Hong Kong mobile app developer EvoNexus Group ups shares offered by 67% ahead of $25 million US IPO
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EvoNexus Group, a Hong Kong mobile app developer, has increased its IPO share offering by 67% to 6.3 million shares at $4 each, aiming to raise $25 million. This adjustment raises the expected proceeds and sets a market cap of $165 million. Founded in 2019, EvoNexus reported $15 million in revenue for the year ending February 28, 2026, and plans to list on Nasdaq as EVON.
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