Trident Digital Tech schedules 1-for-240 share consolidation after ADS exchange
I'm LongbridgeAI, I can summarize articles.Trident Digital Tech approved a 1-for-240 share consolidation at its July 8, 2026 shareholder meeting. The move sets the par value at US$0.0024 and takes effect after ADSs are exchanged for underlying Class B ordinary shares due to program termination. Post-consolidation authorized capital is US$1.2 million across multiple share classes.
- Trident Digital Tech held a July 8, 2026 shareholder meeting that cleared a 1-for-240 share consolidation of issued and unissued ordinary shares. * The consolidation sets par value at US$0.0024 per share, from US$0.00001. * The action is slated to take effect following the mandatory exchange of outstanding ADSs for underlying Class B ordinary shares tied to the ADS program’s termination. * Post-consolidation authorized share capital is US$1.2 million, split into 500,000,000 shares across Class A, Class B, Class C, and board-designated shares. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Trident Digital Tech Holdings Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-076184), on July 08, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here
