Evvolutions LeadTech, a Singapore-based technology reseller and cybersecurity provider, filed on Wednesday with the SEC to raise up to $11 million in an initial public offering.
The Singapore-based company plans to raise $11 million by offering 2.5 million shares at a price range of $4 to $5. At the midpoint of the proposed range, Evvolutions LeadTech would command a market cap of $158 million.
Evvolutions is a cybersecurity provider offering a comprehensive suite of products and services, including threat detection, vulnerability management, compliance advisory, and ransomware negotiation. Operating in Singapore and Vietnam, it served approximately 111 customers in FY24, with a focus on government agencies, enterprises, and private organizations across Southeast Asia. The company operates four main business segments: Cybersecurity Solutions, DevSecOps Integration Services, Security Operations Centre (SOC) Management Services, and Secured Media and Information Technology Management Solutions (ITMS). In addition to its proprietary platforms and services, Evvolutions also acts as a reseller of IT hardware to support solutions integration.
The Singapore-based company was founded in 2011 and booked $8 million in revenue for the 12 months ended September 30, 2025. It plans to list on the NYSE American under the symbol EVVO. Evvolutions LeadTech filed confidentially on August 12, 2025. Network 1 Financial Securities is the sole bookrunner on the deal.
