Acted as Cayman Islands counsel to Trident Digital Tech Holdings Ltd ("Trident"), in relation to its initial public offering of 1,800,000 American depositary shares representing 14,400,000 class B ordinary shares of Trident, and offer and potential resale by its selling shareholder of 1,200,000 American depositary shares representing 9,600,000 class B ordinary shares of the Company on Nasdaq Capital Market (the "Offering"). Trident is a leading digital transformation enabler in the small and medium enterprise, or the SME segment of the e-commerce enablement and digital optimizing services market in Singapore. The Offering, which closed on 11 September 2024, raised approximately US$9 million. The Maples team comprised partner Matt Roberts and of counsel, Jessica Zhan. Trident was advised by Hogan Lovells as to US law. WallachBeth Capital LLC and Revere Securities LLC acted as the underwriters for the Offering which were represented by Greenberg Traurig, LLP as to US law.
PRESS RELEASE
21 October 2024
Trident Digital Tech Holdings Ltd – US IPO - Closed On 11 September 2024
Maples Group
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Acted as Cayman Islands counsel to Trident Digital Tech Holdings Ltd (“Trident”), in relation to its initial public offering of 1,800,000 American depositary shares representing...