My Market Wizard

TEN Holdings, Inc. 8-K Analysis & Summary – 2/21/2025

⚠️This is not investment advice.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️

TEN Holdings, Inc.
,

Filing date:

02/21/2025

TLDR:

TEN Holdings, Inc. closed its initial public offering of 1,667,000 shares of common stock at a price of $6.00 per share.

ELI5:

TEN Holdings, Inc. became a public company by selling shares of its stock to investors for the first time. They sold 1,667,000 shares at $6 each, and now you can buy and sell their stock on the stock market.

Accession #:

0001493152-25-007870

Published on

Analyst Summary

  • TEN Holdings, Inc. completed its IPO on February 18, 2025.
  • The company offered 1,667,000 shares of common stock at $6.00 per share.
  • Gross proceeds from the IPO were approximately $10.0 million before deducting underwriting discounts and other related expenses.
  • The shares are listed on The Nasdaq Capital Market under the ticker symbol “XHLD”.

Potential Implications

Stock Price

  • The closing of the IPO and commencement of trading on NASDAQ could lead to increased visibility and liquidity for the stock.
  • The stock price may be influenced by market conditions and investor sentiment following the IPO.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️