{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-011558","form_type":"8-K","ticker":"TONX","cik":"0001566610","company_name":"TON Strategy Co","filed_at":"2025-08-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.377344+00:00","generated_at":"2026-05-17T21:26:59.594105+00:00","sec_items":["1.01","7.01","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Verb Tech raises $558M in PIPE to acquire Toncoin, rebrand as TON Strategy Co.","bullets":["PIPE priced at $9.51/share for ~58.7M shares; gross proceeds ~$558M.","Majority of net proceeds to purchase Toncoin (TON) at $1.83/TON; $272.7M purchase agreement already signed.","New leadership: Manuel Stotz (Exec Chairman), Veronika Kapustina (CEO), Sarah Olsen (CFO), Peter Smith (Special Advisor).","Over 110 institutional investors participated; ~36% of shares subject to 6-12 month lock-up.","Existing business continues; Series D Preferred redeemed in full; closing expected August 7, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-011558","json":"https://secwatch.observer/filing/0001493152-25-011558.json","markdown":"https://secwatch.observer/filing/0001493152-25-011558.md","text":"https://secwatch.observer/filing/0001493152-25-011558.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1566610/000149315225011558/0001493152-25-011558-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1566610/000149315225011558/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T21:26:59.594105+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"}