TEN Holdings Board Authorizes New $2M Share Repurchase Program And Approves Establishment Of Strategic Technology And Engineering Relationship With GLSoft

TEN Holdings, Inc. has authorized a new share repurchase program of up to $2 million, which will be effective through December 31, 2026. The company will also establish a strategic technology and engineering relationship with GLSoft Corp., allowing it to leverage GLSoft's capabilities for product engineering and software development. This new relationship is expected to enhance TEN Holdings' flexibility in various technology initiatives. Additionally, the existing share repurchase program administered through Bancroft Capital, LLC has been terminated.