Moon's Dark Side has sent a listing proposal to investors, expected to IPO on Hong Kong Stock Exchange within approximately six months

Odaily Planet Daily News: Leading large-model company Moon's Dark Side has sent a listing proposal to investors, expecting to complete its Hong Kong Stock Exchange listing within approximately 6 months. After reaching an ARR of $300 million in June this year and experiencing several times growth following the launch of the K3 model, the company believes the timing is ripe. It is reported that Moon's Dark Side's previous annual recurring revenue tripled within 3 months, and the new model Kimi K3 surpasses competitors other than Claude Fable 5 and GPT-5.6 in comprehensive capabilities. The pricing of Kimi K3 is roughly equivalent to Anthropic's Sonnet. (Science and Technology Innovation Board Daily)