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0 0 0.0134770889487871 0.064690026954178 0.0512129380053909 0.0242587601078168 0.0573584905660378 0.0298921832884097
Stock impact report

Trident Digital Tech Holdings Announces Closing of Initial Public Offering

Trident Digital Tech Holdings Ltd - American Depository Shares (TDTH) 
Company Research Source: GlobeNewswire
SINGAPORE, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Trident Digital Tech Holdings Ltd. (Nasdaq: TDTH) (“Trident” or the “Company”), a leading digital transformation enabler in the small and medium enterprise, or the SME segment of the e-commerce enablement and digital optimization services market in Singapore, today announced that its previously announced initial public offering (the “Offering”) of 1,800,000 American Depositary Shares (“ADSs”) at a price to the public of US$5.00 per ADS closed on September 11, 2024. Each ADS represents eight Class B Ordinary Shares of the Company. Trident’s ADSs began trading on the Nasdaq Capital Market on September 10, 2024, under the symbol “TDTH.” The Company raised a total of approximately US$9.0 million in gross proceeds from the Offering, before deducting underwriting discounts and commissions as well as other estimated offering expenses. In addition, the Company has granted the underwriters an option, exercisable within 45 days from the date of Show less Read more
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