Hong Kong virtual market service provider Dbim (DBIM.US) submits application for US stock IPO, plans to raise $7 million.

Virtual market service provider Dbim Holdings, focusing on virtual goods trading, submitted an IPO application to the U.S. Securities and Exchange Commission on Wednesday, with plans to raise $7 million. Dbim is a comprehensive virtual market service provider in Asia. The company operates through two divisions: virtual goods services, through its virtual goods trading platform, and virtual scene construction services, utilizing VR, AR, 3D modeling, and artificial intelligence technologies. Founded in Hong Kong in 2017, the company had revenue of $10 million for the 12 months ending March 31, 2025. The company plans to list on NASDAQ, with the ticker symbol DBIM. Dbim secretly submitted the application on May 2, 2025. American Trust Investment Services is the sole bookrunner for this transaction. The company did not disclose pricing terms.