FG Holdings (FGO.US), a Hong Kong-based company specializing in mortgage brokerage services, has increased the proposed size of its upcoming initial public offering. The company, headquartered in Hong Kong, now plans to raise $15 million by offering 3.8 million shares at an intended price of $4 per share. This marks a change from its previous filing to issue 2 million shares within a price range of $4 to $5. With the revised offering size, FG Holdings will raise 67% more capital than previously anticipated, while its market valuation stands at $135 million, a 6% decrease from the earlier terms. Through its operating subsidiaries, FG Holdings operates a fintech platform facilitating brokerage services for both private credit mortgages and bank-originated mortgages. The company provides borrowers with mortgage application simulations and presents various mortgage options from different lenders, assisting them in matching with the best loan and connecting them with potentially suitable lending institutions. Since its inception through June 30, 2025, FG Holdings has facilitated over $1.3 billion in loans for 711 borrowers. Founded in 2019, FG Holdings recorded revenue of $3 million for the twelve months ended June 30, 2025. The company intends to list on the Nasdaq exchange under the ticker symbol FGO. D. Boral Capital and uSmart Securities are acting as joint book-running managers for the offering.