Ten Holdings Inc., a Nevada-based company, announced a change in its accounting practices as of May 14, 2025. The company's Audit Committee has dismissed Grassi & Co., CPAs, P.C. as its independent registered public accounting firm and has appointed ASSENTSURE PAC in their place. This decision comes after a period with no disagreements or reportable events between Ten Holdings and Grassi regarding accounting practices. Grassi's reports for the past two fiscal years did not contain adverse opinions but included an explanatory paragraph concerning doubts about Ten Holdings' ability to continue as a going concern. Grassi has been provided with a copy of the announcement and has agreed with the statements made.
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