TEN Holdings, Inc. (XHLD) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
XHLD currently has 4.48M outstanding shares. with significant dilution risk as 5.79M authorized shares could dilute existing holders by 129.4%. The company has significantly diluted shareholders by 119.4% over the past 2 years, indicating aggressive capital raising. Recent corporate actions include 1 stock split (positive for accessibility) and 1 reverse split (concerning signal).
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Jun 03, 2026 |
S-1/A filing: TEN Holdings, Inc. is offering 8,000,000 shares of common stock at an assumed public offering price of $1.41 per share. |
4.5M | 5.8M |
| May 26, 2026 |
8-K filing: TEN Holdings, Inc. entered into a stock purchase agreement and issued 500,000 shares of common stock for $500,000 in a private placement. ($0.5M proceeds) |
4M | 0 |
| May 15, 2026 |
10-Q filing | 4.0M shares outstanding |
4M | 0 |
| Apr 06, 2026 |
S-1 filing: TEN Holdings, Inc. is offering shares of its common stock in a firm commitment underwritten offering, with an expected public offering price between $ to $ per share. |
4M | 0 |
| Mar 18, 2026 |
10-K filing | 4.0M shares outstanding |
4M | 0 |
| Dec 01, 2025 |
Stock Split
8-K filing: Stock split 1-for-15 | Outstanding: 44,592,464 → 3,000,000 |
3M | 0 |
| Nov 10, 2025 |
10-Q filing | 44.6M shares outstanding |
45M | 0 |
| Aug 14, 2025 |
10-Q filing | 35.2M shares outstanding |
35M | 0 |
| Aug 08, 2025 |
8-K filing: TEN Holdings, Inc. entered into a market awareness agreement with MicroCap Advisory, LLC, where the MC Advisor will receive 500,000 fully earned warrants exercisable at $0.40 per share for investor communications and market awareness services. |
35M | 0 |
| Jul 18, 2025 |
S-1 filing: This S-1 filing relates to the offer and sale of up to 7,000,000 shares of common stock by Lincoln Park Capital Fund, LLC pursuant to a purchase agreement, with the company potentially receiving up to $20.0 million in gross proceeds. |
35M | 0 |
| Jun 25, 2025 |
8-K filing: TEN Holdings, Inc. entered into a purchase agreement with Lincoln Park Capital Fund, LLC, for the sale of up to $20.0 million in shares of its common stock, and issued 882,145 commitment shares to Lincoln Park in consideration for their commitment. |
27M | 0 |
| May 20, 2025 |
10-Q filing | 27.1M shares outstanding |
27M | 0 |
| Mar 28, 2025 |
10-K filing | 28.7M shares outstanding |
29M | 0 |
| Feb 21, 2025 |
8-K filing: TEN Holdings, Inc. closed its initial public offering of 1,667,000 shares of common stock at a price of $6.00 per share on February 18, 2025. |
25M | 0 |
| Feb 05, 2025 |
S-1/A filing: This S-1/A filing includes information about a warrant issued to Spirit Advisors, LLC to purchase common stock, a convertible promissory note issued to Naoaki Mashita, and the company's equity incentive plan. |
25M | 2.6M |
| Jan 03, 2025 |
S-1/A filing: This is an S-1/A filing for an offering of common stock with an estimated price range of $4.00 to $6.00 per share, offering 2,500,000 shares. |
26M | 2.6M |
| Dec 30, 2024 |
S-1/A filing: This S-1/A filing is for an offering of common stock with an estimated price range of $4.00 to $6.00 per share, with the company intending to list on Nasdaq under the ticker symbol "XHLD". |
26M | 2.6M |
| Dec 26, 2024 |
S-1/A filing: This S-1/A filing outlines a proposed offering of 2,500,000 shares of common stock with an estimated price range of $4.00 to $6.00 per share, along with registration of Representative's Warrants. |
26M | 2.6M |
| Dec 18, 2024 |
S-1/A filing: The filing is an S-1/A form for an IPO of common stock, with an estimated price range of $4.00 to $6.00 per share and 2,500,000 shares offered. |
25M | 2.6M |
| Dec 11, 2024 |
S-1/A filing: This S-1/A filing registers shares of common stock for an IPO with an estimated price range of $4.00 to $6.00 per share, as well as Representative's Warrants. |
25M | 2.6M |
| Dec 04, 2024 |
S-1/A filing: TEN Holdings, Inc. is offering 2,500,000 shares of common stock to the public with an estimated initial public offering price between $4.00 and $6.00 per share. |
25M | 2.6M |
| Nov 15, 2024 |
S-1/A filing: TEN Holdings, Inc. is offering 2,500,000 shares of common stock with an estimated initial public offering price range of $4.00 to $6.00 per share. |
25M | 2.5M |
| Oct 28, 2024 |
S-1/A filing: TEN Holdings, Inc. is offering 2,500,000 shares of common stock with an estimated price range of $4.00 to $6.00 per share, and is registering Representative's Warrants to purchase shares of common stock equal to 5.0% of the total number of shares of common stock sold in this offering. |
25M | 2.6M |
| Oct 11, 2024 |
S-1 filing: TEN Holdings, Inc. is filing an S-1 to offer shares of common stock to the public. |
25M | 2.5M |