New York, January 28, 2026, 09:04 (ET) — Premarket
- XHLD is retreating in premarket following a strong rally on Tuesday
- A new SEC filing reveals a DealFlow Discovery Conference presentation along with an updated investor deck
- Traders are eyeing fresh disclosures as the microcap moves sharply on high volume
Shares of TEN Holdings, Inc (XHLD) dropped roughly 33% to $2.36 in premarket trading by 8:49 a.m. ET Wednesday, following a huge 177% surge to $3.52 on Tuesday. Volume spiked to about 139 million shares that day, dwarfing the three-month average of around 3.2 million. Over the past year, the stock’s price has ranged from a low of $1.05 to a high of $128.10, per Investing.
The snapback is crucial since the company is right in the thick of an investor rally. For a stock this tiny, a single conference slot can attract momentum traders — only to spook them out almost immediately.
Investors are scrambling to figure out if anything has shifted beyond the initial pitch. The market sees the next two days as critical, with traders hunting for clear signs—be it a customer win, a financing update, or solid numbers.
TEN Holdings announced in a Form 8-K Monday that management plans to present live at the DealFlow Discovery Conference on Jan. 28-29, held at the Borgata Hotel in Atlantic City, New Jersey. They will also hold investor meetings during the event. The filing, signed by CEO Randolph Wilson Jones III, noted the company updated its investor presentation, which is now available on their investor relations site and included as an exhibit. (SEC)
The disclosure was made under Regulation FD, the SEC rule designed to stop companies from selectively sharing market-sensitive information. The filing also specifies the slide deck is being “furnished,” a term that usually has different legal implications than information that is officially “filed.”
Pennsylvania-based TEN Holdings offers event planning, production, and broadcasting services across virtual, hybrid, and in-person formats, according to its website. (Ten Holdings)
The investor deck outlines a hybrid model: “full-service” production combined with a “self-service” broadcast platform, designed specifically for “high-stakes corporate environments, not casual meetings.” It touts usage by “Fortune 500” companies, supports 10,000 to over 100,000 concurrent attendees, and promises 99.99% uptime. (SEC)
The same materials lay out a plan to shift toward SaaS — software sold by subscription — and to grow annual recurring revenue, or ARR, by integrating AI-powered features like analytics and captioning. The company also maps out an acquisition strategy intended to broaden its capabilities through targeted deals. (SEC)
On its “2025 year in review” slide, TEN Holdings reported raising $5 million in capital and completing a $2.25 million PIPE — a private investment in public equity. The company also pointed to cuts in operating expenses and a partnership with Webinar.net. (SEC)
The tape is messy. With a small market cap and a stock prone to gapping on thin liquidity, early gains often flip quickly. Plus, conference buzz doesn’t always lead to contracts or funding.
Up next: the company’s conference presentation and investor meetings scheduled for Wednesday and Thursday. Traders are also on the lookout for any SEC filings tied to the event, as well as the next earnings report date, which TradingView shows as March 27. (TradingView)
