---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-016319"
form_type: "8-K"
ticker: "XHLD"
cik: "0002030954"
company_name: "TEN Holdings, Inc."
filed_at: "2025-06-25T23:59:59+00:00"
generated_at: "2026-05-18T21:33:45.680393+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# TEN Holdings enters $20M equity purchase agreement with Lincoln Park Capital

## Summary
- Lincoln Park committed to buy up to $20M in common stock over 24 months; Company controls timing and amount.
- Purchase price is 97% of the lower of the lowest daily sale price or avg of three lowest closing prices over 10 days.
- Issued 882,145 commitment shares to Lincoln Park; further sales capped at 19.99% of outstanding unless price threshold met.
- Proceeds to fund working capital, technology platform development, and potential strategic acquisitions.
- Company barred from other equity lines or ATM offerings; Lincoln Park prohibited from short selling during term.

## SEC filing metadata
- accession: 0001641172-25-016319
- form_type: 8-K
- ticker: XHLD
- cik: 0002030954
- company_name: TEN Holdings, Inc.
- filed_at: 2025-06-25T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2030954/000164117225016319/0001641172-25-016319-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2030954/000164117225016319/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-016319
- JSON: https://secwatch.observer/filing/0001641172-25-016319.json
- Plain text: https://secwatch.observer/filing/0001641172-25-016319.txt

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