Student Living EduVation, a provider of student accommodation services in Hong Kong, disclosed the terms for its initial public offering on Tuesday. The Hong Kong-based company intends to offer 3.8 million shares at $4 per share to raise $15 million. It plans to list on the Nasdaq under the ticker symbol "SDLV."

Founded in 2016, Student Living EduVation operates under the "Student Living" brand, offering student housing and property management services, along with educational consulting referrals. The company currently manages five dormitory properties in Hong Kong, with a total area exceeding 26,500 square feet. It serves approximately 400 individual clients annually, 95% of whom are from mainland China.

The company's properties maintain a 100% occupancy rate overall. All dormitories are situated near major universities and provide a total of 143 rooms, primarily single-occupancy. The average rental period for clients is one year. According to available data, the company generated revenue of $3 million for the 12-month period ended September 30, 2025.