Trident to Implement One-for-30 Reverse ADS Split on April 24, 2026
Trident Digital Tech will implement a one-for-thirty reverse ADS split by changing its ADS-to-Class B share ratio from 1:8 to 1:240, effective around April 24, 2026. Fractional entitlements will be sold and net cash proceeds distributed to holders; trading will continue under the symbol TDTH.
1. ADS Ratio Change Details
Trident has announced a change in its ADS Ratio from one ADS per eight Class B ordinary shares to one ADS per 240 Class B ordinary shares, equivalent to a one-for-thirty reverse ADS split, expected to be effective on or about April 24, 2026.
2. Impact on ADS Holders
On the Effective Date, every 30 existing ADSs will be automatically cancelled and exchanged for one new ADS, with no action required by holders; fractional entitlements will be aggregated, sold by the depositary bank, and net cash proceeds distributed to ADS holders after deduction of fees and expenses.
3. Trading and Underlying Shares
Following the ADS Ratio Change, ADSs will continue trading on the Nasdaq Capital Market under the symbol TDTH, with no issuance or cancellation of Class B ordinary shares and no change to the Company’s underlying share count.