Hong Kong student dormitory operator Student Living EduVation (SDLV.US) has once again increased its fundraising scale to $31 million. IPO will be priced at $4-6 per share.

Zhitong Finance and Economics APP learned that Student Living EduVation (SDLV.US), a Hong Kong student dormitory operator, raised the size of its upcoming initial public offering (IPO) on Thursday. The company, headquartered in Hong Kong, plans to issue 6.3 million shares at a price of $4 to $6 per share, raising $31 million. In March of this year, the company applied to issue 3.8 million shares at a price of $4 to $6 per share, raising $19 million, an increase of 25% from the previously planned fundraising amount of $15 million. Based on the revised midpoint of the issuance size range, the company's market value will reach $131 million.