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Trident Digital Tech (NASDAQ: TDTH) sets 1-for-30 reverse ADS split via ratio change

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

Rhea-AI Filing Summary

Trident Digital Tech Holdings Ltd is changing the ratio of its American depositary shares (ADSs) to Class B ordinary shares. On April 24, 2026, the ADS ratio will move from one ADS representing eight Class B shares to one ADS representing 240 Class B shares, effectively a one-for-thirty reverse ADS split. Existing ADSs in DRS and DTC will be automatically exchanged, with every thirty then-held ADSs consolidated into one new ADS. No fractional ADSs will be issued; instead, fractional entitlements will be aggregated, sold by the depositary bank, and net cash proceeds distributed to holders. The ADSs will continue trading on Nasdaq under the symbol TDTH, and the change does not alter the number of underlying Class B ordinary shares.

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Insights

Trident consolidates ADSs via 1-for-30 reverse ADS split without changing underlying shares.

Trident Digital Tech Holdings Ltd is adjusting its ADS ratio from one ADS for eight Class B ordinary shares to one ADS for 240 Class B ordinary shares on April 24, 2026. This functions as a one-for-thirty reverse ADS split for ADS holders.

The change leaves the underlying Class B ordinary shares untouched, so the company’s total ordinary share count remains the same. ADS holders’ positions become more concentrated into fewer ADSs, while aggregate economic ownership of the business stays proportionally identical.

ADSs will continue trading on Nasdaq under the symbol TDTH. Fractional ADS interests will be sold by the depositary bank, with net cash proceeds distributed to affected holders after fees, taxes, and expenses, so investors receive cash in lieu of small residual positions.

Current ADS ratio 1 ADS : 8 Class B shares Before ADS Ratio Change
New ADS ratio 1 ADS : 240 Class B shares Effective April 24, 2026
Reverse ADS split equivalent 1-for-30 Effect on ADS holders
Effective date April 24, 2026 ADS Ratio Change effective date
American depositary shares financial
"change of the ratio of its American depositary shares (“ADSs”) to its Class B ordinary shares"
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
"from the current 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.
reverse ADS split financial
"the change in the ADS Ratio will have the same effect as a one-for-thirty reverse ADS split"
A reverse ADS split is a corporate action that combines multiple American Depositary Shares (ADS) into a smaller number of ADS, so each new ADS represents more underlying ordinary shares and the price per ADS rises proportionally. Think of merging several small coins into one bigger coin: your total value stays the same, but the share count and per‑share price change, which can affect trading liquidity, index inclusion, and investor perception of the stock.
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.
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.
safe harbor regulatory
"pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995"
Safe harbor is a rule that protects companies or individuals from legal trouble if they follow certain guidelines or procedures. It’s like having a safety net that allows them to act without fear of punishment, as long as they stick to the rules. This helps encourage honest behavior and clear standards in financial and legal activities.

 

 

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 21, 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 21, 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 will effectuate its previously announced change of 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”) on 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 on its Form 6-K?

Trident Digital Tech will change its ADS ratio from one ADS representing eight Class B ordinary shares to one ADS representing 240 Class B ordinary shares. This effectively works as a one-for-thirty reverse ADS split for existing ADS holders while keeping underlying ordinary shares unchanged.

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

The new ADS ratio is scheduled to take effect on April 24, 2026. On that effective date, existing ADSs in the Direct Registration System and at DTC will be automatically exchanged into new ADSs based on the one-for-thirty reverse ADS split mechanism.

How does the Trident Digital Tech ADS ratio change affect TDTH ADS holders?

Every thirty then-held ADSs will be automatically exchanged for one new ADS, consolidating positions into fewer ADSs. Holders do not need to take action for ADSs held through DRS or DTC, as the depositary bank handles cancellation of old ADSs and issuance of new ADSs directly.

Will Trident Digital Tech issue or cancel any Class B ordinary shares in this ADS change?

No. The company states the ADS ratio change has no impact on the underlying Class B ordinary shares. No Class B ordinary shares will be issued or cancelled, meaning the total number of ordinary shares remains the same, and only the ADS representation of those shares is adjusted.

What happens to fractional ADS entitlements from Trident Digital Tech’s ADS ratio change?

No fractional new ADSs will be issued. Fractional entitlements from the one-for-thirty exchange will be aggregated and sold by the depositary bank, which will distribute net cash proceeds to ADS holders after deducting applicable fees, taxes, and expenses associated with those sales.

Will Trident Digital Tech’s TDTH ADSs remain listed on Nasdaq after the ADS ratio change?

Yes. The company states its ADSs will continue to trade on the Nasdaq Capital Market under the symbol TDTH after the ratio change. Only the ADS-to-share ratio and resulting ADS count change; the trading venue and ticker symbol remain the same for investors.

Filing Exhibits & Attachments

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