Hong Kong mobile application developer EvoNexus (EVON.US) has further expanded its IPO size, with the number of shares issued increased by 67% to raise $25 million.

According to the Smart Finance and Economics APP, Hong Kong social entertainment application developer EvoNexus Group raised the proposed fundraising scale for its upcoming IPO on Thursday. The company currently plans to issue 6.3 million shares at a price of $4 per share, with an expected fundraising of $25 million.