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Trident Converts USD 3 Million of Founder Debt Into Equity
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Trident Converts USD 3 Million of Founder Debt Into Equity
  • Trident Digital Tech converted USD 3 million of founder debt into 4,615,384 restricted Class B ordinary shares.
  • The conversion eliminated debt without using company cash, increasing shareholders' equity.
  • The converted amount exceeded half of Founder and CEO Soon Huat Lim's approximately USD 5 million in loans outstanding on October 31, 2026.
  • Total founder debt converted to equity in 2026 reached USD 11 million, including USD 8 million converted in July.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Trident Digital Tech Holdings Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611121012PRIMZONEFULLFEED9876444) on November 12, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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