TEN Holdings pays $250K to terminate Sunpeak settlement; remains liable for unpaid claims

TEN Holdings, Inc.

Entered Release Agreement with Sunpeak Holdings on Oct 31, 2025, ending 2025 Settlement Agreement.
Paid $250,000 on Oct 30, 2025, in exchange for release from further obligations under settlement.
Originally agreed April 2025 to settle payables via shares; terms described in prior 8-K.
Company retains liability for any remaining Claims not satisfied by SHC under settlement.
Cash payment indicates resolution of previous share-based settlement arrangement.

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