UAE consulting firm DT House (DTDT.US) withdraws $26 million US IPO

智通财经2026/11/05 06:36

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According to Jinse Finance APP, UAE consulting firm DT House withdrew its initial public offering (IPO) plan in the United States on Wednesday. The company initially submitted its listing application in March 2025 and most recently updated its application documents in January 2026, planning to raise $26 million by issuing 5 million shares at a price range of $5.00 to $5.50 per share. The company originally planned to list on Nasdaq under the stock code "DTDT".

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The report believes that the cash flow pressure is temporary. With more computing power being put into operation, revenue from cloud mining farms will continue to grow rapidly in 2027 and 2028, driving sustained OCF growth and reducing Capex growth pressure. In the long run, there is no need to worry about the cash flow situation.

智通财经•2026/11/08 22:51