Connect with us

Technology

TEN Holdings, Inc. Outlines Growth Strategy Following Closing of $7.5 Million Offering

Published

on

LANGHORNE, Pa., July 9, 2026 /PRNewswire/ — TEN Holdings, Inc. (Nasdaq: XHLD) (the “Company”), through its subsidiary, Ten Events, Inc., a provider of event planning, production, and broadcasting services, today said it intends to deploy the net proceeds from its recently completed $7.5 million offering to accelerate execution of the Company’s long-term strategy of investing in vital strategic priorities designed to accelerate growth and improve shareholder value.

These priorities, said Chairman, CEO and CFO Virgilio Torres, will include the following:

Strengthening Working Capital – Enhancing liquidity to support operations, improve financial flexibility, and position the Company to capitalize on future growth opportunities.Expanding Product Development – Accelerating development of the Company’s technology platform through expanded functionality, enhanced user experience, automation, analytics, and workflow capabilities designed to improve customer engagement and scalability.Building Artificial Intelligence Capabilities – Investing in AI-powered technologies to enhance content creation, audience insights, automation, personalization, and operational efficiencies across the platform.Pursuing Key Strategic Acquisitions – Exploring disciplined acquisition opportunities that expand the Company’s technology capabilities, recurring revenue base, customer relationships, and overall market presence.

Mr. Torres said he believes achieving the above initiatives “will strengthen our competitive position, expand our software capabilities, and create a more scalable business model capable of delivering sustainable long-term growth.”

Positioned for the Next Chapter

“This financing represents an important milestone for TEN Holdings and provides us with the capital to begin executing on the strategy we have been building over the past several months,” added Mr. Torres. “With this capital in place, we can now shift from managing through a transition period to a new phase of pursuing and attaining the key strategic priorities that will enable us to grow the Company and achieve significant improvements to our top and bottom lines.

“At the same time,” said Mr. Torres, “we intend to remain committed to prudent capital allocation and maintaining financial discipline as we scale.”

“With this financing, we believe TEN Holdings is now better positioned to build a stronger, more diversified technology business while creating long-term value for our shareholders. We look forward to pursuing and achieving these opportunities.”

Today’s news follows the Company’s press release of June 30 announcing the successful closing of its previously announced offering, generating gross proceeds of approximately $7.5 million before deducting offering expenses.

About TEN Holdings, Inc.

TEN Holdings, Inc., through its subsidiary, Ten Events, Inc., is a provider of event technology, planning, production, and broadcasting services headquartered in Pennsylvania. The Company produces virtual, hybrid, and physical events supported by its Ten Events Pro platform. To learn more, visit www.tenholdingsinc.com.

Forward-Looking Statements

Certain statements contained in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including, but not limited to: statements regarding the use of proceeds and the Company’s growth strategy, and the uncertainties related to market conditions and other factors discussed in the “Risk Factors” section of the Company’s most recent Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the “SEC”) and other filings with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Any forward-looking statements contained in this press release speak only as of the date hereof, and TEN Holdings, Inc. specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

For more information, please contact:

Investor Relations Inquiries:

Skyline Corporate Communications Group, LLC
Scott Powell, President
1177 Avenue of the Americas, 5th Floor
New York, New York 10036
Office: (646) 893-5835
Email: IR@skylineccg.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/ten-holdings-inc-outlines-growth-strategy-following-closing-of-7-5-million-offering-302822252.html

SOURCE TEN Holdings, Inc.

Continue Reading

Technology

EMERGE to Host Investor Webcast Today (September 24) at 11am ET

Published

on

By

TORONTO, Sept. 24, 2026 /CNW/ — EMERGE Commerce Ltd. (TSXV: ECOM) (“EMERGE” or the “Company”), an acquirer and operator of profitable e-commerce brands and technologies, announces that EMERGE Founder and CEO, Ghassan Halazon, and EMERGE CFO, Mike Murphy, will host a virtual corporate presentation today (Thursday, September 24, 2026) at 11:00am ET.

During the webcast, Mr. Halazon and Mr. Murphy will discuss the recently completed senior debt refinancing with Desjardins, in addition to the Company’s overall operational progress and upcoming plans, followed by some Q&A with investors.

