Trident Digital Tech Holdings, which provides business consulting, marketing, and IT services to SMEs in Singapore, raised $9 million by offering 1.8 million ADSs at $5.00, the low end of the range of $5.00 to $7.00.
Trident Digital Tech provides digital transformation services for small and medium enterprises in Singapore, including e-commerce enablement and digital marketing. The company mainly generates revenue from business consulting and IT services, including software and development.
Trident Digital Tech Holdings was founded in 2014 and booked $1.5 million in revenue for the 12 months ended December 31, 2023. It plans to list on the Nasdaq under the symbol TDTH. WallachBeth Capital acted as sole bookrunner on the deal.
