Highest-materiality recent filing
TEN Holdings receives Nasdaq equity deficiency notice; issues 500k shares for $500k
Received Nasdaq deficiency letter on May 26, 2026 for failing to meet $2.5M stockholders' equity requirement under Listing Rule 5550(b)(1).
CEO Randolph Jones steps down; CFO Virgilio Torres appointed CEO and Chairman effective May 8, 2026
Mutual agreement; departure not due to any dispute with the company.
TEN Holdings FY2025 revenue falls 11.4% to $3.1M; net loss widens to $19.5M from $2.97M
Net loss of $19.5M ($8.58 per share) vs $2.97M ($1.78) in FY2024; SG&A surged 183% to $15.3M, including $10M non-cash charges.
TEN Holdings raises $2.25M in private placement; enters new CEO/CFO employment agreements
Issued 991,000 shares at $2.27/share for gross proceeds of approximately $2.25M.
TEN Holdings adds two directors; regains Nasdaq compliance on bid price and board independence
Appointed Yuji Ishida (Audit Chair, $20k retainer) and Gan Yong Sheng ($10k retainer) as independent directors effective Dec 15, 2025.
TEN Holdings pays $250K to terminate Sunpeak settlement; remains liable for unpaid claims
Entered Release Agreement with Sunpeak Holdings on Oct 31, 2025, ending 2025 Settlement Agreement.
TEN Holdings Q2 2025 net loss widens to $2.8M on higher public company costs
Revenue of $1.1M, up 9.1% YoY; physical events revenue surged 82.6% due to new customer.
TEN Holdings receives two Nasdaq deficiency notices for bid price and audit committee independence
Received Nasdaq deficiency on June 30, 2025 for bid price below $1.00 for 30 consecutive business days.
TEN Holdings enters $20M equity purchase agreement with Lincoln Park Capital
Lincoln Park committed to buy up to $20M in common stock over 24 months; Company controls timing and amount.
TEN Holdings launches Early Adopter Program for new SaaS product Ten Events Pro
Launched Early Adopter Program for new SaaS product Ten Events Pro; beta access begins July 1, 2025, full release expected early 2026.
TEN Holdings Q1 revenue falls 34.5% to $739K; net loss widens to $4.8M on stock comp
Revenue decreased 34.5% to $739K, mainly due to a biennial event series with its largest customer that did not repeat in 2025.
CFO John Orobono resigns; director Naoaki Mashita named interim CFO
John M. Orobono Jr. resigned as Secretary, CFO, and Director on May 9, 2025, for personal reasons.
TEN Holdings settles ~$4.9M payables via equity issuance to Sunpeak Holdings; court-approved
Settlement with Sunpeak Holdings covers ~$4.91M in outstanding payables, exchanged for common shares.
TEN Holdings closes $10M IPO; shares begin trading on Nasdaq
IPO of 1,667,000 shares priced at $6.00/share for gross proceeds of $10M.
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.
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 ”).
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.
the Company’s director, Naoaki Mashita will serve as the interim Chief Financial Officer of the Company, effective on May 9, 2025.
the Company’s director, Naoaki Mashita will serve as the interim Chief Financial Officer of the Company, effective on May 9, 2025.
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.
Max materiality 0.80 · Median 0.60 · Most common event other_material