DT House, which provides ESG consulting services in the UAE and Hong Kong, filed on Monday with the SEC to raise up to $8 million in an initial public offering.
The Abu Dhabi, UAE-based company plans to raise $8 million by offering 1.9 million shares at a price range of $4 to $5. At the midpoint of the proposed range, DT House would command a market value of $68 million.
Operating through subsidiaries in the UAE and Hong Kong, DT House provides corporate consultancy services to enterprises and corporations with a focus on environmental, social, and governance (ESG). In 2024, the company expanded its offerings to include the provision of travel-related services for leisure travelers into the UAE, which includes primarily the sale of tourism attractions tickets.
DT House was founded in 2020 and booked $1 million in revenue for the 12 months ended September 30, 2024. It plans to list on the Nasdaq under the symbol DTDT. The company filed confidentially on January 3, 2025. Revere Securities is the sole bookrunner on the deal.
