SINGAPORE, July 06, 2026 (GLOBE NEWSWIRE) — T ide t Digital Tech Holdi gs Ltd. (Nasdaq: TDTH) (“T ide t” o the “Compa y”), a Si gapo e-headqua te ed digital i f ast uctu e a d tech ology holdi g compa y, today a ou ced Fou de , Chai ma a d Chief Executive Office Soo Huat Lim will co ve t app oximately US$8 millio of outsta di g fou de i debted ess i to est icted Class B equity, st e gthe i g the Compa y’s bala ce sheet, e ha ci g sha eholde s’ equity a d ei fo ci g his lo g-te m commitme t to T ide t as the Compa y adva ces towa d di ect Nasdaq o di a y-sha e t adi g, the ext phase of its e te p ise AI comme cializatio st ategy a d global acquisitio expa sio .
The Fou de equity commitme t fo ms the ce te piece of a se ies of t a sfo matio al capital st uctu e i itiatives that sha eholde s will be asked to co side at the Compa y’s Ext ao di a y Ge e al Meeti g (“EGM”) o July 8, 2026 i Si gapo e. The p oposed esolutio s a e desig ed to st e gthe T ide t’s capital st uctu e, educe leve age, simplify its sha e capital f amewo k a d suppo t the Compa y’s t a sitio f om its Ame ica Deposita y Sha e (“ADS”) p og am to di ect Nasdaq o di a y-sha e t adi g while establishi g a st o ge i stitutio al fou datio fo its ext phase of st ategic g owth.
Amo g the p oposals is a 240-fo -1 Cayma -o ly sha e co solidatio , impleme ted i co ectio with the te mi atio of the Compa y’s ADS p og am a d t a sitio to di ect Nasdaq o di a y-sha e t adi g. The co solidatio i cludes the ou di g a d ca cellatio of small f actio al holdi gs esulti g f om the co solidatio atio a d applies solely at the Cayma Isla ds co po ate level— ot to the Compa y’s U.S.-t aded secu ity. The Compa y believes these actio s a e i te ded to c eate a clea e , mo e st eamli ed a d i stitutio ally focused capital st uctu e as it completes its t a sitio to di ect Nasdaq o di a y-sha e t adi g.
Subject to sha eholde app oval, M . Lim will excha ge app oximately US$8 millio of outsta di g fou de i debted ess fo est icted Class B sha es, athe tha eceivi g epayme t f om the Compa y. Because the Class B sha es a e est icted a d o -t adi g, the t a sactio is i te ded to st e gthe T ide t’s equity positio a d educe leve age without i c easi g the Compa y’s public t adi g float. The p oposed issua ce is also expected to fu the alig the Fou de ’s lo g-te m i te ests with those of sha eholde s as T ide t executes its lo g-te m g owth st ategy.
Compleme ti g these i itiatives, sha eholde s will also be asked to app ove, amo g othe thi gs, ame dme ts to the Compa y’s autho ized sha e capital, the adoptio of a ew Memo a dum a d A ticles of Associatio , a d the elated sha e subsc iptio ag eeme t ecessa y to impleme t the Fou de equity t a sactio . Collectively, these actio s a e i te ded to simplify T ide t’s capital st uctu e a d p ovide the Compa y with a mo e flexible co po ate f amewo k to suppo t futu e st ategic i itiatives.
The p oposed capital est uctu i g is i te ded to establish the fi a cial a d co po ate fou datio fo T ide t’s ext phase of g owth, suppo ti g the Compa y’s t a sitio to di ect Nasdaq o di a y-sha e t adi g while st e gthe i g its ability to execute o st ategic acquisitio s, expa d its digital i f ast uctu e ecosystem a d accele ate the comme cializatio of its e te p ise a tificial i tellige ce platfo ms. Ma ageme t believes a st o ge bala ce sheet, e ha ced sha eholde s’ equity a d a st eamli ed capital st uctu e will p ovide g eate fi a cial flexibility as T ide t co ti ues executi g its lo g-te m g owth st ategy.
The capital est uctu i g adva ces i pa allel with T ide t’s p eviously a ou ced e te p ise AI comme cializatio st ategy, a cho ed by the a ticipated comme cializatio of the IRMA AI E gi e th ough the Compa y’s pla ed pa t e ship with U.S.-based Digital I ovatio s G oup (“DIG”), togethe with TDTHAI a d T ide t’s expa di g e te p ise cybe secu ity platfo m. These i itiatives a e i te ded to compleme t the Compa y’s b oade digital i f ast uctu e ecosystem ac oss Asia-Pacific a d Af ica while expa di g T ide t’s p ese ce ac oss high-g owth AI, cybe secu ity a d t a sactio -d ive tech ology ma kets.
Ma ageme t believes the combi atio of a st e gthe ed capital st uctu e, di ect Nasdaq o di a y-sha e t adi g f amewo k a d co ti ued executio of its e te p ise AI st ategy positio s T ide t to capitalize o eme gi g global oppo tu ities while c eati g a scalable platfo m fo lo g-te m value c eatio .
