AI-driven digital media, including the launch of an AIGC video platform and acquisition of film/TV IP, and completed a $3.8 million PIPE financing in April 2026, though it noted substantial doubt about its ability to continue as a going concern.

DarkIris Inc. held an Extraordinary General Meeting (EGM) on August 6, 2026, where shareholders approved all six proposed items. Key approvals include a significant increase in the company's authorized share capital and total number of authorized shares. Shareholders also approved an increase in voting rights for Class B Ordinary Shares and a potential share consolidation at a ratio between 2:1 and 3,000:1, to be determined by the Board. Additionally, the adoption of new memorandum and articles of association was approved.

DarkIris Inc. will hold an Extraordinary General Meeting on August 6, 2026, to vote on significant corporate actions. These include a substantial increase in authorized share capital from US$50,000 to US$500,000,000 and authorized shares from 31.25 million to 312.5 billion. Shareholders will also consider increasing the voting rights of Class B Ordinary Shares from 20 to 150 votes per share and approving a flexible reverse stock split with a ratio ranging from 2:1 to 3,000:1. The Board unanimously recommends approval of all proposals, which also involve adopting new memorandum and articles of association.

DarkIris Inc. announced the resignation of Ms. Hong Yuanfang as a director, effective July 3, 2026. Her departure was not attributed to any disagreements with the company. Concurrently, Mr. Xu Jiang was appointed as a director, also effective July 3, 2026. Mr. Jiang will maintain his current role as the Chief Financial Officer of the company.

DarkIris Inc. announced the commercial launch and global availability of its generative Artificial Intelligence-Generated Content (AIGC) video platform, accessible at video.aideptus.com. This platform integrates ByteDance's Seedance 2.0 model, known for its advanced generative video capabilities, enabling high-quality "Text-to-Video" and "Image-to-Video" experiences. Initially launched with a Simplified Chinese interface, DarkIris plans to release English and other localized versions later this year to support broader international market expansion. The platform is designed to streamline digital media asset creation and AI-assisted content production, targeting applications like social media, documentaries, and commercial advertising to improve efficiency and reduce costs.

DarkIris Inc. announced the commercial launch and global availability of its generative Artificial Intelligence-Generated Content (AIGC) video platform, accessible at video.aideptus.com. This platform integrates ByteDance's Seedance 2.0 model, offering advanced "Text-to-Video" and "Image-to-Video" capabilities. Initially launched with a Simplified Chinese interface, the company plans to release English and other localized versions later this year to support international expansion. The platform is optimized for digital media and content creators, targeting applications such as social media, short-video production, independent documentaries, and commercial advertising to enhance efficiency and reduce costs.

DarkIris Inc. announced the closing of a private placement, raising approximately $3.8 million in net proceeds from 11 investors. The company plans to allocate these funds towards the development of its Artificial Intelligence-Generated Content platform and for general corporate purposes. Concurrently, DarkIris also completed a short video drama purchase agreement, acquiring a portfolio of 10 film and television intellectual property titles.

DarkIris Inc. announced the closing of a private placement, securing approximately $3.8 million in net proceeds from 11 investors. These funds are earmarked for the development of its Artificial Intelligence-Generated Content platform and general corporate purposes. Concurrently, the company completed the acquisition of a portfolio comprising 10 film and television intellectual property titles through a short video drama purchase agreement.

DarkIris Inc. successfully closed a series of previously disclosed transactions, including a $3.8 million private investment in public equity (PIPE) financing and an approximately $800,000 content acquisition of premium film and television IPs through equity issuance. These transactions introduce key industry partners, including an angel investor and strategic gaming partner CashGame Global, into DarkIris's ecosystem. The company aims to establish a foundational collaboration framework to advance its AI-generated content (AIGC) closed-loop strategy across gaming and broader entertainment, strengthening liquidity for its Singapore AIGC center.