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Trident Digital Tech Holdings (Nasdaq: TDTH) Closes US$8 Million Private Placement to Fund Execution of Its Digital Infrastructure and Enterprise AI Strategy

GlobeNewswire Inc.·
Trident Digital Tech Holdings (Nasdaq: TDTH) Closes US$8 Million Private Placement to Fund Execution of Its Digital Infrastructure and Enterprise AI Strategy

Trident Digital Tech Holdings (Nasdaq: TDTH) completed an US$8 million private placement of 20 million Class B ordinary shares at US$0.40 per share. The proceeds will fund digital infrastructure, enterprise AI initiatives, and government technology projects across Africa and Asia-Pacific, including Ghana's digital tax platform and the IRMA Asia joint venture. The company projects Sikaflow revenue run-rate of approximately US$65 million annualized by end of 2026.

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