Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential trading opportunities before the market opens [1] Premarket Gainers - Murano Global Investments Plc (MRNO) is up 146% at $3.35 [3] - Kustom Entertainment, Inc. (KUST) is up 34% at $2.84 [3] - Ainos, Inc. (AIMD) is up 34% at $2.32 [3] - Stride, Inc. (LRN) is up 29% at $94.10 [3] - Shuttle Pharmaceuticals Holdings, Inc. (SHPH) is up 18% at $2.40 [3] - Battalion Oil Corporation (BATL) is up 16% at $3.83 [3] - C3.ai, Inc. (AI) is up 15% at $14.58 [3] - Lantronix, Inc. (LTRX) is up 14% at $7.87 [3] - Nextpower Inc. (NXT) is up 13% at $120.00 [3] - High Roller Technologies, Inc. (ROLR) is up 7% at $7.56 [3] Premarket Losers - Flora Growth Corp. (FLGC) is down 34% at $7.20 [4] - TEN Holdings, Inc. (XHLD) is down 29% at $2.47 [4] - Global Interactive Technologies, Inc. (GITS) is down 22% at $3.25 [4] - 5E Advanced Materials, Inc. (FEAM) is down 15% at $2.70 [4] - Vyome Holdings, Inc. (HIND) is down 14% at $2.79 [4] - Altimmune, Inc. (ALT) is down 11% at $5.48 [4] - BiomX Inc. (PHGE) is down 10% at $6.22 [4] - Qorvo, Inc. (QRVO) is down 9% at $74.94 [4] - Nuwellis, Inc. (NUWE) is down 9% at $3.45 [4] - Brenmiller Energy Ltd (BNRG) is down 9% at $2.90 [4]

Langhorne, PA, Jan. 22, 2026 (GLOBE NEWSWIRE) -- TEN Holdings, Inc. (Nasdaq: XHLD) through its subsidiary, Ten Events, Inc., ("Ten Events" or the "Company"), a provider of event planning, production, and broadcasting services, today announced its successful completion of its SOC 2 examination as of January 12, 2026 for Broadcast Media Production and Distribution Services System to the Common Criteria/Security Category. This milestone reflects Ten Events’ focus on supporting high-stakes corporate events incl ...

Core Viewpoint - TEN Holdings, Inc. will participate in the DealFlow Discovery Conference on January 28-29, 2026, highlighting its commitment to engaging with investors and showcasing its services [1] Company Participation - TEN Holdings, through its subsidiary Ten Events, Inc., provides event planning, production, and broadcasting services [1] - Randolph Wilson Jones III, the CEO of TEN Holdings, will deliver a company presentation and be available for one-on-one investor meetings during the conference [1]

Market Overview - U.S. stock futures showed mixed performance after declines on Monday, with major indices fluctuating between gains and losses [1] - The Santa Claus rally, which started on December 24, appears to have resumed after a brief setback [1] Economic Context - President Donald Trump intensified his conflict with Federal Reserve Chair Jerome Powell, threatening legal action over alleged incompetence, raising concerns about central bank independence [2] - Investors are facing a quiet week for economic data, with markets closed on Thursday for New Year's Day [2] Treasury Yields and Market Projections - The 10-year Treasury bond yielded 4.12%, while the two-year bond was at 3.45% [3] - The CME Group's FedWatch tool indicates an 83.9% probability that the Federal Reserve will keep interest rates unchanged in January [3] Stock Performance - TEN Holdings Inc. shares rose 16.31% after announcing a $2.25 million private placement [5] - Fonar Corp. surged 24.49% following a definitive agreement for a "take private" sale [5] - Boeing Co. increased by 0.58% after receiving an $8.6 billion contract from the Pentagon [5] - Dermata Therapeutics Inc. was up 6.45% after closing a $12.4 million private placement [11] - Freeport-McMoRan Inc. rose 1.36% as copper prices reached a new record high of $12,000 [11] Sector Performance - Consumer discretionary, materials, and financials experienced the largest losses on Monday, while energy and real estate stocks closed higher [6] Analyst Insights - Comerica Wealth Management expresses cautious optimism for the U.S. economy, citing infrastructure spending, AI adoption, and resilient consumer demand as growth drivers [8] - The firm notes that recession risks remain below 30%, but inflation is expected to stay above the Federal Reserve's 2% target [8] - Investors are advised to adopt a defensive stance and consider small and micro-cap companies for potential outperformance [9]

