Chaince Securities LLC, a FINRA-registered broker-dealer and subsidiary of Mercurity Fintech Holding Inc., announced on September 17, 2025, the successful completion of its role as exclusive placement agent for Trident Digital Tech Holdings Ltd (NASDAQ: TDTH). This engagement involved a $2.6 million private placement of securities.
Trident entered into securities purchase and registration rights agreements with institutional investors for the issuance and sale of its Class B ordinary shares, raising gross proceeds of approximately $2.6 million. The proceeds are intended for general corporate purposes, including technology development, potential acquisitions, and working capital.
The successful completion of this private placement reinforces Chaince Securities' growing reputation as a premier execution partner for companies seeking institutional capital. This transaction adds to Chaince's expanding portfolio of successful technology sector executions and strengthens the firm's positioning for future growth opportunities.
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