Deluxe Corporation's car exporter Hillhouse Frontier (HIFI.US) increased its US stock IPO size, raising a total of 19 million US dollars, a 200% increase.

Deluxe Corporation's car export enterprise Hillhouse Frontier Holdings (HIFI.US) adjusted its upcoming IPO plan on Thursday, significantly expanding the fundraising scale. The company, based in Diamond Bar, California, is currently planning to issue 3.8 million shares at a price of $4 to $6 per share, aiming to raise $19 million. The company's previously submitted application indicated a plan to issue 1.3 million shares at the same price range. With this adjustment, the fundraising scale has increased by 200% from the original plan, and the post-IPO market value is expected to reach $119 million based on the midpoint of the price range. The company conducts car export business through its subsidiary Hillhouse Capital Group, focusing on purchasing high-end cars in the United States and arranging for the delivery to customers in Hong Kong, who then distribute them to the mainland Chinese market. As of September 30, 2025, the company has completed 55 car transactions within the past nine months. Hillhouse Frontier Holdings was established in 2022 and generated $7 million in revenue in the twelve months leading up to September 30, 2025. The company plans to list on the NASDAQ under the stock symbol "HIFI," with Guotai Securities serving as the exclusive lead underwriter for this offering.