XHLD News & Events

TEN Holdings announced the pricing of its offering for the purchase and sale of 7.5M shares of the company's common stock. Each share of common stock will be sold at an offering price of $1.00 per share. The gross proceeds to the company from the offering are expected to be approximately $7.5M, before deducting placement agent fees and other offering expenses payable by the company. The offering is expected to close on or about June 30. WestPark Capital is the sole placement agent for the offering.

Network 1 Financial Securities is acting as the underwriter for the offering.

Reports FY25 revenue $3.1M vs. $3.5M last year. "This past year, we focused on strengthening our platform, expanding enterprise adoption, and leveraging strategic partnerships to drive operational efficiency and sustainable performance," said Randolph Wilson Jones III, Chief Executive Officer of TEN Holdings. "These initiatives position TEN Holdings to deliver long-term value for shareholders."