Ten Holdings Inc. Enters Agreement to Sell Up to $20 Million in Shares to Lincoln Park Capital Fund

Reuters

06-25

Ten Holdings Inc. Enters Agreement to Sell Up to $20 Million in Shares to Lincoln Park Capital Fund

Ten Holdings Inc. entered into a Purchase Agreement with Lincoln Park Capital Fund, LLC on June 23, 2025, allowing Lincoln Park to purchase up to $20.0 million in shares of Ten Holdings' common stock. The exact number of shares and price per share are not specified, but transactions are subject to certain limitations and Nasdaq rules, including an Exchange Cap of 19.99% of outstanding shares unless certain conditions are met. The sales will occur over a 24-month period and are contingent on various factors including market conditions and the trading price of the stock.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ten Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-016319), on June 25, 2025, and is solely responsible for the information contained therein.

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Enters Agreement to Sell Up to $20 Million in Shares to Lincoln Park Capital Fund","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Ten Holdings Inc. Enters Agreement to Sell Up to $20 Million in Shares to Lincoln Park Capital Fund\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Ten Holdings Inc. entered into a Purchase Agreement with Lincoln Park Capital Fund, LLC on June 23, 2025, allowing Lincoln Park to purchase up to $20.0 million in shares of Ten Holdings' common stock. The exact number of shares and price per share are not specified, but transactions are subject to certain limitations and Nasdaq rules, including an Exchange Cap of 19.99% of outstanding shares unless certain conditions are met. 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ID: 0001641172-25-016319), on June 25, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4009","symbol_name":"广告","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250625:nNDL4XMqj:1","article_id":"2546215049","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2546215049","pubTimestamp":1750845692,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Ten Holdings Inc. entered into a Purchase Agreement with Lincoln Park Capital Fund, LLC on June 23, 2025, allowing Lincoln Park to purchase up to $20.0 million in shares of Ten Holdings' common stock. 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