UAE-based consultancy DT House files new papers for $26 million US IPO
IPO Overview
DT House, which provides ESG consulting services in the UAE and Hong Kong, raised the proposed deal size for its upcoming IPO on Tuesday.
The Abu Dhabi, United Arab Emirates-based company now plans to raise $26 million by offering 5 million shares at a price range of $5 to $5.50. The company had previously filed to offer 2 million shares at a range of $4 to $5. At the midpoint of the revised deal size, DT House will raise 192% more in proceeds than previously anticipated and command a market cap of $95 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 $2 million in sales for the 12 months ended September 30, 2025. It plans to list on the Nasdaq under the symbol DTDT. American Trust Investment Services is the sole bookrunner on the deal.
About the Company
We are a Cayman Islands exempted company with operations conducted by our subsidiaries in the UAE and Hong Kong. DT House is the holding company of UHAD, UHHK and UFox, all being our wholly-owned subsidiaries. Our headquarters are located in the UAE, and we commenced with the establishment of UHHK in 2020. We provide corporate consultancy services encapsulating environmental, social and governance-related aspects （commonly known as “ESG”） to enterprises and corporations with the purpose of unlocking greater business resiliency and sustainable cost savings along with revenue generating opportunities. As part of our corporate consultancy services around the ESG thematic, we provide travel-related services for leisure travelers into the UAE, which includes primarily the sale of tourism attractions tickets. Our corporate consultancy services are provided in the UAE and Hong Kong. ESG is an emerging managerial concept for enterprises and corporations. Through technology integration, our corporate consultancy services offer customized hassle-free solutions to clients, from developing the knowledge and acknowledging the importance of ESG criteria, to formulating internal ESG self-assessments and practices, identifying ESG-related risks and opportunities, implementing cost-effective ESG policies and solutions, and eventually to capitalizing on potential ESG-related market opportunities and strategies.