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Leadership changes · XHLD · SEC Form 8-K, Item 5.02

Leadership changes at TEN Holdings, Inc. (2026)

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Who joined and who left TEN Holdings, Inc. (XHLD)? 3 appointments and 1 departure reported from 2026-05-08 to 2026-10-05, each cited to the company's own filing.

Ian Lawson was named Chief Financial Officer of TEN Holdings, Inc. As of November 6, 2026, TEN Holdings, Inc. has reported 6 leadership change filings to the SEC under Item 5.02 of Form 8-K, from May 8, 2026 to October 5, 2026, naming 3 appointments and 1 departure (Form 8-K, October 5, 2026).

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Key facts

  • · In / out: In · Person: Ian Lawson · Role: Chief Financial Officer · 8-K, 2026-10-05
  • · In / out: In · Person: Yee Won Hiew · 8-K, 2026-09-16
  • · In / out: Reported · Person: not named in the filing · 8-K, 2026-09-04
  • · In / out: Out · Person: Yuji Ishida · Role: Director · 8-K, 2026-07-24
  • · In / out: Reported · Person: not named in the filing · 8-K/A, 2026-07-16
Changes6
In (appointed)3
Out (departing)1
Latest filing2026-10-05

TEN Holdings, Inc. reported changes in 6 filings among its directors and officers to the SEC on Form 8-K, Item 5.02, from 2026-05-08 to 2026-10-05. They name 4 people, with 3 appointments and 1 departure. Every row below is cited to the filing it comes from, and this page adds each new change as TEN Holdings, Inc. files it.

Also on the record for TEN Holdings, Inc.

DateRecordFigureOur pageSource
June 29, 2026IPO filing, Form 424B4$1 a shareIPO filingsSource
June 23, 2026IPO filing, Form S-1/A—IPO filingsSource
June 3, 2026IPO filing, Form S-1/A—IPO filingsSource
June 1, 2026IPO filing, Form S-1/A—IPO filingsSource
April 6, 2026IPO filing, Form S-1—IPO filingsSource
July 18, 2025IPO filing, Form S-1—IPO filingsSource
February 14, 2025IPO filing, Form 424B4$6 a shareIPO filingsSource
February 5, 2025IPO filing, Form S-1/A—IPO filingsSource
January 3, 2025IPO filing, Form S-1/A—IPO filingsSource
December 30, 2024IPO filing, Form S-1/A—IPO filingsSource
December 26, 2024IPO filing, Form S-1/A—IPO filingsSource
December 18, 2024IPO filing, Form S-1/A—IPO filingsSource

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Timeline

FiledIn / outPersonRoleEffectiveSource
2026-10-05InChief Financial Officer8-K, 2026-10-05
2026-09-16In8-K, 2026-09-16
2026-09-04Reportednot named in the filing8-K, 2026-09-04
2026-07-24OutDirector8-K, 2026-07-24
2026-07-16Reportednot named in the filing8-K/A, 2026-07-16
2026-05-08InChief Executive Officer2026-05-088-K, 2026-05-08

Who leads TEN Holdings, Inc., as last reported?

For each role that changed in the filings below, the most recent change reported. A role that did not change in these filings is not listed.

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Every change, in the filing's words

Filed 2026-10-05 · 8-K

Appointed: Ian Lawson, Chief Financial Officer

On September 30, 2026, the Board appointed Mr. Ian Lawson, a Managing Director at Everest Advisors LLC ("Everest"), to serve as Interim Chief Financial Officer of the Company, effective immediately.

Also stated in this filing

  • Resignation of Chief Financial Officer On September 30, 2026, Mr. Virgilio D. Torres and the Board of Directors (the "Board") of TEN Holdings, Inc. (the "Company) mutually agreed Mr. Torres would step down as Chief Financial Officer, principal financial officer and principal accounting officer of the Company, effective immediately, in order to focus on his responsibilities as Chief Executive Officer of the Company.
  • Mr. Torres' resignation was not due to any disagreement with the Company, its management, or the Board on any matter relating to the Company's operations, policies or practices.
  • Mr. Lawson will also serve as the Company's principal financial officer and principal accounting officer.
  • Mr. Lawson will provide Interim Chief Financial Officer services pursuant to a consulting agreement the Company entered into with Everest on September 30, 2026 (the"Consulting Agreement").
  • Under the Consulting Agreement, the Company will pay Everest $4,000 per month and will reimburse Mr. Lawson directly for reasonable travel and other incidental expenses consistent with the other executives of the Company and subject to the Company's expense reimbursement policy.
  • The Consulting Agreement may be terminated by the Company or Everest upon 30 days written notice.
  • Mr. Lawson, age 59, has been associated with Everest, a fractional executive and advisory firm, since June 2026.
Filed 2026-09-16 · 8-K

Appointed: Yee Won Hiew

On September 16, 2026, the Board of Directors (the "Board") of TEN Holdings, Inc. (the "Company") appointed Ms. Yee Won Hiew, effective immediately, to fill the vacancy on the Board created by the departure of Mr. Randolph Wilson Jones III on May 8, 2026.

