TEN Holdings IPO opens flat at $6 per share

Investing.com -- TEN Holdings, Inc., a Pennsylvania-based company specializing in event planning, production, and broadcasting services, has launched its initial public offering (IPO) today. The company, listed on the Nasdaq under the ticker XHLD, saw its IPO open with a price of $6 per share, in line with original pricing.

The company's IPO consists of 1,667,000 shares of common stock, each with a par value of $0.0001. The company, which primarily produces virtual, hybrid, and physical events, has set the price per share at $6.00.

Bancroft Capital, LLC is serving as the representative of the underwriters for this offering.

TEN Holdings, Inc.'s services range from planning and producing virtual and hybrid events to broadcasting services and continuing education services. These offerings are supported by the company's proprietary Xyvid Pro Platform, which plays a crucial role in the planning and execution of these events.

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