MT Newswires Live2025-12-30
TEN Holdings (XHLD) said Monday that via its subsidiary Ten Events it has signed agreements with investors to sell 991,000 shares of Ten's common stock at $2.27 per share, for gross proceeds of about $2.25 million.
Proceeds from the private placement will be used to repay debt and for working capital and general corporate purposes, the company said.
TEN shares were up past 14% in recent after-hours activity.
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