Trident Digital Tech Holdings Ltd Stock Price, News & Analysis

Trident Digital Tech Holdings (NASDAQ: TDTH) has received two notification letters from Nasdaq regarding listing compliance issues. The first notification, dated May 13, 2025, indicates that TDTH's share price has been below $1.00 for 32 consecutive business days, violating the minimum bid price requirement. The second notification concerns the company's market value of listed securities (MVLS) falling below the required $35 million threshold.

For both issues, TDTH has until November 10, 2025, to regain compliance. The company must maintain a closing bid price of at least $1.00 for 10 consecutive business days and an MVLS exceeding $35 million for 10 consecutive business days. If unsuccessful, TDTH may be eligible for an additional 180-day grace period for the bid price requirement, while failing to meet MVLS requirements could result in delisting proceedings.

Trident Digital Tech Holdings, a Singapore-based leader in digital transformation and Web 3.0 activation services, has announced the filing of its annual report (Form 20-F) for the fiscal year ended December 31, 2024.

Key Points:

• The report was filed with the Securities and Exchange Commission on April 28, 2025
• Filing covers the complete 2024 fiscal year performance
• The company trades on NASDAQ under the symbol TDTH
• Investors can access the full annual report through the company's investor relations website at https://investors.tridentity.me

This filing represents Trident's commitment to regulatory compliance and transparency in its financial reporting as a publicly traded company on the NASDAQ exchange.

Trident Digital Tech Holdings (NASDAQ: TDTH) has advanced its public-private partnership with the Democratic Republic of Congo (DRC) for implementing a nationwide digital identity system. The validation phase was initiated on March 15th, 2025, by DRC Minister Augustin Kibassa Maliba in Kinshasa.

The project aims to deliver several key impacts:

• Creation of 30,000+ direct and indirect jobs in digital technology
• 40% increase in financial inclusion
• 50% reduction in administrative delays

The system will utilize Web 3.0 blockchain, artificial intelligence, biometrics, and zero-knowledge proofs technologies. The government's commitment includes implementing the technology across public and private services, launching nationwide training programs, developing sovereign cloud systems, and supporting local digital innovation.

Trident Digital Tech Holdings (NASDAQ: TDTH) has announced a $1,000,000 share repurchase program authorized by its board of directors. The program will allow the company to repurchase its Class B ordinary shares in the form of American depositary shares over a 12-month period starting April 27, 2025.

The repurchases will be conducted on the open market at prevailing prices, through open-market transactions or block trades, subject to Securities Exchange Act rules and the company's insider trading policy. The program does not obligate Trident to acquire a specific number of shares, and the board will periodically review and may adjust its terms. The company plans to use existing funds to finance the buyback, aiming to generate greater long-term shareholder value.

Trident Digital Tech Holdings (NASDAQ: TDTH) has announced a strategic collaboration agreement with two e-commerce companies: Silkoo Dutyfree and Haitu Trade Co. The partnership aims to combine their strengths in several key areas including data analytics, strategic planning, supply chain optimization, platform integration, and customer experience enhancement.

Trident will contribute its Web 3.0-based digital identity platform, Tridentity, which provides secure authentication across its ecosystem of services (Tri-food, Tri-events, Tri-Buy, and TriVerse). Silkoo brings e-commerce expertise with presence in five Southeast Asian countries and TikTok Global Shop merchant status. Haitu contributes specialized knowledge in cosmetics and beauty product distribution, leveraging its presence on Pinduoduo.

The collaboration focuses on driving mutual growth through consumer data synergies, coordinated market strategies, optimized logistics networks in Southeast Asia, expanded inter-platform ecosystems, and enhanced customer experiences.

Trident Digital Tech Holdings (NASDAQ: TDTH) has signed an implementation agreement with the Democratic Republic of the Congo's (DRC) Ministry of Posts, Telecommunications, and Digital Technology to deploy a national digital identity system. The agreement marks the transition from strategic planning to contractual execution, focusing on developing an integrated digital identity verification and authentication platform.

The system will feature robust data protection measures aligned with international standards, aiming to revolutionize citizen-government interactions and enhance government service delivery efficiency. The implementation will establish new standards for digital governance in Africa while creating a replicable model for developing nations.

According to Soon Huat Lim, Trident's CEO, the system will serve as the cornerstone of DRC's digital transformation, ensuring secure access to government services through verified digital identities. The DRC's Minister of Posts, Telecommunications, and Digital Technology emphasized that this initiative will create new opportunities for economic growth and social inclusion.

Trident Digital Tech Holdings (NASDAQ: TDTH) has signed a collaboration agreement with the Democratic Republic of Congo (DRC) to develop and implement a national e-Government system. The agreement, signed through the DRC's National Intelligence Agency, aims to digitize the government's administrative framework using blockchain technology.

The planned platform will manage digital identities and data of Congolese citizens, providing secure access to various government services including business registration, land registries, immigration services, civil registry, and digital payment functions. Each service will be customized to meet DRC's specific needs.

The agreement establishes a framework for both parties to enter into a definitive agreement for the platform's development and implementation.

Trident Digital Tech Holdings (NASDAQ: TDTH) reported its H1 2024 unaudited financial results, showing total revenues of US$378,839, a 21.3% decrease from H1 2023's US$481,165. The company's net loss widened to US$1,927,027 from US$1,861,412 in the previous year. The decline in revenue was attributed to the company's strategic shift towards prioritizing Tridentity, their Web 3.0 e-commerce platform launched in December 2023. The company completed its IPO in September 2024, offering 1,800,000 ADSs at US$5.00 per ADS. Gross profit margin decreased significantly from 19.0% to 4.9% year-over-year.

Trident Digital Tech Holdings (Nasdaq: TDTH), a leading digital transformation enabler for SMEs in Singapore's e-commerce and digital optimization services market, celebrated its successful U.S. listing by ringing the Nasdaq Opening Bell. The company's shares have been trading under the ticker 'TDTH' since September 10, 2024. William Lim, Trident's Founder, Chairman, and CEO, led the ceremony and emphasized that the U.S. listing validates their commitment to driving digital transformation among Singapore's SMEs while positioning the company for platform development and business expansion.