XHLD News & Events

Reports FY25 revenue $3.1M vs. $3.5M last year. "This past year, we focused on strengthening our platform, expanding enterprise adoption, and leveraging strategic partnerships to drive operational efficiency and sustainable performance," said Randolph Wilson Jones III, Chief Executive Officer of TEN Holdings. "These initiatives position TEN Holdings to deliver long-term value for shareholders."

Equity futures were little changed after the close following a broad selloff as the markets approach the end of the calendar year. Traders are wrestling with profit-taking in major tech and AI-linked names even as the broader benchmark indexes remain close to all-time peaks.HIGHER AFTER EARNINGS -Cemtrexup 33.2%ALSO HIGHER -Ekso Bionicsup 42.9% after agreeing to combine with Applied Digital'scloud computing businessFly-E Groupup 54.2% after regaining compliance with Nasdaq listing rulesTEN Holdingsup 19.1% after announcing a $2.25M private placement of common stockLOWER -Verastemdown 3.1% after discontinuing its RAMP 203 clinical trial

TEN Holdings, through its subsidiary, Ten Events, announced that it entered into stock purchase agreements with certain investors for the purchase and sale of 991K shares of the company's common stock, at a price of $2.27 per share, resulting in gross proceeds of approximately $2.25M. The company intends to use the net proceeds from the private placement for repayment of certain existing debt obligations and working capital and general corporate purposes.