After withdrawing the old documents, Hong Kong mobile application developer EvoNexus Group(EVON.US) significantly increased its IPO issuance scale by 90% and quickly re-launched.

Hong Kong-based social and entertainment mobile app developer EvoNexus Group (EVON.US) increased the number of shares it plans to issue in its initial public offering (IPO) in the United States last Friday. The company is currently planning to issue 3.8 million shares at a price of $4 per share. Previously, the company had submitted an application in September last year to issue 2 million shares at the same price to raise $8 million in funds. Last Tuesday, the company submitted an RW form, withdrawing its F-1 filing submitted in September last year, and re-submitting its Nasdaq IPO application last Friday. The filing also updated the financial performance for the six months ending on August 31, 2025. EvoNexus develops and operates a series of mobile applications with a focus on social and entertainment. Its product portfolio includes apps such as LivChat, BunchatLite, PeachU, Meeya, MeetClub, BakBak, UpChat, Timo, and RealCall. Established in 2019 and headquartered in Hong Kong, the company generated $11 million in revenue in the 12 months ending on August 31, 2025. The company still plans to list on Nasdaq under the stock symbol EVON. Kingswood Capital Markets is the sole bookrunner for this transaction.