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Reverse ADS split at Trident Digital Tech (NASDAQ: TDTH)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Trident Digital Tech Holdings Ltd plans to change the ratio of its American depositary shares (ADSs) to Class B ordinary shares from one ADS representing eight shares to one ADS representing 240 shares. For ADS holders, this functions as a one-for-thirty reverse ADS split.

The company expects the ADS ratio change to take effect on or about April 24, 2026. On that date, every thirty existing ADSs will be automatically exchanged for one new ADS through the depositary, with no action required by holders in DRS or DTC. Fractional ADS entitlements will be aggregated, sold by the depositary, and net cash proceeds distributed to the relevant holders.

Trident’s ADSs will continue trading on the Nasdaq Capital Market under the symbol TDTH. The ratio change will not affect the number of underlying Class B ordinary shares, and no Class B ordinary shares will be issued or cancelled in connection with this adjustment.

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Insights

Trident restructures its ADS ratio in a one-for-thirty reverse split equivalent without changing underlying shares.

Trident Digital Tech is changing each ADS from representing eight Class B ordinary shares to 240 shares, which is economically similar to a one-for-thirty reverse ADS split for holders. This consolidates ADSs but leaves the underlying ordinary share capital structure unchanged.

The company states that ADSs in DRS and DTC accounts will be automatically exchanged on or about April 24, 2026, with thirty existing ADSs converted into one new ADS. Fractional ADS positions will not be issued; instead, the depositary will aggregate fractional entitlements, sell them, and remit net cash proceeds.

The ADSs will continue trading on Nasdaq under the symbol TDTH, and no Class B ordinary shares will be issued or cancelled as part of the change. The filing does not describe pricing effects or listing rationales, so the practical impact for investors will be limited to how the new ADS structure trades after the effective date.

Current ADS ratio 1 ADS : 8 Class B shares Existing ADS structure before announced change
New ADS ratio 1 ADS : 240 Class B shares Planned ADS structure after change
Reverse ADS split equivalent 1-for-30 Effect on ADS count for holders
Effective date target April 24, 2026 Anticipated effective date of ADS ratio change
Exchange ratio on effective date 30 existing ADSs for 1 new ADS Automatic conversion mechanics
American depositary shares financial
"plans to change the ratio of its American depositary shares (“ADSs”)"
American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.
ADS Ratio financial
"the ADS Ratio of one (1) ADS to eight (8) Class B ordinary shares"
The ads ratio measures the proportion of a company's revenue that comes from advertising activities compared to other sources. It helps investors understand how much of a company's income depends on advertising efforts, similar to how a restaurant's income might rely heavily on dine-in sales versus takeout. A higher ads ratio indicates a greater dependence on advertising-related revenue, which can signal potential risks or opportunities depending on market trends.
Direct Registration System financial
"holders of ADSs in the Direct Registration System (“DRS”) and in The Depository Trust Company"
A direct registration system allows investors to register their ownership of securities directly with the issuing company or its transfer agent, rather than holding shares through a broker or intermediary. This setup gives investors more control over their holdings and simplifies the process of buying or selling shares. It is important because it can reduce costs, increase transparency, and provide a clearer record of ownership.
The Depository Trust Company financial
"holders of ADSs in the Direct Registration System (“DRS”) and in The Depository Trust Company (“DTC”)"
The Depository Trust Company is a large organization that safely manages and keeps electronic records of ownership for stocks, bonds, and other securities. It acts like a digital warehouse, making it easier and faster for investors to buy, sell, and transfer investments without needing physical paper certificates. This helps ensure transactions are secure, accurate, and completed smoothly.
forward-looking statements regulatory
"This announcement contains statements that may constitute “forward-looking” statements"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR
15d-16 UNDER THE

SECURITIES EXCHANGE ACT OF 1934

 

For the month of April 2026

Commission File Number: 001-41848

 