“Ou commitme t to T ide t has always bee measu ed by the lo g-te m value we believe we ca c eate, ot by sho t-te m decisio s,” said Soo Huat Lim, Fou de , Chai ma a d Chief Executive Office of T ide t. “By co ve ti g app oximately US$8 millio of fou de i debted ess i to est icted Class B equity athe tha eceivi g epayme t, I am fu the alig i g my i te ests with those of ou sha eholde s while ei fo ci g the Compa y’s bala ce sheet fo the oppo tu ities ahead. As we adva ce towa d di ect Nasdaq o di a y-sha e t adi g, co ti ue executi g ou e te p ise AI comme cializatio st ategy a d pu sue st ategic acquisitio s globally, we believe T ide t is establishi g a st o ge fou datio fo its ext phase of g owth.”
The Ext ao di a y Ge e al Meeti g will be held o July 8, 2026 i Si gapo e. Sha eholde s will be asked to co side the Fou de equity t a sactio togethe with the p oposed 240-fo -1 Cayma -o ly sha e co solidatio , the cha ge of autho ized sha e capital, the adoptio of a ew Memo a dum a d A ticles of Associatio , the elated sha e subsc iptio ag eeme t a d the othe esolutio s desc ibed i the Compa y’s otice of meeti g. Sha eholde s a e e cou aged to eview the Compa y’s meeti g mate ials fo the complete te ms of the p oposed esolutio s, voti g p ocedu es a d elated disclosu es. Each of the p oposals desc ibed above emai s subject to sha eholde app oval a d applicable egulato y equi eme ts.
T ide t Digital Tech Holdi gs Ltd. (Nasdaq: TDTH) is a Si gapo e-headqua te ed digital i f ast uctu e holdi g compa y focused o buildi g a d ope ati g sove eig -scale tech ology platfo ms ac oss eme gi g ma kets. The Compa y’s st ategy ce te s o e te i g high-g owth eco omies th ough t usted digital ide tity i f ast uctu e a d expa di g ac oss adjace t ve ticals spa i g gove me t tech ology, a tificial i tellige ce, cybe secu ity, digital comme ce, ag itech, a d t a sactio -d ive se vices. T ide t’s active i itiatives i clude atio al digital ide tity ma dates, MSME digital tax fo malizatio platfo ms, e te p ise AI deployme t, a d cybe secu ity solutio s ac oss Af ica a d the Asia-Pacific egio . With active ope atio s a d st ategic i itiatives i the Democ atic Republic of Co go, Gha a, a d Asia-Pacific ma kets, T ide t is positio i g itself to capitalize o o e of the wo ld’s la gest lo g-te m oppo tu ities i digital t a sfo matio i f ast uctu e, e te p ise AI deployme t, a d sove eig -scale tech ology mode izatio . Fo mo e i fo matio , visit: https://t ide tity.me
This a ou ceme t co tai s stateme ts that may co stitute “fo wa d-looki g” stateme ts pu sua t to the “safe ha bo ” p ovisio s of the U.S. P ivate Secu ities Litigatio Refo m Act of 1995. These fo wa d-looki g stateme ts ca be ide tified by te mi ology such as “will,” “expects,” “a ticipates,” “aims,” “ta gets,” “p ojects,” “futu e,” “i te ds,” “pla s,” “believes,” “estimates,” “likely to,” “pote tial,” “co ti ue,” a d simila stateme ts. The Compa y may also make w itte o o al fo wa d-looki g stateme ts i its pe iodic epo ts to the U.S. Secu ities a d Excha ge Commissio (the “SEC”), i its a ual epo t to sha eholde s, i a ou ceme ts a d othe w itte mate ials, a d i o al stateme ts made by its office s, di ecto s, o employees to thi d pa ties. Stateme ts that a e ot histo ical facts, i cludi g stateme ts about the Compa y’s beliefs, pla s a d expectatio s, a e fo wa d-looki g stateme ts. This a ou ceme t co tai s fo wa d-looki g stateme ts ega di g the Compa y’s st ategic i itiatives, expa sio pla s, p ojected ma ket oppo tu ities, a ticipated platfo m adoptio , o boa di g ta gets, p ojected eve ue oppo tu ities, ope atio al deployme t expectatio s, platfo m scalability, mo etizatio oppo tu ities, AI i teg atio oppo tu ities, st ategic pa t e ships, pote tial acquisitio s, egulato y developme ts, gove me t co t acti g p ocesses, a d futu e busi ess pe fo ma ce.
Fo wa d-looki g stateme ts i volve i he e t isks a d u ce tai ties, ma y of which a e beyo d the Compa y’s co t ol. A umbe of facto s could cause actual esults to diffe mate ially f om those co tai ed i a y fo wa d-looki g stateme t, i cludi g but ot limited to the followi g: the esults of the EGM, mate ializatio a d impleme tatio of the Compa y’s st ategic i itiatives; pote tial adve se eactio s o cha ges to busi ess elatio ships; adve se cha ges i ge e al eco omic o ma ket co ditio s; a y actio s by thi d pa ties i cludi g gove me t age cies; the expected g owth of the digital solutio s ma ket; cybe secu ity isks; the geopolitical, eco omic, social a d legal developme ts i the ju isdictio s that the Compa y ope ates i o i which the Compa y i te ds to expa d its busi ess a d ope atio s; the Compa y’s ability to mai tai a d e ha ce its b a d. Fu the i fo matio ega di g these a d othe isks is i cluded i the Compa y’s fili gs with the SEC. All i fo matio p ovided i this a ou ceme t is as of the date of this a ou ceme t, a d the Compa y does ot u de take a y obligatio to update a y fo wa d-looki g stateme t, except as equi ed u de applicable law.
