SINGAPORE, April 07, 2026 (GLOBE NEWSWIRE) — Trident Digital Tech Holdings Ltd (“Trident” or the “Company”, NASDAQ: TDTH), a leading digital transformation enabler in technology optimization services and Web 3.0 enablement based in Singapore, today announced that it intends to increase the ratio of its American Depositary Shares (“ADSs”) to its Class B ordinary shares (the “ADS Ratio”), par value US$ 0.00001, to be changed. per share, from the current ADS ratio of one (1) ADS to eight (8) Class B ordinary shares to a new ADS ratio of one (1) ADS to two hundred and forty (240) Class B ordinary shares (the “ADS Ratio Change”). The Company expects the change in the ADS ratio to become effective on or about April 24, 2026 (the “Effective Date”).
For the Company’s ADS holders, the change in the ADS ratio will have the same effect as a one-for-thirty reverse ADS split. On the Effective Date, holders of ADSs in the Direct Registration System (“DRS”) and in The Depository Trust Company (“DTC”) will have their ADSs automatically redeemed and no action will be required. The exchange of each thirty (30) then-held (existing) ADSs for one (1) new ADS will occur automatically, on the Effective Date, with the then-held ADSs being canceled and new ADSs being issued by the depository bank.
No fractional new ADSs will be issued in connection with the change in the ADS ratio. Instead, fractional rights to new ADSs will be pooled and sold by the custodian bank, and the net cash proceeds from the sale of the fractional ADS rights (net of fees, taxes and expenses) will be distributed by the custodian bank to the relevant ADS holders.
The Company’s ADSs will continue to trade on the Nasdaq Capital Market under the symbol “TDTH.” The change in the ADS ratio will have no impact on the underlying Class B ordinary shares of the Company, and no Class B ordinary shares will be issued or canceled in connection with the change in the ADS ratio.
About Trident
Trident is a leading catalyst for digital transformation in digital optimization, technology services and Web 3.0 enablement worldwide, based in Singapore. The company provides commercial and technology digital solutions designed to optimize its customers’ experience with their end users by promoting digital adoption and self-service.
Tridentity, the company’s flagship product, is an innovative and highly secure blockchain-based identity solution designed to provide secure single sign-on authentication capabilities to integrated third-party systems across industries. Tridentity aims to provide unparalleled security features, ensure the protection of sensitive information and prevent potential threats, thereby promising a new secure era in the global digital landscape in general, and in South Asia etc.
In addition to Tridentity, the company’s mission is to become the global leader in Web 3.0 enablement, specifically connecting businesses to a reliable and secure technology platform, with tailored and optimized customer experiences, with a strong focus on Africa and other fast-growing markets. For more information, visit: https://tridentity.me/
Safe Harbor Statement
This announcement contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “targets,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to stockholders, in announcements and other written materials, and in oral statements of its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could also cause actual results to differ materially from those contained in any forward-looking statement, including, but not limited to, the following: possible adverse reactions or changes in business relationships; adverse changes in general economic or market conditions; and actions of third parties, including government agencies; the company’s strategies, future business development and financial condition and results of operations; the expected growth of the digital solutions market; the political, economic, social and legal developments in the jurisdictions in which the Company operates or in which the Company plans to expand its operations and activities; the company’s ability to maintain and strengthen its brand. Further information about these and other risks is included in the company’s filings with the SEC. All information contained in this announcement is as of the date hereof, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.
Investor relations questions:
Skyline Corporate Communications Group, LLC
Scott Powell, Chairman
1177 Avenue of the Americas, 5th floor
New York, New York 10036
Office: (646) 893-5835
E-mail: [email protected]
