How might the Nasdaq Capital Market listing affect the company's visibility and valuation multiples?
A Nasdaq Capital Market debut instantly lifts DarkIrisâ profile. The exchangeâs global brand and the âDKIâ ticker give the company a âwatchâlistâ status that draws institutional analysts, sellâside research houses and index providers. As a result, the stock will see a surge in coverage and a broader investor base, which typically translates into a higher priceâtoâsales (P/S) and priceâtoâearnings (P/E) premium versus a privatelyâheld peer that trades on a regional or overâtheâcounter venue. In the first weeks after the AugustâŻ8 debut, we can expect the multiple to expand by 10â15âŻ% as the market prices in the added liquidity, the potential for inclusion in smallâcap indices (e.g., Russell 3000, MSCI World SmallâCap) and the âNasdaqâqualityâ signal that the firm meets strict corporateâgovernance and reporting standards.
From a technical standpoint, the Nasdaq listing supplies a deep orderâbook and continuous, highâspeed marketâmaking, which reduces bidâask spreads and improves price discovery. The tighter spreads and higher daily volume create a more reliable support level around the $4.00 IPO price, while the upward bias of the broader US equity market in AugustâSeptember 2025 (driven by a resilient macro backdrop and a bullish tech rotation) offers a favorable backdrop for a breakout above the $4.20â$4.30 resistance zone. Traders can therefore look for a shortâterm âbuyâtheâdipâ opportunity if the stock retests $4.00 with strong volume, while positioning for a upside move toward $4.80â$5.00 as the valuation premium solidifies and indexâfund inflows accumulate.