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Nasdaq warns Trident Digital Tech (NASDAQ: TDTH) on minimum value rule

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

Rhea-AI Filing Summary

Trident Digital Tech Holdings Ltd has received a Nasdaq notice that it no longer meets the required minimum market value of listed securities of US$35,000,000 for continued listing on the Nasdaq Capital Market. This deficiency was based on a 34‑business‑day period from February 5, 2026 through March 20, 2026.

The company has 180 calendar days, until September 22, 2026, to regain compliance by having its market value at or above US$35,000,000 for at least ten consecutive business days. If it does not regain compliance, its securities could be subject to delisting, although they continue to trade on Nasdaq under the symbol TDTH while the company works to address the issue.

Positive

  • None.

Negative

  • Nasdaq MVLS non-compliance raises delisting risk: Trident Digital Tech Holdings Ltd failed to maintain the required US$35,000,000 market value of listed securities and has only 180 days to regain compliance before potential delisting proceedings.

Insights

Nasdaq MVLS deficiency creates delisting overhang for Trident.

Trident Digital Tech Holdings Ltd has fallen below Nasdaq’s US$35,000,000 minimum market value of listed securities test, measured over 34 consecutive business days. This triggers a formal 180‑day compliance window ending on September 22, 2026 under Nasdaq Listing Rule 5810(c)(3)(C).

To regain compliance, Trident’s market value must meet or exceed US$35,000,000 for at least ten consecutive business days during that period. If it fails, Nasdaq may move to delist, with the company retaining appeal rights to a hearings panel, which introduces procedural but not fundamental relief.

For now, TDTH remains listed on the Nasdaq Capital Market while management monitors market value and evaluates options. The filing also emphasizes forward‑looking statement risks, highlighting that there is no assurance the company will regain or maintain compliance with Nasdaq’s continued listing standards.

Minimum MVLS requirement US$35,000,000 Nasdaq Listing Rule 5550(b)(2) threshold for continued listing
Measurement period length 34 business days From February 5, 2026 through March 20, 2026 used to assess MVLS
Compliance window 180 calendar days MVLS Compliance Period ending September 22, 2026
Consecutive days to regain compliance 10 business days MVLS must meet or exceed US$35,000,000 for this period
Compliance deadline September 22, 2026 End of MVLS Compliance Period under Nasdaq Listing Rule 5810(c)(3)(C)
market value of listed securities financial
"based upon the Company’s market value of listed securities (“MVLS”)"
The market value of listed securities is the total worth of stocks, bonds and other tradable instruments quoted on an exchange, measured using the prices investors are willing to pay right now. It’s calculated by multiplying each security’s current market price by the number of units outstanding and adding those amounts together, like totaling the value of every item in a store at today’s prices. Investors watch this because it shows the size, liquidity and overall health of the market or a company’s publicly traded portion, and it influences index weights, fund allocations and perceived risk.
Nasdaq Listing Rule 5550(b)(2) regulatory
"required for continued listing on the Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(b)(2)"
Nasdaq Capital Market market
"required for continued listing on the Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(b)(2)"
The Nasdaq Capital Market is a platform where smaller, emerging companies can list their shares for trading by investors. It provides these companies with access to funding and visibility, helping them grow, much like a local marketplace where new vendors can introduce their products to potential customers. For investors, it offers opportunities to discover early-stage companies with growth potential.
Nasdaq Listing Rule 5810(c)(3)(C) regulatory
"to regain compliance pursuant to Nasdaq Listing Rule 5810(c)(3)(C)"
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 1, 2026    

 

1

 

EXHIBIT INDEX

 

Exhibit No.   Description
Exhibit 99.1   Press Release

 

2

 

Exhibit 99.1

 

Nasdaq Notification Regarding Minimum Market Value of Listed Securities

 

SINGAPORE, April 1, 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, has received a notification letter, dated March 26, 2026, from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”)  indicating that, based upon the Company’s market value of listed securities (“MVLS”) for the 34 consecutive business day period from February 5, 2026 through March 20, 2026, the Company did not maintain the minimum MVLS of US$35,000,000 required for continued listing on the Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(b)(2). The Company will be afforded a period of 180 calendar days, or until September 22, 2026 (the “MVLS Compliance Period”), in which to regain compliance pursuant to Nasdaq Listing Rule 5810(c)(3)(C).

 

In order to regain compliance with Nasdaq’s minimum MVLS requirement, the minimum MVLS of the Company must meet or exceed US$35,000,000 for a minimum of ten consecutive business days during the MVLS Compliance Period. In the event the Company does not regain compliance by the end of the MVLS Compliance Period, the Company will receive written notification that its securities are subject to delisting, which the Company may appeal to a hearings panel.

 

The Company intends to continue to monitor its MVLS between now and September 22, 2026, and will consider the various options available to the Company if its listed securities do not trade at a level that is likely to regain compliance. There can be no assurance that the Company will be able to regain compliance with the MVLS requirement or maintain compliance with any of the other Nasdaq Capital Market continued listing requirements.

 

The foregoing letter has no immediate effect on the listing of the Company’s securities, which will continue to be listed and traded on Nasdaq under the symbol “TDTH”, subject to the Company’s compliance with the other continued listing requirements of the Nasdaq Capital Market.

 

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 did Trident Digital Tech Holdings Ltd (TDTH) disclose in its latest 6-K?

Trident disclosed that Nasdaq notified the company it no longer meets the minimum market value of listed securities requirement of US$35,000,000. The notice is based on a 34‑business‑day period ending March 20, 2026, and starts a 180‑day compliance window.

Why is Nasdaq’s minimum market value rule important for TDTH?

Nasdaq Listing Rule 5550(b)(2) requires Trident to maintain at least US$35,000,000 in market value of listed securities. Falling below this threshold over the specified measurement period triggers a deficiency notice and could eventually lead to delisting from the Nasdaq Capital Market if not corrected.

How long does Trident Digital Tech have to regain Nasdaq compliance?

Trident has 180 calendar days, until September 22, 2026, to regain compliance. During this MVLS Compliance Period, its market value of listed securities must reach or exceed US$35,000,000 for at least ten consecutive business days to satisfy Nasdaq’s requirement.

What happens if TDTH fails to meet Nasdaq’s MVLS requirement by September 22, 2026?

If Trident does not regain compliance by September 22, 2026, Nasdaq may issue a written notice that its securities are subject to delisting. The company would then have the right to appeal this decision to a Nasdaq hearings panel, seeking continued listing.

Is Trident Digital Tech’s stock still trading on Nasdaq after the deficiency notice?

Yes. The notice has no immediate effect on trading. Trident’s securities continue to be listed and traded on the Nasdaq Capital Market under the symbol TDTH while the company monitors its market value and considers available options during the compliance period.

What strategy did Trident indicate regarding regaining Nasdaq MVLS compliance?

Trident stated it intends to continue monitoring its market value of listed securities through September 22, 2026 and will consider various options if trading levels do not support regaining compliance. However, it cautioned there can be no assurance it will succeed in meeting Nasdaq’s requirements.

Filing Exhibits & Attachments

1 document