{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-040836","form_type":"8-K","ticker":"TONX","cik":"0001566610","company_name":"TON Strategy Co","filed_at":"2024-10-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.818108+00:00","generated_at":"2026-05-30T15:25:02.120030+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"medium","headline":"Verb Technology CEO says cash $17.2M vs $3.8M market cap; three business units growing","bullets":["Market cap ~$3.8M, cash $17.2M, debt only ~$125K SBA loan at 3.75%.","Reverse stock split approved by stockholders on Sep 26 to maintain Nasdaq listing; float now 763,230 shares.","Three business units: MARKET.live (TikTok partnership), Go Fund Yourself Show (crowdfunding), and a stealth unit.","CEO expects Q3 and Q4 results to sequentially improve; no specific revenue/EPS guidance provided.","Warrants expired or far out of the money; no hedge fund short-selling via cheap warrants."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-040836","json":"https://secwatch.observer/filing/0001493152-24-040836.json","markdown":"https://secwatch.observer/filing/0001493152-24-040836.md","text":"https://secwatch.observer/filing/0001493152-24-040836.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1566610/000149315224040836/0001493152-24-040836-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1566610/000149315224040836/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T15:25:02.120030+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}