secwatch.observer — SEC 8-K summary
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Issuer:     TEN Holdings, Inc. (XHLD)
CIK:        0002030954
Form:       8-K
Filed at:   2026-05-08T23:59:59+00:00
Accession:  0001493152-26-021993
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CEO Randolph Jones steps down; CFO Virgilio Torres appointed CEO and Chairman effective May 8, 2026
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- Mutual agreement; departure not due to any dispute with the company.
- Jones receives six months' base salary ($300k/yr) and one-year extension for vested stock option exercises.
- Virgilio Torres, previously CFO, appointed CEO and Chairman; will continue as CFO during search for successor.
- No new compensation terms for Torres determined yet; amendment to be filed when available.
- Torres's business experience previously disclosed in March 18, 2026 Form 10-K.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2030954/000149315226021993/0001493152-26-021993-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2030954/000149315226021993/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-021993

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