TEN Holdings, Inc. — fact timeline

TEN Holdings, Inc. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1)).

“May 26, 2026, the Company received a deficiency letter from the Listing Qualifications Department (the “ Staff ”) of The Nasdaq Stock Market LLC (“ Nasdaq ”), notifying the Company that it is not in compliance with Nasda”

Virgilio Torres was appointed as Chief Executive Officer and Chairman of the Board at TEN Holdings, Inc..

“On May 8, 2026, the Board appointed Mr. Virgilio Torres, the Company’s Chief Financial Officer, as Chief Executive Officer and Chairman of the Board effective May 8, 2026.”

Randolph Jones departed as Chief Executive Officer and Chairman of the Board at TEN Holdings, Inc..

“On May 8, 2026, Mr. Randolph Jones and the Board of Directors (the “ Board ”) of Ten Holdings, Inc. (the “ Company ) mutually agreed Mr. Jones would step down as Chief Executive Officer and Chairman of the Board effective May 8, 2026 (the “ Effective Date ”).”

TEN Holdings, Inc. entered into Registration Rights Agreement with the Investors (effective 2025-12-22).

“On December 22, 2025, in connection with the Purchase Agreements, the Company also entered into a registration rights agreement with the Investors (the “ Registration Rights Agreement ”), requiring the Company to register for resale the Shares by filing with the SEC a resale registration statement under the Securities Act within ten days following the date of completion of the audit of the Company’s financial statement for the fiscal year ending December 31, 2025.”

TEN Holdings, Inc. entered into Stock Purchase Agreements with each of the purchasers named therein valued at approximately $2.25 million (effective 2025-12-22).

“On December 22, 2025, TEN Holdings, Inc. (the “ Company ”) entered into Stock Purchase Agreements (the “ Purchase Agreements ”) with each of the purchasers named therein (together, the “ Investors ”), pursuant to which the Company issued, or will issue, an aggregate of 991,000 shares of the Company’s common stock, par value $0.0001 per share (the “ Shares ”), for gross proceeds of approximately $2.25 million.”

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

“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”

Naoaki Mashita was appointed as Chief Financial Officer at TEN Holdings, Inc..

“the Company’s director, Naoaki Mashita will serve as the interim Chief Financial Officer of the Company, effective on May 9, 2025.”

John M. Orobono Jr. resigned as Chief Financial Officer at TEN Holdings, Inc..

“Mr. John M. Orobono Jr. notified the Company of his resignation as the Secretary, Chief Financial Officer and a Director of the Company, effective May 9, 2025.”

Naoaki Mashita was appointed as interim Chief Financial Officer at TEN Holdings, Inc..

“the Company’s director, Naoaki Mashita will serve as the interim Chief Financial Officer of the Company, effective on May 9, 2025.”

John M. Orobono Jr. resigned as Chief Financial Officer at TEN Holdings, Inc..

“On May 9, 2025, Mr. John M. Orobono Jr. notified the Company of his resignation as the Secretary, Chief Financial Officer and a Director of the Company, effective May 9, 2025.”