Hong Kong-based technology firm Hyperides Holdings files for a $15 million US IPO
IPO Overview
Hyperides Holdings, a Hong Kong-based provider of IT infrastructure, cloud, and cybersecurity services, filed on Thursday with the SEC to raise up to $15 million in an initial public offering.
Hyperides is a Hong Kong–based IT solutions provider offering business-to-business technology services through its operating subsidiary, Hyperides Limited. The company provides enterprises with infrastructure design and implementation, cloud migration, managed IT services, and cybersecurity solutions to support digital transformation and maintain secure, scalable IT environments. Its clients span multiple industries and rely on the company to build, operate, and maintain mission-critical technology systems.
The Hong Kong, China-based company was founded in 2017 and booked $8 million in revenue for the 12 months ended June 30, 2025. It plans to list on the Nasdaq under the symbol HYRD. Hyperides Holdings filed confidentially on November 14, 2025. Maxim Group LLC is the sole bookrunner on the deal.
About the Company
We are a growing IT solutions provider through Hyperides Limited headquartered in Hong Kong, offering comprehensive business-to-business IT services to enterprises across multiple industries. According to Frost & Sullivan, the IT solutions market in Hong Kong is projected to grow from HK$92.2 billion （approximately $11.8 billion） in 2024 to HK$129.8 billion （approximately $16.6 billion） in 2029, representing a CAGR of 7.2%, driven by accelerated digital transformation, evolving regulatory requirements, and increasing demand for outsourced managed services. In line with these market dynamics, enterprises are increasingly engaging IT service providers to design, implement and maintain scalable infrastructure, migrate workloads to cloud environments, and enhance cybersecurity resilience. The total revenue of Hyperides Limited increased by 13.1% from approximately $7.3 million in the fiscal year ended June 30, 2024 to approximately $8.3 million in the fiscal year ended June 30, 2025. The net income of Hyperides Limited for the same periods increased by 63.1% from approximately $0.6 million to approximately $0.9 million, representing stronger project execution and improved cost efficiency.
