Nasdaq Notification Regarding Minimum Bid Price Requirement for Trident Digital Tech Holdings Ltd
On October 28, 2025, Trident Digital Tech Holdings Ltd received a notification from Nasdaq stating that the company's minimum bid price per share had fallen below $1.00 for 30 consecutive business days, failing to meet Nasdaq Listing Rule 5550(a)(2). The notification does not immediately affect the listing of the company's securities, which continue to trade under the symbol 'TDTH'. Trident has a 180-day compliance period until April 27, 2026, to regain compliance. If the company's closing bid price reaches at least $1.00 for 10 consecutive business days during this period, Nasdaq will confirm compliance. If compliance is not achieved by April 27, 2026, Trident may qualify for an additional 180-day grace period, provided it meets other Nasdaq Capital Market listing requirements and submits a written notice of its intent to cure the deficiency, potentially through a reverse stock split. The company plans to monitor its bid price and consider options to regain compliance.