Form 8-K

8-K — TEN Holdings, Inc.

Accession: 0001493152-26-021993

Filed: 2026-05-08

Period: 2026-05-08

CIK: 0002030954

SIC: 7389 (SERVICES-BUSINESS SERVICES, NEC)

Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

Item: Financial Statements and Exhibits

Documents

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UNITED

STATES

SECURITIES

AND EXCHANGE COMMISSION

Washington,

D.C. 20549

FORM

8-K

CURRENT

REPORT

Pursuant

to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date

of Report (Date of earliest event reported):

May

8, 2026

TEN

Holdings, Inc.

(Exact

name of registrant as specified in its charter)

Nevada

001-42515

99-1291725

(State

or other jurisdiction

of incorporation)

(Commission

File

Number)

(IRS

Employer

Identification No.)

1170

Wheeler Way

Langhorne,

19047

(Address

of principal executive offices)

(Zip

Code)

Registrant’s

telephone number including area code:

1.800.909.9598

(Former

name or former address, if changed since last report)

Check

the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under

any of the following provisions:

☐

Written communications pursuant to Rule 425 under the Securities

Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities

registered pursuant to Section 12(b) of the Act:

Title

of each class

Trading

Symbol(s)

Name

of each exchange on which registered

Common

Stock

XHLD

The

Nasdaq Stock Market LLC

Indicate

by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405

of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging

growth company ☒

an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying

with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item

5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of

Certain Officers.

Departure

of Chief Executive Officer

May 8, 2026,

Mr. Randolph Jones and the Board of Directors (the “Board”) of Ten Holdings, Inc. (the “Company)

mutually agreed Mr. Jones would step down as Chief Executive Officer and Chairman of the

Board effective May 8,

2026 (the “Effective Date”). Mr.

Jones’s separation from the Company is not the result of any dispute or disagreement with the Company or any matter related to

the Company’s operations, policies or practices.

connection with Mr. Jones’s departure, the Company and Mr. Jones have entered into a separation agreement, effective as of the

Effective Date (the “Separation Agreement”), pursuant to which Mr. Jones will receive six months of continued

payment of his base salary (at a rate of $300,000 per year) and will be permitted to exercise any of his vested stock options pursuant

to the award agreements for such options for a period of one-year beginning on the Effective Date. The Separation Agreement includes

a standard general release of all claims Mr. Jones may have against the Company.

Appointment

of Chief Executive Officer

May 8, 2026, the Board appointed Mr. Virgilio Torres, the Company’s Chief Financial Officer, as Chief Executive Officer

and Chairman of the Board effective May 8, 2026. Mr. Torres will continue to serve as the Company’s Chief Financial Officer

in addition to his role as Chief Executive Officer during the search for a new Chief Financial Officer.

There

are no arrangements or understandings between Mr. Torres and any other person related to his appointment as Chief Executive Officer.

There is no family relationship between Mr. Torres and any director, executive officer, or person nominated or chosen by the Company

to become a director or executive officer of the Company. The Company has not entered into any transactions with Mr. Torres that would

require disclosure pursuant to Item 404(a) of Regulation S-K under the Securities Exchange Act of 1934, as amended.

Mr.

Torres will continue to be compensated pursuant to the terms of his existing employment arrangement with the Company. Any material changes

or amendments to Mr. Torres’s compensation arrangements in connection with his appointment as the Chief Executive Officer have

not yet been determined. In accordance with Instruction 2 to Item 5.02 of Form 8-K, the Company intends to file an amendment to this

Current Report on Form 8-K if and when such information is available.

description of Mr. Torres’s business experience which is required to be disclosed by Item 401(e) of Regulation S-K can be found

in the Company’s Annual Report on Form 10-K filed on March 18, 2026 and is incorporated by reference herein.

Item

9.01 Financial Statements and Exhibits.

(d) Exhibits.

The following exhibits are furnished or filed with this report, as applicable:

Exhibit

No.

Description

104

Cover

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SIGNATURES

Pursuant

to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by

the undersigned hereunto duly authorized.

TEN

HOLDINGS, INC.

Date:

May 8, 2026

By:

/s/

Virgilio Torres

Virgilio

Torres

Chief

Executive Officer and Chief Financial Officer

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Entity File Number

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Entity Registrant Name

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Holdings, Inc.

Entity Central Index Key

0002030954

Entity Tax Identification Number

99-1291725

Entity Incorporation, State or Country Code

Entity Address, Address Line One

1170

Wheeler Way

Entity Address, City or Town

Langhorne

Entity Address, State or Province

Entity Address, Postal Zip Code

19047

City Area Code

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Local Phone Number

909.9598

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Security Exchange Name

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