---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-045754"
form_type: "8-K"
ticker: "XHLD"
cik: "0002030954"
company_name: "TEN Holdings, Inc."
filed_at: "2026-10-05T20:39:48+00:00"
generated_at: "2026-10-12T14:53:33.117399+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# TEN Holdings CFO Virgilio Torres steps down; Ian Lawson named interim CFO under Everest Advisors pact

## Summary
- Torres resigned as CFO, principal financial and principal accounting officer effective Sept 30, 2026, to focus on his CEO duties; Board said the change was not due to any disagreement.
- Board appointed Ian Lawson, 59, an Everest Advisors LLC managing director and California-licensed CPA, as Interim CFO and principal financial/accounting officer, effective Sept 30, 2026.
- Consulting Agreement pays Everest a flat $4,000 per month covering up to 12 hours; overage billed at $350/hour needs prior written CEO approval; either party may terminate on 30 days' notice.
- If the Company hires Lawson, Everest is owed 25% of his first-year annualized fees, refundable in full if he is terminated for good reason within the first 90 days.
- Principal executive office relocated to c/o Studio 1 Rockefeller Plaza, 2nd Floor, New York, NY 10020, from 1170 Wheeler Way, Langhorne, PA 19047.

## SEC filing metadata
- accession: 0001493152-26-045754
- form_type: 8-K
- ticker: XHLD
- cik: 0002030954
- company_name: TEN Holdings, Inc.
- filed_at: 2026-10-05T20:39:48+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2030954/000149315226045754/0001493152-26-045754-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2030954/000149315226045754/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-045754
- JSON: https://secwatch.observer/filing/0001493152-26-045754.json
- Plain text: https://secwatch.observer/filing/0001493152-26-045754.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.