Welcome to our dedicated page for XHLD news (Ticker: XHLD), a resource for investors and traders seeking the latest updates and insights on XHLD stock.
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TEN Holdings (XHLD) has announced the pricing of its initial public offering, offering 1,667,000 shares of common stock at $6.00 per share, aiming to raise approximately $10.0 million in gross proceeds. The company's shares are set to begin trading on the NASDAQ under the symbol 'XHLD' on February 13, 2025.
The offering is expected to close around February 14, 2025, subject to customary closing conditions. Bancroft Capital is serving as the representative of the underwriters, with Hunter Taubman Fischer & Li and TroyGould PC acting as legal counsel to the company and underwriters, respectively. Spirit Advisors is serving as the financial advisor and IPO consultant.
