DarkIris Inc. Announces 1-for-50 Share Consolidation
1 report, 1 independent
Updated 00:00
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What happened
DarkIris Inc. announced a share consolidation of its Class A and Class B ordinary shares at a ratio of 1-for-50, effective October 22, 2026. Before the consolidation, the company had 46,731,225 Class A ordinary shares and 429,886 Class B ordinary shares outstanding. After the consolidation, approximately 934,625 Class A ordinary shares and 8,598 Class B ordinary shares are expected to be outstanding.
From manilatimes.net
Why it matters
The corporate action will result in DarkIris Inc.'s Class A ordinary shares continuing to trade on Nasdaq under the symbol DKI, but with a new CUSIP number. The company is authorized to issue a total of 6,250,000,000 shares across both classes.
From manilatimes.net
Who's involved
- NasdaqThe stock exchange where DarkIris Inc.'s shares trade
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The entities involved
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Nasdaq
American fully electronic stock exchange
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