The company executed the sale through its subsidiary, Ten Events, Inc., which specializes in virtual, hybrid, and physical event production. WestPark Capital, Inc. served as the sole placement agent for the transaction. Proceeds from the sale, which were conducted under an effective registration statement filed with the U.S. Securities and Exchange Commission, are earmarked for general working capital and the repayment of existing indebtedness.

TEN Holdings operates primarily through its Xyvid Pro and Ten Pro platforms, delivering broadcasting and production services for corporate and educational clients. This latest financial move follows a registration process that reached effectiveness on June 26, 2026, allowing the company to finalize the terms of the offering. The firm maintains its headquarters in Pennsylvania and continues to focus on its core event technology services.