Trident Digital Tech Holdings Ltd

(Exact name of registrant as specified in its charter)

 

Suntec Tower 3,

8 Temasek Boulevard Road, #24-03

Singapore, 038988

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F             Form 40-F 

 

 

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Trident Digital Tech Holdings Ltd
     
  By: /s/ Soon Huat Lim
  Name:  Soon Huat Lim
  Title: Chairman and Chief Executive Officer
     
Date: April 7, 2026    

 

1

 

 

EXHIBIT INDEX

 

Exhibit No.   Description
Exhibit 99.1   Trident Announces Plan to Implement ADS Ratio Change

 

2

 

Exhibit 99.1

 

Trident Announces Plan to Implement ADS Ratio Change

 

SINGAPORE, April 7, 2026 (GLOBE NEWSWIRE) -- 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.

 

About Trident

 

Trident is a leading catalyst for digital transformation in digital optimization, technology services, and Web 3.0 activation worldwide, based in Singapore. The Company offers commercial and technological digital solutions designed to optimize its clients’ 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 various industries. Tridentity aims to offer unparalleled security features, ensuring the protection of sensitive information and preventing potential threats, thus promising a new secure era in the global digital landscape in general, and in South Asia etc.

 

Beyond Tridentity, the Company’s mission is to become the global leader in Web 3.0 activation, notably connecting businesses to a reliable and secure technological platform, with tailored and optimized customer experiences, with a strong focus on Africa and other high growth 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,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” 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 shareholders, in announcements and other written materials, and in oral statements made by 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: potential adverse reactions or changes to business relationships; adverse changes in general economic or market conditions; and actions by 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 that the Company operates in or in which the Company intends to expand its business and operations; the Company’s ability to maintain and enhance its brand. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this announcement is as of the date of this announcement, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

 

Investor Relations Inquiries:

 

Skyline Corporate Communications Group, LLC

Scott Powell, President

1177 Avenue of the Americas, 5th Floor

New York, New York 10036

Office: (646) 893-5835

Email: investor@tridentity.me

 

FAQ

What ADS ratio change did Trident Digital Tech (TDTH) announce?

Trident plans to change its ADS ratio so that each ADS will represent 240 Class B ordinary shares instead of eight. For ADS holders, this operates like a one-for-thirty reverse ADS split, consolidating their ADS positions without altering the underlying ordinary shares.

When will Trident Digital Tech’s new ADS ratio take effect?

The company anticipates the ADS ratio change will be effective on or about April 24, 2026. On that date, existing ADSs in DRS and DTC accounts will be automatically exchanged, with no action required from holders, based on the one-for-thirty reverse ADS split equivalent.

How will Trident Digital Tech handle fractional ADSs after the ratio change?

No fractional new ADSs will be issued. Instead, the depositary will aggregate fractional ADS entitlements, sell those aggregated ADSs, and distribute the net cash proceeds, after deducting fees, taxes, and expenses, to the applicable ADS holders affected by the ratio adjustment.

Will Trident Digital Tech’s ADSs keep trading on Nasdaq after the change?

Yes. The company states its ADSs will continue to trade on the Nasdaq Capital Market under the symbol TDTH. Only the ADS-to-Class B ordinary share ratio is changing; the listing venue and ticker symbol remain the same following the effective ADS ratio change.

Does Trident’s ADS ratio change affect its Class B ordinary shares?

The company explains that the ADS ratio change will have no impact on its underlying Class B ordinary shares. No Class B ordinary shares will be issued or cancelled, so the adjustment only affects how many shares each ADS represents, not the ordinary share count.

Do Trident Digital Tech ADS holders need to take any action?

Holders of ADSs in the Direct Registration System and The Depository Trust Company do not need to act. Their ADSs will be exchanged automatically on or about April 24, 2026, into new ADSs based on the one-for-thirty reverse ADS split equivalent described by the company.

Filing Exhibits & Attachments

1 document