V-Cube, Inc. has reported a significant ownership stake in TEN Holdings, Inc. through a recent filing. The company disclosed ownership of 22.8 million shares, which represents a notable position in the business services sector. This move could have implications for both V-Cube and TEN Holdings as they navigate the evolving landscape of their industry.

Background

V-Cube, Inc. is a Japanese company based in Tokyo, incorporated in the state of M0. It is categorized as an 'other' entity type and does not have a specific SIC description listed. The company recently made several filings, including a Schedule 13G/A and Form 4, all dated November 13, 2026, which indicates active engagement in its investment activities.

What the Filing Says

In the Form 3 filing, V-Cube, Inc. reported that it owns 22,800,000 shares of common stock in TEN Holdings, Inc. The filing specifies that this ownership is direct, indicating a substantial stake in the company.

Impact

This ownership stake may affect various stakeholders, including investors and analysts observing the business services sector. With V-Cube holding more than 10% of TEN Holdings, it could influence strategic decisions and future directions for both companies.

What's Next

The filing does not say what happens next.

Ownership Details

The filing indicates that V-Cube, Inc. holds 22,800,000 shares of common stock in TEN Holdings, Inc., which corresponds to more than 10% of the company's total shares. This level of ownership categorizes V-Cube as a ten percent owner, which may subject the company to additional regulatory obligations under the Securities Exchange Act.

Company Information

V-Cube, Inc. is headquartered at NBF Platinum Tower, 1-17-3 Shirokane, Minato-ku, Tokyo, Japan, with a fiscal year ending on December 31. The company has appointed Jun Mizutani as its representative director and CEO, who signed the ownership document on November 6, 2026.

Issuer Details

TEN Holdings, Inc., the issuer of the shares, is incorporated in Nevada and operates within the business services sector, specifically classified under services-business services, NEC. The company's business address is located at 1170 Wheeler Way, Langhorne, Pennsylvania, with a fiscal year also ending on December 31.

Power of Attorney

The filing includes a Power of Attorney granted to Jun Mizutani, allowing him to execute various forms related to V-Cube's ownership of TEN Holdings, including Forms 3, 4, and 5, as well as Schedules 13D and 13G. This delegation of authority underscores the company's commitment to compliance with SEC regulations.

Additional Context

The filing does not provide insights into V-Cube's strategic intentions regarding its investment in TEN Holdings, nor does it detail any potential plans for future transactions or changes in ownership structure.