TEN Holdings, Inc. (XHLD): Nasdaq/NYSE listing notice — TEN Holdings receives two Nasdaq deficiency notices for bid price and audit committee independence

TEN Holdings, Inc.

Received Nasdaq deficiency on June 30, 2025 for bid price below $1.00 for 30 consecutive business days.
Has 180 days until Dec 29, 2025 to regain compliance by closing at $1.00 for 10 consecutive days.
Second deficiency for failing Audit Committee independence rule due to resignations of independent directors Price and Sherrock on May 13, 2025.
Audit Committee now has only one non-independent director; must submit compliance plan by Aug 14, 2025.
Company may consider reverse stock split and intends to appoint additional independent directors.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

TEN Holdings, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5550(a)(2), 5810(c)(3)(A)

Exact text from the filing

June 30, 2025, TEN Holdings, Inc. (the “Company”) received a deficiency letter from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company that for the last 30 consecutive business days, the bid price for the Company’s common stock had closed below the minimum $1.00 per share requirement for continued inclusion on the Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Rule”). The deficiency letter does not result in the immediate delisting of the Company’s common stock from the Nasdaq Capital Market. In

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5 listing & compliance notices filed in the last 30 days. Browse all listing & compliance notices →

TEN Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001641172-25-017559

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