Optical module developer Baituo Vision (BLTG.US) has increased its IPO size and plans to raise $27 million.

Chinese optical display module developer Nanjing Baixu Vision (BLTG.US) has increased the planned fundraising scale for its upcoming IPO. The company is currently planning to issue 6.7 million shares at a price of $4 per share to raise $27 million. Previously, Baixu Vision had applied to issue 4 million shares with a price range between $4 and $5. With the revised terms, the funds raised by Baixu Vision will be 48% more than originally expected, and its corresponding market value will reach $191 million (a decrease of 4% compared to the previous terms). Baixu Vision is an optical display technology company that focuses on the design, research and development, and sales of optical display modules and related products for virtual reality and augmented reality (VR/AR), consumer electronics, and other emerging industries. The company serves over 20 customers in China and other international markets. Baixu Vision provides optical solutions and services covering design, engineering, and supply chain management. Its product portfolio includes near-eye displays, VR-specific LCD modules, car display systems, and color e-paper displays. Established in 2022, Baixu Vision recorded $23 million in revenue in the 12 months ending December 31, 2025. The company plans to list on the Nasdaq under the stock symbol BLTG. US Tiger Securities is the exclusive bookrunner for this transaction.