Investors are welcome to submit questions in advance to investor@emerge-brands.com.

Register Here:
https://us06web.zoom.us/webinar/register/WN_gq8YlPTCQRymtk93mvIcew

About EMERGE
EMERGE Commerce (TSXV: ECOM) is a disciplined acquirer and operator of profitable e-commerce brands and technologies across Direct-to Consumer (“D2C”) and Business-to-Business (“B2B”) segments. Our D2C portfolio spans our Grocery and Golf verticals. truLOCAL is our flagship Canadian meat and seafood subscription service. Our Golf vertical includes UnderPar (discounted golf experiences), JustGolfStuff and Tee 2 Green (discounted apparel and equipment). EMERGE B2B houses Viral Loops, our referral marketing platform. 

Follow EMERGE:
LinkedIn | X | Instagram | Facebook

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

On Behalf of the Board
Ghassan Halazon
Director, President, and CEO
EMERGE Commerce Ltd

SOURCE Emerge Commerce Ltd.

Continue Reading

Technology

Infinix Launches GT NX Series Peripherals: Redefine Mobile Gaming Boundaries to Deliver Native Console-Grade Experience for Gamers

Published

on

By

HONG KONG, Sept. 24, 2026 /PRNewswire/ — Infinix, a leading global technology brand, today officially unveiled its flagship gaming peripheral of the year — the GT NX Series Peripherals. While the mobile gaming market continues to expand, players are increasingly seeking a more professional and immersive experience. High-frame-rate, high-fidelity mobile games impose stringent demands on smartphones in terms of thermal management, network stability, and display output. To fully unlock this potential, the GT NX Series introduces dedicated physical controls and industry-leading haptic feedback, providing gamers with tactile precision, ergonomic comfort, and a true console-grade feel right in the palm of their hands.

Most mobile gaming peripherals available today are fragmented and single-purpose: docking stations only handle video mirroring, cooling fans merely address overheating, and game controllers often come with high latency. Gamers have to purchase multiple separate accessories and spend time on complicated setup. To tackle these industry pain points, Infinix officially unveiled the GT NX Controller and GT NX Station multi-functional esports docking station. This integrated hardware connects control, cooling, display output and port expansion in one complete workflow, transforming a smartphone into a portable gaming console for versatile scenarios.

GT NX Controller: Reimagining Mobile Game Controls, A Professional Split Controller for Mobile Gamers

Mobile games are originally designed for interaction, and many standard controllers are not able to replicate the nuanced precision of touchscreen operation.The GT NX Controller brings innovative solutions to the table. It is equipped with the world’s first Pixel-Level FPS Precision Touchpad in a mobile games controller, bridging the precision gap of touch aiming and delivering mouse-like accuracy for mobile FPS titles.

The GT NX Controller adopts an esports-grade three-chip low-latency architecture that achieves Millisecond-Level Direct Connect. It features dual chips in the left handle and a dedicated chip for the right handle. Whether you perform flick shots in FPS games or team fights in MOBA games, every input stays responsive and consistent. Boasting Mega Power for 22+ Hours of Gameplay, it supports marathon gaming sessions on the go. The controller features Industry-Leading FPS Tactical Haptics Sync, supports 3-level haptic intensity adjustment (Low/Medium/High) in XArena. The native mode is compatible with the game’s native vibration and mapping mode comes with industry-first FPS haptics: 1s long vibration on aircraft takeoff and parachuting, plus 500ms vibration for each final circle shrink. With handheld-console-grade physical feedback, round results feel more immediate. Tactile cues such as zone-shrink alerts aid game-state judgment and greatly enhance immersion.

The Ergonomic Laser-Textured Grip Design delivers enhanced anti-slip comfort during extended play. It supports Multiple Play Modes Across Scenarios, including phone clamping, desktop gaming and portable single-hand play, to accommodate both large-screen gaming at home and quick matchups outdoors.

GT NX Station: Industry-First 9-in-1 Expansion Dock with Built-In TEC Cooling

Thermal throttling triggered by overheating during prolonged intensive gaming is one of the most frustrating pain points for mobile players. As the industry’s first docking station with integrated TEC cooling, the GT NX Station breaks the traditional definition of docking hubs that only offer port conversion.