Group 1 - TEN Holdings Inc. announced a $2.25 million private placement of 991,000 shares at $2.27 per share, resulting in a 17% increase in shares to $1.65 in after-hours trading [1] - Fonar Corp. shares surged 24% to $18.18 after announcing a definitive agreement for a "take private" sale [1] - CapsoVision Inc. submitted its 510(k) application to the FDA for its AI-assisted module for CapsoCam Plus, leading to an 11% decline in shares to $11.58 [1] - Verastem Inc. intends to discontinue the RAMP 203 clinical study in advanced KRAS G12C-mutated non-small cell lung cancer, causing shares to fall 2.7% to $7.55 [1] - Dermata Therapeutics Inc. closed a $12.4 million private placement priced at-the-market under Nasdaq rules, with shares jumping 10.2% to $2.05 in after-hours trading [1]

Core Viewpoint - TEN Holdings, Inc. will implement a 1-for-15 reverse stock split, effective December 1, 2025, with trading on a split-adjusted basis starting December 2, 2025 [1][2][3]. Group 1: Reverse Stock Split Details - The reverse stock split will reduce the number of outstanding shares from approximately 44.8 million to about 3.0 million [3]. - The effective time for the reverse stock split is set for 4:30 p.m. Eastern Time on December 1, 2025 [2]. - No fractional shares will be issued; instead, holders will receive cash payments for any fractional shares [3][4]. Group 2: Company Information - TEN Holdings operates through its subsidiary, Ten Events, Inc., providing event planning, production, and broadcasting services [6]. - The company specializes in virtual, hybrid, and physical events, utilizing its proprietary Xyvid Pro Platform for service delivery [6].

Core Insights - TEN Holdings, Inc. reported modest year-over-year revenue growth for Q3 2025, indicating stability in its core business and potential for future growth [1][4] - The company launched an Early Adopter Program for its SaaS product, Ten Events Pro, and formed a technical partnership with Webinar.net to enhance its offerings and operational efficiency [2][3] - A new Chief Financial Officer, Virgilio D. Torres, was appointed to strengthen financial controls and relationships with banking and investment communities [3] Financial Performance - Revenue for Q3 2025 was $543,000, a 1.5% increase from $535,000 in Q3 2024, driven by a 102.2% increase in physical event revenue, which rose by $46,000 [4] - Revenue from virtual and hybrid events decreased by $38,000, or 7.8%, due to the postponement of several events [4] - Cost of revenue increased by 26.6% to $138,000, primarily due to higher labor costs associated with physical events [4] - Selling, General, and Administrative Expenses rose by 66.7% to $2,185,000, largely due to public company expenses [4] - Net loss for Q3 2025 was $1,987,000, a 103.8% increase compared to a net loss of $975,000 in Q3 2024, attributed to increased public company expenses and decreased revenue from a major customer [11] Strategic Initiatives - The company plans to focus on recurring revenue streams through the accelerated development of its SaaS model [11] - TEN Holdings aims to enhance its market position by developing a product partnership with V-Cube Inc. to leverage advanced event technologies [11] - The company is considering additional strategic partnerships and acquisitions to diversify revenue growth opportunities [11]

