TEN Holdings (XHLD) investor relations material

Company overview and business model

• Headquartered in Langhorne, PA, incorporated in 2024 as a holding company for TEN Events, Inc., which has operated since 2011.

• Provides event planning, production, and broadcasting services for virtual, hybrid, self-service, and physical events, leveraging proprietary Xyvid Pro and TEN Pro platforms.

• Revenue is primarily generated from virtual and hybrid events for corporate customers, with physical event services added in 2023.

• Mission is to become a global leader in innovative virtual events, enhancing engagement and connectivity.

• Competitive strengths include proprietary technology, over a decade of event production expertise, dedicated customer service, and an experienced management team.

Financial performance and metrics

• Supported 248 virtual and hybrid events with 525,812 attendees in 2025.

• Virtual and hybrid events generated $2.7M in revenue in 2025 (88.2% of total), down from $3.2M in 2024 (91.9%).

• Physical events generated $0.4M in 2025 (11.8% of total), up from $0.3M in 2024 (8.1%).

• As of Dec 31, 2025, had $1.6M in cash and cash equivalents.

• Net tangible book value as of Dec 31, 2025, was $4.28M, or $1.08 per share.

Use of proceeds and capital allocation

• Net proceeds from the offering will be used for general working capital, corporate purposes, and repayment of indebtedness.

• Management retains broad discretion over allocation of proceeds, which may be adjusted based on market and company conditions.

• Pending use, proceeds may be invested in short-term, high-grade, interest-bearing instruments.