- **TEN Holdings (XHLD)** has entered into a **strategic agreement** with its controlling stockholder, **V-Cube, Inc.**, to deliver advanced communication and event technology to the North American enterprise market.  **[2030954_20251015NY98588:0]** 
- This collaboration unifies their respective technologies and expertise, aiming to position TEN Holdings as a leader in enterprise digital transformation and generate **new revenue streams**.  **[2030954_20251015NY98588:0]** 
- The partnership will deploy **V-Cube's enterprise-grade event technology** across North America, targeting a market valued at **$34.39 billion in 2024**.  **[2030954_20251015NY98588:0]** 
- TEN Holdings' CEO, Randolph Wilson Jones III, stated that this alignment represents a **"defining moment"** for the company's growth strategy, accelerating product development and unlocking **"entirely new revenue generating opportunities"**.  **[2030954_20251015NY98588:0]**

TEN Holdings and V-Cube Announce Strategic Partnership for North American Market

- **TEN Holdings (XHLD)**, a publicly traded company on NASDAQ, went public on **February 13th, 2025**, approximately seven months prior to the document's publication.  **[2030954_2157818_0]** 
- The company's primary operating entity, TEN Events, specializes in **virtual corporate events**, offering full-service solutions and is currently developing a new **self-service product called TEN Pro**, which is expected to contribute to revenue in **2026**.  **[2030954_2157818_0]** **[2030954_2157818_2]** **[2030954_2157818_4]** 
- A key growth strategy for TEN Holdings involves **mergers and acquisitions (M&A)**, as well as leveraging technology from its parent company, **V-Cube Inc.**, which maintains a **67%-68% majority controlling interest**.  **[2030954_2157818_0]** **[2030954_2157818_4]** 
- To finance its strategic initiatives, TEN Holdings recently established a **$20 million equity line of credit (ELOC)** with Lincoln Park.  **[2030954_2157818_5]** 
- The CEO's objective is to expand the U.S.-based business to **$20 million in revenue**, with a potential to reach **$50 million in annual revenue** by collaborating more closely with the parent company's existing business.  **[2030954_2157818_5]**