Trident Announces Completion of $2.6 Million PIPE Financing to Support Expansion and Development of DRC pass in Africa, Chaince Securities LLC acted as the Exclusive Placement Agent
Trident Digital Tech Holdings Ltd - American Depository Shares (TDTH)
Company Research
Source: GlobeNewswire
SINGAPORE, Sept. 16, 2025 (GLOBE NEWSWIRE) -- Trident Digital Tech Holdings Ltd. (“Trident” or the “Company,” NASDAQ: TDTH), a Singapore-based catalyst for digital transformation and Web 3.0 activation, today announced the successful completion of an approximately $2.6 million ("Gross Proceeds") Private Investment in Public Equity (PIPE) financing, before deducting offering expenses payable by the Company. The proceeds will be primarily used to support the expansion and commercialization of DRC pass in Democratic Republic of Congo. Chaince Securities LLC acted as the exclusive Placement Agent for this transaction. As a subsidiary of Nasdaq-listed Mercurity Fintech Holding Inc., Chaince Securities brings extensive expertise in bridging digital assets with U.S. capital markets. Trident highlighted that demand for secure, efficient, and inclusive financial solutions continues to grow across Africa. By leveraging the speed and scalability of Tridentity technology, the Company aims to
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News
- Chaince Securities Serves as Exclusive Placement Agent for Trident Digital Tech Holdings’ (Nasdaq: TDTH) Private Offering of Up to US$10 Million to Power Web3 Platform ExpansionGlobeNewswire
- Nasdaq notification regarding minimum bid price requirementGlobeNewswire
- Trident Digital Tech (NASDAQ:TDTH) had its "sell (d-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Trident Digital Tech (NASDAQ:TDTH) was downgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=TDTH&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall StMarketBeat
- Trident Reports First Half 2025 Unaudited Financial Results [Yahoo! Finance]Yahoo! Finance
TDTH
Sec Filings
- 11/20/25 - Form 6-K
- 10/31/25 - Form 6-K
- 10/3/25 - Form F-1
- TDTH's page on the SEC website