{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-008560","form_type":"8-K","ticker":"TONX","cik":"0001566610","company_name":"TON Strategy Co","filed_at":"2026-03-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.472483+00:00","generated_at":"2026-05-15T22:39:10.300677+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"TON Strategy terminates CEO of digital media division; Cutaia resigns board, cites governance failures","bullets":["Board terminated Rory J. Cutaia as CEO of Global Digital Media Division effective Feb 27, 2026.","Cutaia resigned from board March 1, 2026, citing disagreements over governance, oversight, and allegations of corporate waste and self-dealing.","No replacement for Cutaia's roles has been announced by the company."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-008560","json":"https://secwatch.observer/filing/0001493152-26-008560.json","markdown":"https://secwatch.observer/filing/0001493152-26-008560.md","text":"https://secwatch.observer/filing/0001493152-26-008560.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1566610/000149315226008560/0001493152-26-008560-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1566610/000149315226008560/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T22:39:10.300677+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"}