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 DarkIris’ quiet period, insiders and any underwriters involved in the IPO are restricted from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. Following the expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.
Analysts Set New Price Targets
Separately, Wall Street Zen raised DarkIris to a “hold” rating in a report on Saturday, August 16th.
View Our Latest Research Report on DarkIris
DarkIris Stock Performance
About DarkIris
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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