TEN Holdings regains Nasdaq Audit Committee compliance after board departure and appointment

TEN Holdings, Inc.

Yuji Ishida resigned from Board and Audit Committee, leaving Audit Committee with fewer than 3 members, violating Nasdaq Rule 5605(c)(2).
On Aug 31, 2026, Board appointed Kevin Cheong Jia Jin to Audit Committee to cure the deficiency.
Nasdaq Staff confirmed compliance on Sept 1, 2026 and closed the matter.
Company relied on Nasdaq Rule 5605(c)(4) cure period; no penalty or ongoing deficiency.

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