Trident Announces Termination of Deposit Agreement, Concurrent Changes to Share Capital and Direct Listing of Ordinary Shares

SINGAPORE, June 16, 2026 (GLOBE NEWSWIRE) — Trident Digital Tech Holdings Ltd (“Trident” or the “Firm,” NASDAQ: TDTH), a number one catalyst for digital transformation in know-how optimization companies and Net 3.0 activation primarily based in Singapore, immediately introduced its plan to terminate the amended and restated Deposit Settlement dated September 11, 2024, as amended, by and among the many Firm, Citibank, N.A. (the “Depositary”), and the holders of American depositary shares (the “ADSs”) now and again (the “Deposit Settlement”), efficient July 16, 2026 (the “Termination”).

In reference to the Termination, the Firm will maintain a unprecedented basic assembly of shareholders on July 8, 2026 at which its shareholders will vote on a redesignation of the Firm’s share capital, a rise to the Firm’s licensed share capital, in addition to a 240-for-1 share consolidation of its strange shares, such that each 200 and forty (240) current strange shares of par worth of US$0.00001 every will likely be consolidated into one (1) strange share of par worth of US$0.0024 every (the “Share Consolidation”), to take impact instantly following the completion of the necessary alternate of all excellent ADSs of the Firm for the underlying Class B strange shares of the Firm pursuant to the termination of the Deposit Settlement.

The Depositary of the Firm’s American depositary receipts (the “ADRs”) will distribute to all holders and useful homeowners of the Firm’s ADRs a notification relating to the termination of the ADR facility for the Firm’s ADSs pursuant to the Deposit Settlement. The efficient date of the termination of the Deposit Settlement will likely be July 16, 2026 (the “Efficient Date”). On the Efficient Date (with the Share Consolidation being efficient), holders of ADSs may have their ADSs robotically cancelled and will likely be entitled to obtain the corresponding underlying Class B strange shares, par worth US$0.0024 per share, at a charge of 1 (1) Class B strange share for every ADS cancelled (the “Necessary Change”).

Following the Necessary Change, the Class B strange shares are anticipated to commerce immediately on the Nasdaq Capital Market below the present buying and selling image “TDTH”.

About Trident Digital Tech Holdings Ltd.

Trident Digital Tech Holdings Ltd. (Nasdaq: TDTH) is a Singapore-headquartered digital infrastructure holding firm centered on constructing and working sovereign-scale know-how platforms throughout rising markets. The Firm’s technique facilities on coming into high-growth economies via trusted digital id infrastructure and increasing throughout adjoining authorities know-how, digital commerce, cybersecurity, AI, and transaction-driven service verticals.

TDTH’s energetic initiatives embody nationwide digital id infrastructure mandates, MSME digital tax formalization platforms, nationwide digital commerce ecosystems, and enterprise cybersecurity deployments spanning Africa and the Asia-Pacific area. By strategic partnerships, joint ventures, acquisitions, and technology-driven platform deployment, TDTH goals to ascertain scalable long-term digital infrastructure ecosystems serving each private and non-private sector markets.

With energetic operations and strategic initiatives within the Democratic Republic of Congo, Ghana, and Asia-Pacific markets, TDTH is positioning itself to capitalize on one of many largest world alternatives in digital transformation infrastructure.

Web site: https://tridentity.me

Ahead-Trying Statements

This announcement comprises statements that will represent “forward-looking” statements pursuant to the “protected harbor” provisions of the U.S. Personal Securities Litigation Reform Act of 1995. These forward-looking statements might be recognized by terminology reminiscent of “will,” “expects,” “anticipates,” “goals,” “targets,” “tasks,” “future,” “intends,” “plans,” “believes,” “estimates,” “more likely to,” “potential,” “proceed,” and related statements. The Firm may make written or oral forward-looking statements in its periodic reviews 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 details, together with statements in regards to the Firm’s beliefs, plans and expectations, are forward-looking statements. This announcement comprises forward-looking statements relating to the Firm’s strategic initiatives, growth plans, projected market alternatives, anticipated platform adoption, onboarding targets, projected income alternatives, operational deployment expectations, platform scalability, monetization alternatives, AI integration alternatives, strategic partnerships, potential acquisitions, regulatory developments, authorities contracting processes, and future enterprise efficiency.

Ahead-looking statements contain inherent dangers and uncertainties, a lot of that are past the Firm’s management. Various elements may trigger precise outcomes to vary materially from these contained in any forward-looking assertion, together with however not restricted to the next: materialization and implementation of the Firm’s strategic initiatives; potential opposed reactions or adjustments to enterprise relationships; opposed adjustments usually financial or market circumstances; any actions by third events together with authorities businesses; the anticipated development of the digital options market; cybersecurity dangers; the geopolitical, 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 relating to 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 regulation.

PR & Media Contact:
Phoenix MGMT & Consulting
Press@PhoenixMGMTConsulting.com
888-228-0122

Investor Relations Inquiries:
Skyline Company Communications Group, LLC
Scott Powell, President
1177 Avenue of the Americas, fifth Ground
New York, New York 10036
Workplace: (646) 893-5835
E-mail: investor@tridentity.me