TEN Holdings raises $6.6M to regain Nasdaq equity compliance; delisting risk remains

TEN Holdings, Inc.

Received Nasdaq deficiency letter for failing to meet $2.5M minimum stockholders' equity (Equity Standard).
Submitted compliance plan on July 1, 2026; closed registered direct offering of 7.5M shares for net proceeds of ~$6.6M on June 30.
Company believes it has regained compliance, but Nasdaq will monitor; non-compliance at next periodic report could lead to delisting.

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