It supports Universal Extend or Mirror on any compatible screen, allowing gamers to cast mobile gameplay onto monitors or TVs and shift from small touchscreens to large-screen immersive gaming.  The station features Dynamic RGB Lighting to build an immersive esports atmosphere. It packs a full suite of 9-in-1 ports: HDMI Port, RJ45 Ethernet, 2 USB-A Ports, USB-C Host Cable, USB-C, USB-C PD Input, microSD Card Slot and 3.5mm Audio.

From users’ perspective, this design solves multiple real-world challenges in one unit: wired Ethernet prevents packet loss and lag caused by unstable Wi-Fi; PD pass-through charging sustains power during long gaming sessions to the docking station and it can provide mobile phones charging; gamers can easily connect external keyboards, headsets and storage drives. The built-in TEC cooling suppresses phone temperatures continuously to avoid frame drops and quality reduction triggered by thermal throttling. Users no longer need a pile of separate accessories including cooling back clips, adapters and network dongles. A single unit builds a complete desktop mobile gaming setup.

GT NX Controller & Station: Elevate Mobile Gaming on Smart Phones

Mobile gaming frequently suffers from imprecise touch‑only inputs, cramped small‑screen views and thermal throttling under high loads. Gamers keep all their game accounts and progress stored on their phones, yet cannot reach console‑grade gameplay purely with touch operations. Paired with GT‑series phones, the GT NX Controller and GT NX Station deliver tangible hardware‑driven upgrades to the mobile gaming experience.

Take the GT NX Controller out for on‑the‑go handheld gaming. Equipped with a large‑format glass touchpad, it supports both swipe and mouse‑mode operation. Its 4‑zone independent mapping enables efficient skill casting for MOBA titles, while delivering segmented precise aiming for FPS gameplay. Mapping mode unlocks play for mobile games without native controller support. Multiple flexible form‑factors support single‑player competitive matches as well as local two‑player versus sessions.

For desktop setups, mounting a GT-series smartphone onto the GT NX Station creates a comprehensive large‑screen gaming rig. The docking station integrates industry‑first foldable built‑in TEC active cooling, alongside a full 9‑in‑1 port portfolio and dual display‑output options. Mirror mode replicates the smartphone screen onto monitors or TVs while Extend mode enables true independent dual‑screen workflow—rendering game content on the external large display, while the smartphone handles background tasks such as checking strategy guides, replying to messages or powering down the phone display entirely to reduce power consumption and thermal load. Additionally, the integrated RJ45 wired Ethernet further eliminates Wi‑Fi fluctuations for stable competitive online matches.

Built for hardcore mobile gamers, FPS enthusiasts and mobile content creators, this hardware combo preserves players’ existing game accounts and in‑game saves, delivering console-grade control accuracy, thermal performance and big‑screen gameplay, without needing to switch between smartphones, consoles or PCs.

*Disclaimer: Universal Extend and Mirror modes are limited to selected Infinix devices with XOS 16.3+, and USB-C Android/iOS devices with native DP output. Other USB-C Android devices need driver installation through this docking station. Functionality requires supported mobile hardware. Compatibility differs by device, software and external display. External screens must have an HDMI input port.

About Infinix

Established in 2013, Infinix is an innovation-driven brand dedicated to delivering cutting-edge technology, bold design, and outstanding performance. The brand provides smart, enjoyable mobile experiences that enhance everyday life. Beyond smartphones, Infinix has expanded its portfolio to include TWS earbuds, smartwatches, laptops, tablets, smart TVs, and more — building a comprehensive ecosystem of smart devices. Currently, Infinix products are available in over 70 countries and regions worldwide, including Africa, Latin America, the Middle East, South Asia, and Southeast Asia.

For more information, please visit: http://www.infinixmobility.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/infinix-launches-gt-nx-series-peripherals-redefine-mobile-gaming-boundaries-to-deliver-native-console-grade-experience-for-gamers-302888901.html

SOURCE Infinix Mobility

Continue Reading

Technology

Canaan Inc. to Exhibit at BTCHEL Conference: Showcasing Hash-to-Heat Solutions from District Networks to Home Solutions

Published

on

By

SINGAPORE, Sept. 24, 2026 /PRNewswire/ — Canaan Inc. (NASDAQ: CAN) (“Canaan” or the “Company”), an innovator in computing and energy infrastructure, announced today that it will exhibit at BTCHEL, held in Helsinki, Finland, on September 25 and 26. At the event, Canaan will demonstrate how its technology helps energy providers decarbonize district heating, turning Bitcoin mining from an energy consumer into a contributor to sustainable energy infrastructure.

