Trident Digital Tech Holdings Ltd. (NASDAQ: TDTH) announced on December 4, 2024, that it would hold an Extraordinary General Meeting (EGM) on December 31, 2024, in Singapore. Shareholders will vote on a proposal to approve and adopt the Amended and Restated 2023 Equity Incentive Plan.
The proposed amendment seeks to increase the number of shares available for awards under the plan from 55,000,000 to 137,500,000. This expansion of the equity incentive pool is intended to provide more flexibility for employee and executive compensation.
The Board of Directors recommends a vote FOR the approval and adoption of the Amended Plan. The record date for determining shareholders entitled to receive notice of, and to attend and vote at, the EGM was fixed as the close of business on December 4, 2024.
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