Also stated in this filing

  • Ms. Hiew will serve on the Board until the Company's 2026 annual meeting of shareholders or until her successor is duly elected and qualified or her earlier resignation or removal.
  • The Board also appointed Ms. Hiew to serve as a member of the Audit Committee of the Board (the "Audit Committee") and the Nominating and Corporate Governance Committee of the Board (the "Nominating and Corporate Governance Committee").
  • As compensation for service as a non-employee director Ms. Hiew will receive an annual cash retainer of $10,000.
  • The Company also entered into its standard form of indemnification agreement with Ms. Hiew, pursuant to which the Company has agreed to indemnify Ms. Hiew to the maximum extent of the coverage permitted by applicable law.
Filed 2026-09-04 · 8-K

Reported

On September 2, 2026, Mr. Gan Yong Sheng, a member of the Board of Directors (the "Board") of TEN Holdings, Inc. (the "Company"), notified the Board of his intent not to stand for re-election to the Board at the end of his current term, which ends on the date of the Company's 2026 Annual Meeting of Stockholders.
Filed 2026-07-24 · 8-K

Departing: Yuji Ishida, Director

On July 23, 2026, Mr. Yuji Ishida, a member of the Board of Directors (the "Board") of the Company, notified the Board of his resignation as a member of the Board, including his role as member and chair of the Audit Committee of the Board, effective immediately.

Also stated in this filing

  • Mr. Ishida's resignation was not due to any disagreement with the Company, its management, or the Board on any matter relating to the Company's operations, policies or practices.
  • Appointment of Director On July 24, 2026, the Board appointed Mr. Kevin Cheong Jia Jin, effective immediately, to fill the vacancy on the Board created by the departure of Mr. Ishida.
  • Mr. Cheong Jia Jin will serve on the Board until the Company's 2026 annual meeting of shareholders or until his successor is duly elected and qualified or his earlier resignation or removal.
  • The Board also appointed Mr. Cheong Jia Jin to serve as a member of the Compensation Committee of the Board (the "Compensation Committee").
  • As compensation for service as a non-employee director Mr. Cheong Jia Jin will receive an annual cash retainer of $10,000.
  • The Company also entered into its standard form of indemnification agreement with Mr. Cheong Jia Jin, pursuant to which the Company has agreed to indemnify Mr. Cheong Jia Jin to the maximum extent of the coverage permitted by applicable law.
Filed 2026-07-16 · 8-K/A

Reported

On May 8, 2026, TEN Holdings, Inc. (the "Company") filed a Current Report on Form 8-K (the "Original Filing") reporting, among other things, the appointment of Mr. Virgilio Torres, the Company's then Chief Financial Officer, as the Company's Chief Executive Officer and Chairman of the Board of Directors of the Company (the "Board") effective May 8, 2026.

Also stated in this filing

  • This Amendment No. 1 supplements the Original Filing and should be read in conjunction with the Original Filing.
  • In connection with Mr. Torres' appointment as Chief Executive Officer of the Company, the Compensation Committee of the Board (the "Committee") approved an increase to Mr. Torres' annual base salary from $265,000 to $400,000, effective June 30, 2026, as well as a one-time cash bonus of $200,000, which is expected to be paid in 2027 in accordance with the Company's past practices on payment of bonuses.
  • Except as expressly stated herein, this Amendment No. 1 does not amend or update any other information contained in the Original Filing, which remains unchanged.
Filed 2026-05-08 · 8-K

Appointed: Virgilio Torres, Chief Executive Officer, effective 2026-05-08

On 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.

Also stated in this filing

  • Departure of Chief Executive Officer On 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.
  • In 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.
  • 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.
  • Mr. Torres will continue to be compensated pursuant to the terms of his existing employment arrangement with the Company.

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Where this comes from

A public company must file a current report on Form 8-K with the SEC within four business days when a director leaves or is elected, or when its chief executive, chief financial, chief accounting or chief operating officer, or another named executive, departs or is appointed. That disclosure goes under Item 5.02 of the report.

Every change on this page is taken from one of those filings and quoted in the company's own words, with a link to the filing, so it can be checked at the source. Where a filing names the person, the role and the date a change takes effect, they are shown beside the quote. Where it does not, the quote stands on its own. A filing states what changed; it rarely states why, and neither does this page.

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Cite this page

Permanent URL: https://mentionfox.com/executive-changes/ten-holdings
Last updated 2026-11-06
Primary record: SEC filing 1 · SEC filing 2 · SEC filing 3 · SEC filing 4
TEN Holdings, Inc. names Ian Lawson CFO (2026). MentionFox, 2026-11-06. https://mentionfox.com/executive-changes/ten-holdings