TEN Holdings, Inc. - XHLD STOCK NEWS

TEN Holdings (NASDAQ: XHLD) announced its subsidiary Ten Events is serving as the technical webcast partner for a major Big 4 consulting firm, supporting events with up to 40,000 live concurrent streams. The partnership covers webcast programs for over 85,000 employees across 3 countries.

The company provides scalable solutions including webcast management, seamless technical integration with SSO and eCDN, real-time IT collaboration, technical consultancy, and flexible production options for virtual, hybrid, and in-person events.

Key achievements include:

• Zero broadcast downtime during high-traffic events
• Faster go-to-market for timely webcasts
• Optimized global viewing experience
• Doubled webcast volume over 5 years
• Reduced IT burden through proactive support

TEN Holdings (NASDAQ: XHLD), a provider of event planning, production, and broadcasting services, announced its participation in the LD Micro Invitational XV on April 10, 2025, at 2:30 PM ET at the Westin Grand Central Hotel in New York City.

CEO Randolph Wilson Jones III will present and meet with investors during the conference. The presentation comes shortly after the company's initial public offering in February 2025. The event aims to facilitate communication with capital markets and engage with potential investors while showcasing TEN Holdings' vision, growth strategy, and value proposition.

The two-day LD Micro Invitational XV, scheduled for April 9-10, 2025, will feature over 50 companies presenting in half-hour increments and participating in private investor meetings.

TEN Holdings (NASDAQ: XHLD) reported its full year 2024 financial results, showing a decline in performance. Total revenues decreased 5.8% to $3.5 million from $3.7 million in 2023. The company's net loss widened to $2.97 million compared to $1.69 million in 2023, with loss per share increasing to ($0.12) from ($0.07).

Key financial metrics include:

• Gross profit margin declined to 81.4% from 85.1%
• SG&A expenses increased 13.7% to $5.39 million
• Cash position decreased to $48,000 from $357,000

The company completed its IPO on February 18, 2025, and is now trading on Nasdaq as XHLD. Strategic initiatives include developing a new platform-as-a-service (PaaS) model, enhancing the Xyvid Pro Platform, and focusing on customer relationship strengthening.

TEN Holdings (NASDAQ: XHLD), a provider of event planning, production, and broadcasting services, has announced the addition of conversational artificial intelligence (AI) solutions to its service portfolio through a new partnership with its controlling shareholder, V-Cube Inc.

The integration of AI solutions aims to help event companies scale operations efficiently while achieving cost savings through automation. The technology is expected to provide insights into attendee behavior and preferences, enabling more personalized and engaging virtual event experiences.

CEO Randy Jones emphasized the company's commitment to delivering advanced solutions that enhance virtual event experiences while enabling clients to make data-driven decisions.

TEN Holdings (Nasdaq: XHLD) has announced a $1 million stock repurchase program effective March 17, 2025. The program, approved by the Board of Directors, allows the company to repurchase its outstanding common stock with an evergreen term.

The repurchases will be executed under a Rule 10b-18 plan, funded through cash from operations, and will be governed by market conditions and legal requirements. The program can be discontinued at any time, with no obligation to repurchase any specific amount of shares.

According to CEO Randolph Wilson Jones III, the initiative aims to strengthen shareholder returns, improve capital efficiency, and implement a flexible capital policy. The decision reflects management's confidence in the company's intrinsic long-term value and their view that current stock investment represents a promising opportunity.

TEN Holdings (XHLD) has successfully completed its Initial Public Offering (IPO), selling 1,667,000 shares of common stock at $6.00 per share, raising approximately $10.0 million in gross proceeds before deducting underwriting discounts and expenses. The company's shares began trading on the NASDAQ under the symbol 'XHLD' on February 13, 2025.

The IPO was conducted through a registration statement on Form S-1, which was declared effective by the SEC on February 7, 2025. Bancroft Capital served as the representative underwriter, with Hunter Taubman Fischer & Li and TroyGould as legal counsel to the company and underwriters respectively. Spirit Advisors acted as financial advisor and IPO consultant.

TEN Holdings (XHLD) has announced the pricing of its initial public offering, offering 1,667,000 shares of common stock at $6.00 per share, aiming to raise approximately $10.0 million in gross proceeds. The company's shares are set to begin trading on the NASDAQ under the symbol 'XHLD' on February 13, 2025.

The offering is expected to close around February 14, 2025, subject to customary closing conditions. Bancroft Capital is serving as the representative of the underwriters, with Hunter Taubman Fischer & Li and TroyGould PC acting as legal counsel to the company and underwriters, respectively. Spirit Advisors is serving as the financial advisor and IPO consultant.