Trident Digital Tech Holdings (Nasdaq: TDTH) Positions for Next Phase of Global Expansion Through Direct Nasdaq Ordinary Share Listing and Strategic Capital Realignment
Trident Digital Tech Holdings plans to transition from an American Depositary Share structure to the direct Nasdaq trading of its Class B ordinary shares. This move requires a mandatory 240-for-1 consolidation of ordinary shares to prevent an artificial expansion of the trading share count that would have resulted from the ADS exchange.
Key figures
- Reverse split ratio
- 240-for-1
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