EvoNexus Group, a Hong Kong-based developer of social and entertainment-focused mobile apps, increased the proposed share offering of its US IPO on Friday. The company now plans to offer 3.8 million shares at an expected price of $4.00 per share. It had originally filed in September to raise $8 million by offering 2 million shares at the same price.
On Tuesday, the company submitted a form RW withdrawing the F-1 document it filed in September, before it re-filed for a Nasdaq IPO on Friday. This latest filing also updated its financials results for the six months ended August 31, 2025.
EvoNexus develops and operates a range of social and entertainment-focused mobile applications. Its portfolio includes apps such as LivChat, BunchatLite, PeachU, Meeya, MeetClub, BakBak, UpChat, Timo, and RealCall.
The Hong Kong-based company was founded in 2019 and booked $11 million in revenue for the 12 months ended August 31, 2025. It still plans to list on the Nasdaq under the symbol EVON. Kingswood Capital Markets is the sole bookrunner on the deal.
