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Trident Digital Tech Holdings To Change ADS Ratio From 1:8 To 1:240 For Its Class B Shares Effective On April 24, 2026

Benzinga·04/07/2026 21:03:51
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Trident Digital Tech Holdings Ltd (("Trident" or the "Company, NASDAQ:TDTH), a leading catalyst for digital transformation in technology optimization services and Web 3.0 activation based in Singapore, today announced that it plans to change the ratio of its American depositary shares ("ADSs") to its Class B ordinary shares (the "ADS Ratio"), par value US$0.00001 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 anticipates that the ADS Ratio Change will be 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 exchanged and need not take any action. The exchange of every thirty (30) then-held (existing) ADSs for one (1) new ADS will occur automatically, on the Effective Date, with the then-held ADSs being cancelled and new ADSs being issued by the depositary bank.

No fractional new ADSs will be issued in connection with the ADS Ratio Change. Instead, fractional entitlements to new ADSs will be aggregated and sold by the depositary bank and the net cash proceeds from the sale of the fractional ADS entitlements (after deduction of fees, taxes and expenses) will be distributed to the applicable ADS holders by the depositary bank.

The Company's ADSs will continue to be traded on the Nasdaq Capital Market under the symbol "TDTH." The ADS Ratio Change will have no impact on the Company's underlying Class B ordinary shares, and no Class B ordinary shares will be issued or cancelled in connection with the ADS Ratio Change.

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