Trident seeks Nasdaq hearing after delisting notice over sub-$1 bid price
Trident Digital Tech
Trident Digital Tech TDTH | 0.00 |
- Trident Digital Tech received Nasdaq notice dated April 28, 2026 for failing to regain compliance with minimum US$ 1 bid-price rule (Listing Rule 5550(a)(2)) during 180-day period ended April 27, 2026.
- Nasdaq set May 5, 2026 deadline to request hearing; without appeal, securities face delisting schedule with suspension at market open May 7, 2026.
- Ineligibility for second 180-day cure period cited non-compliance with US$ 5 million stockholders’ equity initial listing requirement for Nasdaq Capital Market.
- Separate Nasdaq deficiency letter dated March 26, 2026 flagged market value of listed securities below US$ 35 million; compliance deadline set for Sept. 22, 2026.
- Compliance plan included ADS ratio change to 1 ADS for 240 Class B shares, effective April 24, 2026 1-for-30 reverse share split.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Trident Digital Tech Holdings Ltd. published the original content used to generate this news brief on May 01, 2026, and is solely responsible for the information contained therein.
