secwatch.observer — SEC 8-K summary
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Issuer:     Tron Inc. (TRON)
CIK:        0001956744
Form:       8-K
Filed at:   2024-09-06T23:59:59+00:00
Accession:  0001493152-24-035241
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SRM acquires film "The Kid" assets for $3M; related-party note and shares
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- Acquired movie "The Kid" (dir. Vincent D'Onofrio) assets from Suretone Entertainment for $3M total.
- Paid $250k cash, 1.5M restricted SRM shares ($0.8333/share), and a $1.5M secured note at 8% due Sep 2025.
- Jordan Schur (Suretone CEO) is a Safety Shot board member; Safety Shot holds 34.27% of SRM – related-party deal.
- Note secured by purchased assets; accelerates on bankruptcy, SEC filing failure, or Nasdaq delisting.
- Shares issued without registration under Section 4(a)(2) of the Securities Act.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1956744/000149315224035241/0001493152-24-035241-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1956744/000149315224035241/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-035241

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