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Trident Digital Tech Holdings Ltd (TDTH), listed on the NASDAQ, has officially announced a significant adjustment to its American Depositary Shares (ADS) ratio. The ratio will change from one ADS representing 8 Class B ordinary shares to one ADS representing 240 Class B ordinary shares. This technical modification, which functions similarly to a 1-for-30 reverse stock split, is expected to take effect on or about April 24, 2026. Based in Singapore, the company aims to adjust its per-share trading price through this corporate action. While the move does not alter the firm's total market capitalization, it is often utilized by issuers to ensure compliance with exchange listing requirements regarding minimum bid prices.
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