Trident Regains Compliance with Nasdaq Minimum Market Value of Listed Securities Requirement
SINGAPORE, Sept. 24, 2026 (GLOBE NEWSWIRE) -- Trident Digital Tech Holdings Ltd (“Trident” or the “Company”) has received a notification letter, dated September 22, 2026, from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company that the Company’s market value of listed securities (“MVLS”) has been US$35,000,000 or greater for the last 10 consecutive business days, from September 8, 2026 to September 21, 2026. Accordingly, the Company has regained compliance with Nasdaq Listing Rule 5550(b)(2) and this matter is now closed.
On March 26, 2026, the Company received a notification letter from the Listing Qualifications Department of Nasdaq, indicating that, based upon the Company’s MVLS for the 34 consecutive business day period from February 5, 2026 through March 20, 2026, the Company did not maintain the minimum MVLS of US$35,000,000 required for continued listing on the Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(b)(2). The Company was afforded a period of 180 calendar days, or until September 22, 2026, to regain compliance pursuant to Nasdaq Listing Rule 5810(c)(3)(C).
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