TEN Holdings entered into a Placement Agency Agreement appointing WestPark Capital as exclusive placement agent for a registered direct offering of 7,500,000 shares of common stock. The offering is expected to generate approximately $7.5 million in gross proceeds before fees and expenses and is anticipated to close on June 30, 2026. The deal is intended to provide capital to support the company's corporate needs.
Agreement details:
- Agreement type: Placement Agency Agreement for registered direct offering of common stock
- Counterparty: WestPark Capital
- Signed / Effective: Jun 26 2026 / same
- Duration / Termination: Through Jun 30 2026 closing
- Reason: Raise capital through registered direct offering
Original SEC Filing:
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