UAE consulting company DT House (DTDT.US) applies for listing in the United States, intending to raise $8 million.

The UAE consulting company DT House submitted its initial public offering (IPO) application to the U.S. Securities and Exchange Commission on Monday. The company, based in Abu Dhabi, plans to issue 1.9 million shares at a price of $4 to $5 per share, raising $8 million. Based on the proposed midpoint of the price range, DT House's market value will reach $68 million. DT House operates through subsidiaries in the UAE and Hong Kong, providing consulting services to businesses and companies, with a focus on Environment, Social, and Governance (ESG). In 2024, the company expanded its services to include tourism-related services for leisure travelers visiting the UAE. Established in 2020, DT House had revenue of $1 million for the 12 months ending on September 30, 2024. The company plans to list on the Nasdaq under the ticker symbol "DTDT". The company submitted the application secretly on January 3, 2025. Revere Securities is the sole bookrunner for this transaction.