Financial Performance - Total revenue for Q3 2025 was $543,000, a slight increase from $535,000 in Q3 2024, while revenue for the nine months ended September 30, 2025, was $2,398,000, down from $2,686,000 in the same period of 2024[11]. - Gross profit for Q3 2025 was $405,000, compared to $426,000 in Q3 2024, and for the nine months ended September 30, 2025, gross profit was $1,899,000, down from $2,152,000 in 2024[11]. - Net loss for Q3 2025 was $1,987,000, compared to a net loss of $975,000 in Q3 2024, and the net loss for the nine months ended September 30, 2025, was $9,607,000, up from $1,801,000 in 2024[11]. - Total revenues decreased by $288,000, or 10.7%, to $2,398,000, primarily due to a $403,000 decrease in virtual and hybrid events revenue[143]. - Gross profit declined by $253,000, or 11.8%, to $1,899,000, reflecting the decrease in total revenues[143]. - Net loss increased to $9,607,000 for the nine months ended September 30, 2025, compared to a net loss of $1,801,000 for the same period in 2024, representing a 433.4% increase[148]. - Adjusted EBITDA for the nine months ended September 30, 2025, was $(4,088,000), compared to $(1,607,000) in 2024[154]. Operating Expenses - Operating expenses for Q3 2025 increased to $2,332,000 from $1,325,000 in Q3 2024, with selling, general and administrative expenses rising significantly to $2,185,000 from $1,311,000[11]. - Selling, General and Administrative (SG&A) expenses surged by $5,745,000, or 152.8%, to $9,504,000, largely due to $3,500,000 in stock compensation expenses[144]. - Selling, General and Administrative (SG&A) expenses rose by $874,000, or 66.7%, to $2,185,000 due to increased costs associated with being a public entity[131]. Cash Flow and Liquidity - Cash and cash equivalents increased to $310,000 as of September 30, 2025, from $48,000 at the end of 2024[9]. - Net cash used in operating activities increased to $9,035,000 in 2025 from $1,763,000 in 2024, primarily due to a higher net loss[164]. - Net cash provided by financing activities rose significantly to $10,125,000 in 2025 from $2,480,000 in 2024, driven by proceeds from the issuance of shares[166]. Assets and Liabilities - Total assets as of September 30, 2025, were $10,746,000, up from $6,424,000 at the end of 2024[9]. - Total liabilities decreased to $6,962,000 as of September 30, 2025, from $8,024,000 at the end of 2024[9]. - Shareholders' equity improved to $3,784,000 as of September 30, 2025, compared to a deficit of $1,600,000 at the end of 2024[9]. Stock and Financing - The Company completed its IPO on February 18, 2025, issuing 1,667,000 shares at a price of $6.00 per share, resulting in net proceeds of approximately $8,900 after expenses[93]. - The company issued 4,454,818 shares of common stock at a weighted average price of $0.32 per share, totaling $945,542, after September 30, 2025[114]. - The company entered into a purchase agreement with Lincoln Park to purchase up to an aggregate of $20,000,000 of common stock over a 24-month term, with 882,145 shares issued on June 23, 2025[175]. Customer Dependency - The Company is dependent on attracting and retaining revenue-generating customers and acquiring new customer contracts to continue as a going concern[26]. - For the nine months ended September 30, 2025 and 2024, one customer accounted for more than 10% of the Company's total revenue in both periods[42]. Legal and Compliance - The company received a deficiency letter from Nasdaq on June 30, 2025, indicating non-compliance with the bid price requirement, with a compliance period until December 29, 2025[176]. - The company intends to consider a reverse stock split to regain compliance with Nasdaq requirements, with stockholder authorization for a split in the range of 1-for-10 to 1-for-20[177]. - The company received a grand jury subpoena from the U.S. Attorney's Office related to its initial public offering, and is cooperating with the investigation[181]. Operational Focus - The company is focused on expanding its event platform, the Xyvid Pro Platform, to enhance virtual and hybrid event experiences for clients[20]. - The Company operates as one segment, generating revenue from Hybrid and Virtual Events and Physical Events[40].

