Hacker Interstellar, a Hong Kong-based developer of a voice-centric, AI-powered social media app focused on emerging markets, has increased the proposed size of its upcoming US initial public offering. The company now plans to raise $43 million, up from its previous proposal, as it expands the number of shares offered while maintaining the same price range.

Company Background

Hacker Interstellar operates a social media platform built around voice interaction and artificial intelligence, with a focus on users in emerging markets. The company was founded in 2016 and generated $107 million in revenue for the 12 months ended June 30, 2026.

The company’s focus on voice-based social media and AI places it within the broader digital communications and technology market, while its emerging-market strategy provides a distinct geographic focus for its platform.

IPO Details

Hacker Interstellar now plans to offer 3.9 million shares at a price range of $10.50 to $11.50 per share, targeting approximately $43 million in gross proceeds.

The company had previously planned to offer 2.8 million shares at the same price range. The increased share count represents a 39% increase in the proposed proceeds compared with the earlier deal size.

At the midpoint of the revised range, Hacker Interstellar would have a fully diluted market value of approximately $336 million.

The company plans to list on either the Nasdaq or NYSE under the symbol SOUD, with Kingswood Capital Markets serving as the sole bookrunner.

Market Context & Opportunities

The larger proposed offering would provide Hacker Interstellar with additional capital while maintaining the previously announced price range. Its combination of AI-powered technology, voice-centric social interaction and an emerging-market focus places the company within several areas of continued development across the technology and social media industries.

The company’s $107 million in trailing 12-month revenue also provides a larger operating base than the proposed IPO proceeds, although the filing information provided does not specify how the additional capital would be allocated.

Risks & Challenges

Hacker Interstellar operates in the competitive social media and technology markets, where user engagement, platform development and the ability to maintain growth can influence financial performance. Its concentration on emerging markets may also expose the company to varying economic and regulatory environments.

The increased offering size also means that the final IPO outcome will depend on investor demand and market conditions when the company proceeds with pricing.

Closing Paragraph

Hacker Interstellar’s decision to increase its proposed US IPO to $43 million marks a significant expansion from its earlier offering plan, with the company increasing the share count from 2.8 million to 3.9 million while keeping the same $10.50-to-$11.50 price range. With a planned Nasdaq or NYSE listing under SOUD, the Hong Kong-based social media developer is seeking to bring its AI-powered platform to US public markets.