TRON Inc. Issues 220 Million Shares in $110M Deal with Bravemorning, Resulting in Change of Control
TRON Inc. has issued 220 million shares to Bravemorning Limited for $110 million, resulting in Bravemorning owning approximately 86.6% of TRON's outstanding shares. This transaction involved a private placement of Series B Convertible Preferred Stock and the exercise of PIPE Warrants at $0.50 per share, leading to a change in control of the company.
TRON Inc., formerly known as SRM Entertainment, Inc., has issued 220,000,000 shares of its common stock to Bravemorning Limited, an entity controlled by Mr. Weike Sun, who is a member of the company’s Board of Directors. This transaction was part of a private placement involving Series B Convertible Preferred Stock. Bravemorning exercised PIPE Warrants to acquire these shares at an exercise price of $0.50 per share, paying $110,000,000 in the form of 312,500,100 TRON tokens (TRX). This issuance resulted in Bravemorning owning approximately 86.6% of TRON Inc.’s outstanding shares, leading to a change in control of the company. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TRON Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-026127), on September 02, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
