Trident Digital Tech Holdings Ltd. (NASDAQ: TDTH) received a notification letter from Nasdaq on May 13, 2025, indicating non-compliance with two listing requirements. The company's securities had a closing bid price below $1.00 for 32 consecutive business days, failing the Minimum Bid Price Requirement (Rule 5550(a)(2)).
Additionally, its market value of listed securities (MVLS) was below US$35,000,000 for 31 consecutive business days, violating Nasdaq Listing Rule 5550(b)(2). The notification has no immediate effect on the listing, and TDTH securities continue to trade on Nasdaq.
The company has a compliance period of 180 calendar days, until November 10, 2025, to regain compliance for both deficiencies. Trident intends to monitor its stock price and market value and will consider options to regain compliance, though there is no assurance of success.
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