Ten Holdings says it regains Nasdaq stockholders’ equity compliance after USD 6.6 million offering

Reuters2026/07/20 20:01

By:Reuters

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Ten Holdings received a Nasdaq deficiency notice for failing to meet Listing Rule 5550(b)(1) requiring at least $2.5 million in stockholders’ equity.
A compliance plan was submitted to Nasdaq on July 1, 2026 ahead of the July 10, 2026 deadline.
A registered direct offering of 7,500,000 shares closed June 30, 2026, generating about $6.6 million in net proceeds.
The company expects the equity raise restored compliance, though Nasdaq will monitor results in the next periodic report and could pursue delisting.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ten Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-033904), on July 20, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Ten Holdings says it regains Nasdaq stockholders’ equity compliance after USD 6.6 million offering

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