Tag: Hacker Interstellar

  • AI-Powered Social Media Firm Hacker Interstellar Upsizes US IPO to $43 Million

    AI-Powered Social Media Firm Hacker Interstellar Upsizes US IPO to $43 Million

    Hong Kong-based Hacker Interstellar, the operator of an AI-driven voice-centric social media app targeting emerging markets, has expanded its proposed US initial public offering (IPO) to $43 million. The company now plans to offer 3.9 million shares at a price range of $10.50 to $11.50 per share, up from the previously planned 2.8 million shares, according to Renaissance Capital.

    At the midpoint of the revised deal size, the expected proceeds have increased by 39% compared to the earlier filing. The IPO would give Hacker Interstellar a fully diluted market value of approximately $336 million.

    Company Focuses on AI-Powered Voice Social Networking

    Founded in 2016, Hacker Interstellar provides an AI-powered voice social media network. Its core business revolves around voice-based social networking that leverages artificial intelligence to enable cross-lingual and cross-dialectal communication. The company’s platform, YoYo, offers a voice chat room experience built on vernacular-language voice models.

    In addition to its consumer app, Hacker Interstellar has been diversifying into voice-based offerings and AI-driven B2B services. The company’s mission is to become an infrastructure platform for voice interaction in vernacular languages and dialects worldwide.

    Revenue and Listing Details

    For the 12 months ending June 30, 2026, Hacker Interstellar reported $107 million in revenue, providing insight into its operational scale ahead of the listing. The proposed listing will take place on either NASDAQ or the NYSE under the ticker symbol SOUD. Kingswood Capital Markets is the sole bookrunner for the issuance.

    The company initially filed for a US IPO in February 2026, intending to list on NASDAQ under the same ticker. The number of shares offered has since changed significantly.