TEN Holdings, Inc. Sets Price for $7.5 Million Stock Offering in Event Services

TEN Holdings, Inc. Prices $7.5 Million Stock Offering

On June 26, 2026, TEN Holdings, Inc. (Nasdaq: XHLD) revealed the pricing details of its stock offering, expected to raise $7.5 million. The subsidiary, Ten Events, Inc., offers event planning, production, and broadcasting services, and aims to utilize the funds for general working capital and debt repayment.

The company is selling 7.5 million shares of its common stock, with each share priced at $1.00. This pricing strategy is aimed at reinforcing the company’s financial health, further enhancing its capabilities in the competitive event management sector. The service offerings primarily include virtual and hybrid events, which have gained significant traction due to the ongoing digital transformation in the events industry.

WestPark Capital, Inc. has been designated as the sole placement agent for this offering. The anticipated closure of the offering is scheduled for around June 30, 2026, pending the fulfillment of standard closing conditions.

The proceeds garnered from this stock offering are earmarked for improving the company's overall capital structure, along with servicing existing debts. This move comes at a pivotal moment when businesses are seeking to stabilize and expand amid challenging market conditions. The offering is being conducted under an effective registration statement filed with the U.S. Securities and Exchange Commission (SEC), initially submitted on April 6, 2026.

The registration ensures that all efforts comply with regulatory standards, allowing for a transparent process in which potential investors can access all relevant information regarding the offering. TEN Holdings plans to disclose a final prospectus that will outline the definitive terms of the offering, encompassing details about potential risks associated with the investment, in compliance with SEC guidelines.

The company emphasizes that this press release does not serve as a sales solicitation or an invitation to purchase securities in jurisdictions where such offers would be deemed illegal prior to necessary registration or qualification.

About TEN Holdings, Inc.

Headquartered in Pennsylvania, TEN Holdings, Inc. operates through Ten Events, Inc., providing a diverse range of event solutions including technology and broadcasting services. It specializes in the production of both virtual and in-person events, emphasizing innovative and engaging experiences. As the market continues to evolve, TEN Holdings remains committed to adapting its service offerings, utilizing platforms like Xyvid Pro and Ten Pro to support clients effectively.

Investors should exercise caution with forward-looking statements and rely only on factual disclosures when making investment decisions. The company prescribes to a policy of transparency and accountability, advising potential stakeholders to keep abreast of any developments related to the offering and the company's overall business strategy.

For more information, interested parties can visit TEN Holdings, Inc.. Questions and inquiries can also be directed to their Investor Relations contacts, ensuring that all stakeholders have the opportunity to obtain comprehensive and current information regarding the company and its offerings.