SINGAPORE, May 19, 2025 (GLOBE NEWSWIRE) - Trident Digital Tech Holdings Ltd (NASDAQ: TDTH), a company specializing in digital transformation and technology optimization services, has announced that it received a notification from Nasdaq regarding its non-compliance with the minimum bid price requirement. The notification, dated May 13, 2025, indicated that the company's share price had fallen below $1.00 for 32 consecutive business days, failing to meet the requirement outlined in Nasdaq Listing Rule 5550(a)(2). Despite this notification, there is no immediate impact on the listing of Trident's securities, which continue to trade under the symbol "TDTH." The company has been granted a compliance period of 180 calendar days, until November 10, 2025, to regain compliance. If the closing bid price of Trident's shares meets or exceeds $1.00 for at least ten consecutive business days within this period, the company will receive confirmation of compliance from Nasdaq, and the issue will be resolved.
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