From Hash to Heat: 8 MW Nordic District Heating Project Fully Online

Widely recognized as a global leader in district heating, the Nordic region is recovering a growing supply of heat from sources that would otherwise go to waste, including from Canaan’s Avalon A1566HA hydro-cooled units, which put high-density computing to work as a heat source. The units produce hot water at approximately 80°C that feeds directly into existing district heating networks. 

Selected by a leading Nordic heating provider following a competitive evaluation, the A1566HA platform has replaced the provider’s conventional heating solutions. As of September 2026, heat from the approximately 8 MW installation has been delivered to approximately 2,800 homes.

From Industrial to Home Heating: Exploring the Avalon Home Miner Series

Canaan’s approach to heat reuse runs from municipal heating networks to individual homes. At BTCHEL, Canaan will showcase its Avalon Home Miner series, which brings sustainable computing and quiet heating directly into users’ living rooms.  

For households seeking quiet operation and useful heat, the lineup includes:  

Avalon Nano 3S: A micro-Bitcoin miner designed for desktop placement, emphasizing quiet operation and portability. Delivering 6 TH/s at a maximum of 140 watts, it runs at just 30–40 dB and doubles as a gentle desktop heater. It is ideal as an entry-level device for hobbyists and tech enthusiasts exploring solo mining.Avalon Mini 3: A smart device designed to combine Bitcoin mining with space heating, allowing computing-generated heat to be repurposed for residential use. As slim as a baseboard heater, it delivers 37.5 TH/s of hashrate alongside 800 watts of heating output, operating from just 33 dB, with dedicated Heater, Mining, and ultra-quiet Night modes.AvalonQ: Engineered for modern living, AvalonQ delivers a rated hashrate of 90 TH/s, quiet operation from 45 dB, three adaptive power modes, and intuitive control through the Avalon Family app — Bitcoin mining designed to fit seamlessly into daily life.

As a pioneer in the Bitcoin mining hardware industry, Canaan remains focused on integrating computing infrastructure with diverse energy resources and applications. The Company invites BTCHEL attendees, media representatives, and industry partners to visit Canaan at booth #6 to see and experience hash-to-heat in action.  

About Canaan Inc.

Established in 2013, Canaan Inc. (NASDAQ: CAN), is a technology company focusing on ASIC high-performance computing chip design, chip research and development, computing equipment production, and software services. Canaan has extensive experience in chip design and streamlined production in the ASIC field. In 2013, Canaan’s founding team shipped to its customers the world’s first batch of mining machines incorporating ASIC technology under the brand name Avalon. In 2019, Canaan completed its initial public offering on the Nasdaq Global Market. To learn more about Canaan, please visit https://www.canaan.io/.

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as Canaan Inc.’s strategic and operational plans, contain forward-looking statements. Canaan Inc. may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”) on Forms 20-F and 6-K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Canaan Inc.’s beliefs and expectations, such as expectations with regard to revenue or mining hash rate deployment, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s goals and strategies; the Company’s future business development, the ability of the Company to execute against its goals, financial condition and results of operations; the expected growth of the bitcoin industry and the price of bitcoin; the Company’s expectations regarding demand for and market acceptance of its products, especially its bitcoin mining machines; the Company’s expectations regarding maintaining and strengthening its relationships with production partners and customers; the Company’s investment plans and strategies, fluctuations in the Company’s quarterly operating results; competition in its industry; changing macroeconomic and geopolitical conditions, including evolving international trade policies and the implementation of increased tariffs, import restrictions, and retaliatory trade actions; and relevant government policies and regulations relating to the Company and cryptocurrency. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Canaan Inc. does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

View original content to download multimedia:https://www.prnewswire.com/news-releases/canaan-inc-to-exhibit-at-btchel-conference-showcasing-hash-to-heat-solutions-from-district-networks-to-home-solutions-302888089.html

SOURCE Canaan Inc.

Continue Reading

Trending