Summary of TEN Holdings Conference Call Company Overview - **Company Name**: TEN Holdings (NasdaqCM:XHLD) - **Industry**: Virtual Corporate Events - **Public Listing**: Went public on February 13, 2025, with V-Cube Inc. as the parent company owning approximately 67-68% of shares post-IPO [1][3][26] Core Business Model - **Focus**: TEN Holdings aims to grow its initial operating company, which specializes in virtual corporate events, into a network supporting Fortune 1000 enterprise customers [2] - **Event Types**: Offers three types of events: virtual, in-person, and hybrid [4][5] - **Market Potential**: The virtual events market is projected to reach $30 trillion annually by 2030 [5] Operational Insights - **Event Production**: Emphasizes high-quality, high-fidelity production, likening their events to major television broadcasts [7][8] - **Clientele**: Works with large corporate enterprises, including a Big Four consulting firm, and has experience with various industries such as gaming and pharmaceuticals [9][18] - **Pricing Model**: Event pricing varies based on size and complexity, ranging from $3,000 to $100,000 depending on the scale and services required [30][31] Technology and Innovation - **Proprietary Technology**: The company has developed a unique platform for live streaming events, which is highly configurable and resilient [11][17] - **AI Integration**: Currently exploring AI applications for presentation creation, auto-translation, and virtual presenters [21] - **Self-Service Model**: Introduced a self-service product called TEN Pro, allowing clients to manage their own events while maintaining high quality [22][23] Growth Strategy - **M&A Focus**: Plans to expand through mergers and acquisitions, targeting companies in the corporate event space [3][25] - **Strategic Partnerships**: Aims to align with V-Cube Inc.'s technology and explore additional strategic investments [25][26] - **Revenue Goals**: Aspires to grow into a $20 million revenue business by leveraging existing operations and potential acquisitions [27][28] Financial Considerations - **Funding Mechanism**: Established a $20 million equity line of credit to support strategic initiatives [27] - **Revenue Model**: Emphasizes the importance of subscription revenue models for high margins, particularly in software [24] Market Position and Competition - **Competitive Landscape**: Acknowledges competition from other vendors like On24 and Kaltura, which offer self-service solutions [22] - **Unique Selling Proposition**: Differentiates itself through high production quality and a full-service model, catering to high-stakes corporate events [12][19] Conclusion - **Future Outlook**: TEN Holdings is positioned to capitalize on the growing demand for virtual events, with a strong focus on technology, quality, and strategic growth through partnerships and acquisitions [36]

Company Overview - TEN Holdings (NASDAQ: XHLD) is a provider of event planning, production, and broadcasting services through its subsidiary Ten Events, aiming to disrupt the $355 billion global corporate events market, projected to reach $510 billion by 2030 at a 10.5% CAGR [1][5] - The company’s Xyvid Pro platform supports virtual, hybrid, and in-person events for Fortune 500 clients across various sectors, capable of delivering broadcasts for up to 80,000 attendees [2] Product Development - The Ten Events Pro ("Ten Pro") platform, currently in beta and set for a Q1 2026 launch, introduces AI-driven analytics, CRM integration, and user-friendly interfaces, enhancing event management from product launches to training certifications [2] - The Early Adopter Program has accelerated development, adding 12 new enterprise clients in 2025, a fourfold increase compared to 2024, and earning G2's "High Performer" badge in Spring 2025 [2] Market Trends - The virtual events segment, valued at $194 billion in 2024, is expected to grow to $617 billion by 2032, reflecting a 21.7% CAGR, driven by hybrid formats and corporate digitalization [3] - TEN's studio network reduces talent travel costs by 30%, indicating operational efficiency and cost-saving potential [3] Strategic Positioning - TEN Holdings is positioning for exponential growth with potential mergers and acquisitions, as indicated by the new CFO's expertise in M&A [3][4] - The company has secured a $20 million equity line and a $1 million buyback, supporting its growth initiatives [2]