Trident Digital Tech prices 20,000,000-share private placement at US$0.40, raises US$8 million
Reuters2026/09/09 20:00Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Trident Digital Tech Holdings closed a US$8 million private placement of 20,000,000 unregistered Class B ordinary shares.
- Shares sold at US$0.4 each under a Sept. 8, 2026 securities purchase agreement; proceeds included purchases made in USDT and USDC.
- Net proceeds earmarked for a digital assets reserve, working capital, general corporate purposes; focus on digital infrastructure, enterprise AI, govtech.
- Class B shares outstanding rose to 28,542,617 from 8,542,617 following the issuance.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Trident Digital Tech Holdings Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609091600PRIMZONEFULLFEED9823767) on September 09, 2026, and is solely responsible for the information contained therein.
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