New Risk • May 06
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 84% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$9.8m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Negative equity (-US$6.8m). Earnings have declined by 72% per year over the past 5 years. Shareholders have been substantially diluted in the past year (84% increase in shares outstanding). Revenue is less than US$1m (US$161k revenue). Market cap is less than US$10m (US$9.25m market cap). Reported Earnings • May 01
Full year 2025 earnings released: US$7.63 loss per share (vs US$3.85 loss in FY 2024) Full year 2025 results: US$7.63 loss per share (further deteriorated from US$3.85 loss in FY 2024). Net loss: US$22.8m (loss widened 180% from FY 2024). New Risk • Apr 12
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Negative equity (-US$5.4m). Earnings have declined by 75% per year over the past 5 years. Revenue is less than US$1m (US$123k revenue). Market cap is less than US$10m (US$8.99m market cap). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (27% increase in shares outstanding). New Risk • Apr 10
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$9.64m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Negative equity (-US$5.4m). Earnings have declined by 75% per year over the past 5 years. Revenue is less than US$1m (US$123k revenue). Market cap is less than US$10m (US$9.64m market cap). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (27% increase in shares outstanding). New Risk • Jan 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Negative equity (-US$5.4m). Earnings have declined by 75% per year over the past 5 years. Revenue is less than US$1m (US$123k revenue). Minor Risks Shareholders have been diluted in the past year (27% increase in shares outstanding). Market cap is less than US$100m (US$38.6m market cap). Duyuru • Nov 21
Trident Digital Tech Holdings Ltd, Annual General Meeting, Dec 23, 2025 Trident Digital Tech Holdings Ltd, Annual General Meeting, Dec 23, 2025, at 10:00 Singapore Standard Time. Location: at suntec tower 3, 8 temasek boulevard road, 24-03, 038988, Singapore Reported Earnings • Sep 28
First half 2025 earnings released: US$0.14 loss per share (vs US$0.031 loss in 1H 2024) First half 2025 results: US$0.14 loss per share (further deteriorated from US$0.031 loss in 1H 2024). Net loss: US$11.3m (loss widened 485% from 1H 2024). Duyuru • Sep 17
Trident Digital Tech Holdings Ltd announced that it has received SGD 2.6 million in funding Trident Digital Tech Holdings Ltd announced the successful completion of an approximately $2.6 million Private Investment in Public Equity financing on September 16, 2025, before deducting offering expenses payable by the Company. The proceeds will be primarily used to support the expansion and commercialization of DRC pass in Democratic Republic of Congo. The transaction has been closed on September 16, 2025. Duyuru • Aug 08
Trident Digital Tech Holdings Ltd Seeks Stablecoin Licenses Across Multiple African Markets to Drive Ripple USD (RLUSD) Adoption Trident Digital Tech Holdings Ltd. announced plans to pursue regulatory approvals for stablecoin operations across several African countries. The initiative aims to accelerate adoption of Ripple USD (RLUSD) - Ripple's U.S. dollar-pegged stablecoin - to enhance financial inclusion and digital payments infrastructure on the continent. TDTH recently took a pioneering step in corporate crypto strategy, launching a bold initiative to raise up to USD 500 million to establish one of the world's largest corporate XRP treasuries. The company plans to leverage stablecoin mechanisms and deepen its integration with the Ripple ecosystem. This move underscores TDTH's commitment to decentralized finance as a catalyst for global financial evolution. African Expansion for RLUSD: Building on its Web 3.0 infrastructure expertise and recent public-private partnership in the Democratic Republic of the Congo (DRC) to launch of "DRCPass," TDTH is now extending its ambitions to the stablecoin arena. This will help unlock digital dollar liquidity, improve cross-border payments, and address current local currency liquidity challenges. TDTH is in exploratory discussions with regulatory authorities, financial institutions, and local partners to understand licensing pathways and infrastructure needs. The goal is to begin phased rollouts in pilot countries by mid-2026, subject to existing legal frameworks and market readiness. Company Overview: Trident Digital Tech Holdings is a Nasdaq-listed company dedicated to spearheading digital transformation, particularly through its blockchain identity platform Tridentity. With projects like the RDCPass in the DRC -- covering SIM-registration, e-government access, payments integration, and citizen identity for the population-- TDTH has solidified itself as a trusted Web 3.0 infrastructure partner in emerging markets. Reported Earnings • Apr 29
Full year 2024 earnings released: US$0.13 loss per share (vs US$0.084 loss in FY 2023) Full year 2024 results: US$0.13 loss per share (further deteriorated from US$0.084 loss in FY 2023). Revenue: US$465.4k (down 69% from FY 2023). Net loss: US$8.12m (loss widened 70% from FY 2023). Duyuru • Mar 27
Trident Digital Tech Holdings Ltd (NasdaqCM:TDTH) announces an Equity Buyback for $1 million worth of its shares. Trident Digital Tech Holdings Ltd (NasdaqCM:TDTH) announces a share repurchase program. Under the program, the company will repurchase up to $1 million of its Class B ordinary shares in the form of American depositary shares. The company expects to utilize its existing funds to fund repurchases made under this program. By gradually executing the share repurchase program, the company seeks to generate greater long-term returns for its shareholders. The program will run over a period of 12 months starting from the commencement date. New Risk • Jan 31
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$61.3m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (29% average weekly change). Minor Risks Revenue is less than US$5m (US$1.4m revenue). Market cap is less than US$100m (US$61.3m market cap). New Risk • Nov 29
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (19% average weekly change). Minor Risk Revenue is less than US$5m (US$1.4m revenue). Reported Earnings • Nov 27
First half 2024 earnings released: US$0.031 loss per share (vs US$0.036 loss in 1H 2023) First half 2024 results: US$0.031 loss per share. Revenue: US$378.8k (down 21% from 1H 2023). Net loss: US$1.93m (loss widened 3.5% from 1H 2023). New Risk • Nov 05
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Share price has been volatile over the past 3 months (14% average weekly change). Revenue is less than US$5m (US$1.5m revenue). Duyuru • Sep 10
Trident Digital Tech Holdings Ltd has completed an IPO in the amount of $9 million. Trident Digital Tech Holdings Ltd has completed an IPO in the amount of $9 million.
Security Name: American Depositary Shares
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 1,800,000
Price\Range: $5
Discount Per Security: $0.35 