Trident Digital Tech prices 20,000,000-share private placement at US$0.40, raises US$8 million
TDTH•Private placement closes at US$0.40 per share
Trident Digital Tech Holdings closed a US$8 million private placement of 20,000,000 unregistered Class B ordinary shares.
The shares were sold at US$0.40 each under a Sept. 8, 2026 securities purchase agreement; proceeds included purchases made in USDT and USDC.
Proceeds earmarked for reserves and operations
Net proceeds are earmarked for a digital assets reserve, working capital and general corporate purposes, with a focus on digital infrastructure, enterprise AI and govtech.
Class B shares outstanding rose to 28,542,617 from 8,542,617 following the issuance.
