---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-004034"
form_type: "8-K"
ticker: "TONX"
cik: "0001566610"
company_name: "TON Strategy Co"
filed_at: "2026-01-28T23:59:59+00:00"
generated_at: "2026-05-16T06:59:39.985781+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CEO Veronika Kapustina to transition out; board expansion and CEO search initiated

## Summary
- CEO Veronika Kapustina agreed to step down; remains in role during search for successor.
- Company engaged Intersection Growth Partners for CEO search; Heidrick & Struggles for independent director search.
- Board currently has five members; plans to add additional independent directors.
- Company continues day-to-day operations and digital asset treasury strategy holding Toncoin (TONX).
- Transition effective as of Jan 26, 2026; press release issued Jan 28, 2026.

## SEC filing metadata
- accession: 0001493152-26-004034
- form_type: 8-K
- ticker: TONX
- cik: 0001566610
- company_name: TON Strategy Co
- filed_at: 2026-01-28T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1566610/000149315226004034/0001493152-26-004034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1566610/000149315226004034/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-004034
- JSON: https://secwatch.observer/filing/0001493152-26-004034.json
- Plain text: https://secwatch.observer/filing/0001493152-26-004034.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.