SINGAPORE, Sept. 16, 2025 — Trident Digital Tech Holdings Ltd. (“Trident” or the “Company,” NASDAQ: TDTH), a Singapore-based company focused on digital transformation and Web 3.0, announced the completion of a roughly $2.6 million Private Investment in Public Equity (PIPE) financing before deducting offering expenses. The company plans to use the net proceeds primarily to expand and commercialize its DRC pass in the Democratic Republic of Congo.
Chaince Securities LLC, a subsidiary of Nasdaq-listed Mercurity Fintech Holding Inc., served as the exclusive placement agent for the transaction, bringing its expertise in connecting digital assets with U.S. capital markets.
Trident emphasized the growing demand in Africa for secure, efficient, and inclusive financial solutions. The Company intends to leverage the speed and scalability of its Tridentity technology to accelerate the adoption of digital identity and promote financial inclusion throughout the continent.
“This financing not only validates our strategic direction but also provides the resources to strengthen our global presence in digital identity and EKYC,” said Soon Huat Lim, Founder, Chairman and CEO of Trident.
About Trident
Trident is a leading company accelerating digital transformation through technology optimization and Web 3.0 activation. Its primary product, Tridentity, is a blockchain-based identity platform that provides secure single-sign-on authentication across various industries. Trident aims to become a global leader in Web 3.0 enablement, connecting organizations to reliable and secure digital infrastructure with optimized user experiences, with a focus on Southern Africa and other high-growth markets.
Safe Harbor Statement
This announcement includes forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terms such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar expressions. The Company may also make such statements in its filings with the SEC, annual reports, announcements, and oral statements. These forward-looking statements, which are not historical facts, involve risks and uncertainties. Several factors could cause actual results to differ materially from those projected, including potential adverse reactions or changes in business relationships, negative changes in economic or market conditions, actions by third parties (including government agencies), the Company’s strategies, business development, financial condition, the growth of the digital solutions market, political, economic, social, and legal developments in the Company’s areas of operation or planned expansion, and the Company’s ability to maintain and enhance its brand. Further information on these risks can be found in the Company’s filings with the SEC. The Company provides this information as of the date of this announcement and does not commit to updating any forward-looking statement unless required by law.
Investor & Media Contacts
Investor Relations
Robin Yang, Partner – ICR LLC
investor@tridentity.me | +1 (212) 321-0602
Media Relations
Brad Burgess, SVP – ICR LLC
brad.burgess@icrinc.com
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