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Student Living EduVation (Holdings) Corporation, a Cayman Islands holding company incorporated on June 4, 2025, operates student accommodation services, property management, and referral of education advisory services in Hong Kong through its wholly-owned subsidiary Student Living (Hong Kong) Culture Technology Limited, incorporated April 25, 2016. The company leases properties near universities, furnishes them as dormitories, and subleases to non-local students while providing 24/7 support, community events, and referrals to Meta Academia Ltd for education consulting. For the six months ended September 30, 2025, revenues reached $1,397,091 (up 76% YoY), with net income of $207,711; FYE March 31, 2025 revenues were $2,472,657 (up 214% YoY), net income $751,573. The company operates five dormitories totaling over 26,500 sq ft with 100% occupancy. This F-1/A registers [3,750,000] Ordinary Shares at $[*]-[*] per share for Nasdaq listing (SDLV), with net proceeds ~$[*] allocated 55% to HK expansion, 20% Southeast Asia, 5% tech development, 20% working capital. Resale Prospectus covers 5,880,000 shares by six pre-IPO investors. As a controlled company (59.45% by TechLiving BVI post-IPO), it plans exemptions from certain Nasdaq governance rules. Investment thesis: capitalize on HK's student housing shortage (2.55:1 bed ratio), non-local enrollment growth to 40%, and scalable model amid 24% CAGR market to HKD5.7B by 2030, despite HK/China regulatory risks.
Offering Amount
$4.00B
Shares Offered
1,000,000,000
Price Range
$4.00 – $4.00
Issuer Type
Shares Offered
3,750,000
Offering Amount
$[*]
Price Range
$[*]-$[*]
Share Type
Ordinary Shares
Exchange
Nasdaq Capital Market
Ticker
SDLV
Use of Proceeds: 55% HK business development, 20% Southeast Asia presence, 5% management systems, 20% working capital
Student living and referral of education advisory services provider operating under the 'Student Living' brand in Hong Kong through wholly-owned subsidiary Student Living HK.