Hong Kong mobile game developer Black Pupil Technology (DKI.US) plans to go public in the United States, aiming to raise $6 million.
DarkIris Technologies submitted its initial public offering (IPO) application to the U.S. Securities and Exchange Commission (SEC) last Friday.
DarkIris Technology, headquartered in Hong Kong, submitted its initial public offering (IPO) application to the U.S. Securities and Exchange Commission (SEC) last Friday. The company plans to issue 1.5 million shares of stock at a price of $4 per share, raising $6 million. Based on the proposed price, DarkIris Technology's market value will reach $70 million.
DarkIris Technology develops, distributes, and operates mobile digital games through various third-party digital stores. Its business scope includes game design, programming, graphics production, as well as distribution and operation of mobile games on various platforms.
Founded in 2018, DarkIris Technology had revenue of $10 million in the 12 months ending on March 31, 2025. The company plans to list on the Nasdaq with the stock code "DKI". The company secretly submitted the application on March 17, 2025. Tiger Securities is the sole bookkeeping firm for this transaction.
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