SINGAPORE, Might 01, 2026 (GLOBE NEWSWIRE) — Trident Digital Tech Holdings Ltd (“Trident” or the “Company,” NASDAQ: TDTH), a number one catalyst for digital transformation in know-how optimization companies and Internet 3.0 activation based mostly in Singapore, in the present day introduced that it acquired a letter dated April 28, 2026 from the Itemizing {Qualifications} Division of The Nasdaq Inventory Market LLC (“Nasdaq”) notifying the Firm that since its listed securities didn’t have a closing bid worth of at the least US$1.00 for no less than 10 consecutive enterprise days through the 180 calendar days ended April 27, 2026, the Firm has not regained compliance with Nasdaq Itemizing Rule 5550(a)(2), which requires listed securities to keep up a minimal bid worth of US$1.00 per share.
The Firm is just not eligible for a second 180-day interval to regain compliance with Nasdaq Itemizing Rule 5550(a)(2) as a result of the Firm doesn’t adjust to the US$5,000,000 minimal stockholders’ fairness preliminary itemizing requirement for the Nasdaq Capital Market, and has acquired a letter from Nasdaq on March 26, 2026 indicating that, based mostly upon the Firm’s market worth of listed securities for the 34 consecutive enterprise day interval from February 5, 2026 by means of March 20, 2026, the Firm didn’t keep the minimal market worth of listed securities of US$35,000,000 required for continued itemizing on the Nasdaq Capital Market pursuant to Nasdaq Itemizing Rule 5550(b)(2). The Firm is afforded a interval till September 22, 2026, through which to regain compliance with Nasdaq Itemizing Rule 5550(b)(2).
Accordingly, until the Firm requests an enchantment of Nasdaq’s dedication to a Hearings Panel by Might 5, 2026, the Firm’s securities can be scheduled for delisting from the Nasdaq Capital Market and can be suspended on the opening of enterprise on Might 7, 2026, and a Kind 25-NSE can be filed with the Securities and Change Fee, which is able to take away the Firm’s securities from itemizing and registration on the Nasdaq Capital Market.
The Firm intends to well timed request a listening to earlier than the Hearings Panel to current its plan for regaining compliance with Nasdaq Itemizing Rule 5550(a)(2) and request continued itemizing pending its return to compliance. A listening to request will keep the suspension of the Firm’s securities and the submitting of the Kind 25-NSE pending the Hearings Panel’s resolution.
In reference to its plan to regain compliance, on April 7, 2026, the Firm introduced its plan to vary the ratio of its ADS to Class B strange shares from the earlier ratio of 1 (1) ADS to eight (8) Class B strange shares to a brand new ratio of 1 (1) ADS to 200 and forty (240) Class B strange shares. Efficient April 24, 2026, the Firm effected a 1-for-30 reverse share cut up.
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About Trident
Trident is a number one catalyst for digital transformation in digital optimization, know-how companies, and Internet 3.0 activation worldwide, based mostly in Singapore. The Firm presents industrial and technological digital options designed to optimize its purchasers’ expertise with their end-users by selling digital adoption and self-service.
Tridentity, the Firm’s flagship product, is an progressive and extremely safe blockchain-based id resolution designed to offer safe single sign-on authentication capabilities to built-in third-party techniques throughout varied industries. Tridentity goals to supply unparalleled security measures, guaranteeing the safety of delicate info and stopping potential threats, thus promising a brand new safe period within the world digital panorama basically, and in South Asia and so on.
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Past Tridentity, the Firm’s mission is to change into the worldwide chief in Internet 3.0 activation, notably connecting companies to a dependable and safe technological platform, with tailor-made and optimized buyer experiences, with a robust concentrate on Africa and different excessive development markets. For extra info, go to: https://tridentity.me/
Secure Harbor Assertion
This announcement comprises statements that will represent “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Personal Securities Litigation Reform Act of 1995. These forward-looking statements will be recognized by terminology corresponding to “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and related statements. The Firm can also make written or oral forward-looking statements in its periodic stories to the U.S. Securities and Change Fee (the “SEC”), in its annual report back to shareholders, in bulletins and different written supplies, and in oral statements made by its officers, administrators, or workers to 3rd events. Statements that aren’t historic information, together with statements in regards to the Firm’s beliefs, plans, and expectations, are forward-looking statements. Ahead-looking statements contain inherent dangers and uncertainties. A variety of elements might additionally trigger precise outcomes to vary materially from these contained in any forward-looking assertion, together with however not restricted to the next: potential adversarial reactions or adjustments to enterprise relationships; adversarial adjustments basically financial or market circumstances; and actions by third events, together with authorities businesses; the Firm’s methods, future enterprise growth, and monetary situation and outcomes of operations; the anticipated development of the digital options market; the political, financial, social and authorized developments within the jurisdictions that the Firm operates in or through which the Firm intends to develop its enterprise and operations; the Firm’s capability to keep up and improve its model. Additional info concerning these and different dangers is included within the Firm’s filings with the SEC. All info offered on this announcement is as of the date of this announcement, and the Firm doesn’t undertake any obligation to replace any forward-looking assertion, besides as required below relevant legislation.
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