Trident Digital Tech Holdings Ltd announced an ADS ratio change effective April 24, 2026, equivalent to a one-for-thirty reverse ADS split, with no impact on underlying Class B ordinary shares.
Key takeaways
The ADS ratio changes from 1 ADS : 8 Class B shares to 1 ADS : 240 Class B shares, effective April 24, 2026.
The adjustment has the same effect as a one-for-thirty reverse ADS split for holders.
Every 30 existing ADSs will be automatically exchanged for 1 new ADS on the Effective Date.
No fractional new ADSs will be issued; fractional entitlements will be sold with net proceeds distributed to holders.
The ADS Ratio Change has no impact on the Company's underlying Class B ordinary shares.
ADSs will continue trading on the Nasdaq Capital Market under the symbol 'TDTH'.