Trident Digital Tech Holdings Ltd
Sector: Services-Business Services, NECIndustry: Information Technology ServicesCountry: SGExchange: Nasdaq
DilutionScan read 34 of Trident Digital Tech Holdings Ltd's SEC filings and found 3 convertibles, 1 shelf registration, 2 S-1 registrations and 5 completed offerings on file for TDTH. The latest dilution event on file is an offering on Sep 29, 2026. Analysis updated Oct 13, 2026.
Signal8 Summary
TDTH
Exhausted cash and extreme reverse split
Snapshot
Trident Digital Tech is a micro-cap technology firm in severe financial distress. FY 2025 revenue collapsed to $123K, down 73.5% from the prior year, while the company posted a net loss of $17.4M. The business burned $9.8M in free cash flow against only $150K in cash, leaving a negative cash runway. The balance sheet carries $8.3M in debt, which the CEO is now converting into equity to avoid insolvency.
What's Happening Right Now
- : Founder and CEO Soon Huat Lim will convert $8 million of personal debt into restricted Class B equity to strengthen the balance sheet ahead of a direct Nasdaq listing.
- : Trident activated the RDC-PASS digital identity ecosystem in the Democratic Republic of Congo under a 20-year public-private partnership estimated at $97.1 million.
- : The company plans a 240-for-1 share consolidation and termination of its ADS program to transition to direct ordinary-share trading on Nasdaq.
- : The company signed a binding letter of intent with Digital Innovations Group to deploy the IRMA AI Engine across Asia-Pacific markets.
- : Nasdaq confirmed TDTH regained compliance with minimum bid price requirements, canceling a scheduled delisting hearing.
