Trident digital tech holdings announces pricing of initial public offering

Singapore, sept. 09, 2024 (globe newswire) -- trident digital tech holdings ltd. (“trident” or the “company”), a leading digital transformation enabler in the small and medium enterprise, or the sme segment of the e-commerce enablement and digital optimization services market in singapore, today announced the pricing of its initial public offering (the “offering”) of 1,800,000 american depositary shares (“adss”), each one ads representing eight class b ordinary shares of the company, at a price to the public of us$5.00 per ads for a total offering size of approximately us $9,000,000, assuming the underwriters do not exercise their option to purchase additional adss. the adss are expected to begin trading on the nasdaq capital market on september 10,2024, under the symbol “tdth.” the closing of the offering is expected to occur on september 11,2024, subject to the satisfaction of customary closing conditions.
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