Trident Digital Tech Debuts on Nasdaq; ADSs Down 10%
Trident Digital Tech Holdings (TDTH) American depositary shares debuted on Nasdaq on Tuesday and opened at $4.50, below the company's initial public offering price of $5 per ADS.
The IPO of 1.8 million Trident Digital Tech ADSs is expected to raise about $9 million and close on Sept. 11.
Trident Digital was down about 10% in recent trading.
Price: 4.25, Change: -0.75, Percent Change: -15.00