EvoAir Holdings Inc. (EVOH) IPO filing analysis

One-minute decisionBASIC RESEARCHSource completeness · 88%

IPO research

EvoAir’s proposed Nasdaq IPO has expanded materially to 7.5 million shares and $30.525 million gross proceeds before expenses, but remains highly speculative because Nasdaq approval is pending, the company reports substantial losses and going-concern doubt, and the offering is not yet closed.

EvoAir is seeking to offer 7.5 million common shares at an assumed US$4.00 per share, subject to Nasdaq listing approval.

Where does the money go?Awaiting verificationS-1/A · 2026-07-24

Ownership and votingAwaiting verified holder data— economic · — voting

Next disclosed checkpointNasdaq listing decision and effectiveness/closing of the offering; timing is not supplied.S-1/A · 2026-07-24

Capital destination

Awaiting verification

S-1/A · 2026-07-24

Share-type percentages are not net-proceeds percentages. Amounts retain their stated gross/net basis; do not add unlike bases.

Check the source · S-1/A ↗

Next checkNasdaq listing decision and effectiveness/closing of the offering; timing is not supplied.

Latest filing2026-07-24

Capital destination

Awaiting verification

S-1/A · 2026-07-24

Share-type percentages are not net-proceeds percentages. Amounts retain their stated gross/net basis; do not add unlike bases.

Check the source · S-1/A ↗

BOOKRUNNERS / LEAD UNDERWRITERSBookrunners / lead underwriters

NOT YET DISCLOSED

Names not yet published

Fully diluted valuation bridge

Status	Reference
Awaiting verification	Source ↗

Basic-price scenario

A verified single offer price and basic post-offer share count are required. This is a data gap, not a paid lock.

Check the source · S-1/A ↗

Holder data awaits verification

The company had 27,180,631 shares outstanding as of July 15, 2026. Executive officers and directors collectively held approximately 39.69% before the offering and are expected to hold approximately 30.45% after it under stated assumptions. WKL Global is controlled by Low Wai Koon. · 2026-07-24

The company had 27,180,631 shares outstanding as of July 15, 2026. Executive officers and directors collectively held approximately 39.69% before the offering and are expected to hold approximately 30.45% after it under stated assumptions. WKL Global is controlled by Low Wai Koon.

One disclosed holder; not a complete ownership distribution.Check the source · S-1/A ↗

Conditional lock-up timeline

Status	Reference
Awaiting verification	Source ↗

Financial quality and runway

Status	Reference
Awaiting verification	Source ↗

Latest filing update

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SEC filing history

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Risk 1

Management states substantial doubt about continuing as a going concern and a need to raise additional capital.

Potential impact: Awaiting verification
Monitor: Nasdaq listing decision and effectiveness/closing of the offering; timing is not supplied.
Evidence: RISK FACTORS ↗

SEC EDGAR

S-1/A

2026-07-24

Open SEC filing ↗