DarkIris’ (NASDAQ:DKI – Get Free Report) quiet period is set to expire on Wednesday, September 17th. DarkIris had issued 1,500,000 shares in its IPO on August 8th. The total size of the offering was $6,000,000 based on an initial share price of $4.00. During the company’s quiet period, underwriters and any insiders involved in the IPO are restricted from issuing any research reports or earnings estimates for the company because of SEC regulations. Following the expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen upgraded DarkIris to a “hold” rating in a research note on Saturday, August 16th.
Check Out Our Latest Stock Report on DKI
DarkIris Stock Performance
DarkIris Company Profile
DarkIris Inc is a holding company incorporated as an exempted company on May 31, 2024 under the laws of the Cayman Islands. We operate substantially all of our business through our subsidiaries in Hong Kong, namely Quantum Arts Co, Limited (“Quantum”) and Hongkong Stellar Wisdom Co, Limited (“Stellar”).
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