TEN Holdings Completes $2.0 Million Direct Stock Offering for Growth

TEN Holdings Elevates Financial Position with Recent Stock Offering

On November 9, 2026, TEN Holdings, Inc. (Nasdaq: XHLD) announced the successful closing of a registered direct offering, totaling 3,389,831 shares priced at $0.59 each. Through this strategic move, the company has garnered gross proceeds of approximately $2.0 million, which will be instrumental in bolstering its working capital and supporting its varied corporate functionalities.

This direct offering represents a significant milestone for TEN Holdings, a key player in providing a Digital Experience Platform that exemplifies the next wave of engagement solutions for enterprises. Virgilio Torres, the Chairman and Chief Executive Officer, emphasized that this capital infusion is a step towards strengthening the company's financial health and sustainable growth trajectory.

Commitment to Transformative Growth

In the wake of this offering, TEN Holdings plans to channel its new funds into vital operational initiatives, especially during a transformative period wherein the company is pivoting towards a more technology-driven and recurring revenue-focused business model. Torres stated, “This financing represents another important step in strengthening our financial position as we continue executing our long-term growth strategy.”

The company has meticulously worked on optimizing its operating costs and enhancing technology capabilities as it transitions to a global Software as a Service (SaaS) framework. The new capital will allow for greater flexibility, aiding in the ongoing efforts to solidify its market position while responding to rapidly evolving customer demands.

Launch of the TEN Digital Experience Platform

With the company’s recent advancements, including the launch of its latest TEN Digital Experience Platform, attention has shifted towards generating recurring software revenues. The digital platform is designed to support enterprises in communications, virtual events, and webinars, catering to up to 50,000 concurrent attendees. This substantial scalability is expected to revolutionize how organizations manage and deliver digital experiences.

As part of its forward-looking strategy, TEN Holdings is eager to broaden its offerings, incorporating AI-driven features alongside integrations for marketing automation and customer relationship management (CRM). This strategy underpins its ambition to achieve long-term shareholder value through sustainable and innovative technology solutions.

Looking Ahead: A Promising Future

The company's future developments aren’t just about product offerings but also focus on the robust and strategic management of capital. Torres illustrated the organization’s commitment to disciplined capital allocation and operational efficiency. He noted, “We believe we are entering an important phase in the Company's development.”

The offering was made under an effective shelf registration statement filed with the U.S. Securities and Exchange Commission. Interested stakeholders can find additional details through the SEC’s official website. However, it's crucial to understand that this press release does not constitute an offer to sell or solicit any purchase of securities.

About TEN Holdings

Founded in New York, TEN Holdings specializes in creating enterprise software solutions that enhance digital interactions and experiences. As the company progresses, it continues to evolve its technology stack to align with current trends, particularly in AI and analytics.

Investors are encouraged to remain informed about ongoing developments as TEN Holdings aims to redefine the digital landscape for enterprises worldwide.

For further inquiries or information regarding investor relations, please contact Skyline Corporate Communications Group, LLC, led by Scott Powell, at their New York office.