Trident faces Nasdaq delisting over low stock price, plans hearing to regain compliance.

Trident Digital Tech Holdings Ltd received a Nasdaq letter stating its stock price fell below the $1 minimum for 10 consecutive days, violating listing rules. The company also failed to meet market value and equity requirements. Nasdaq will suspend and delist Trident's shares on May 7, 2026, unless Trident requests a hearing by May 5 to appeal. Trident plans to request a hearing and has implemented a reverse stock split to regain compliance and avoid delisting.