other material
confidence high
sentiment negative
materiality 0.90
Tron Inc. issues 200M common shares to Bravemorning, giving it 88.5% ownership
Tron Inc.
- On April 2, 2026, Tron converted all 100,000 Series B Preferred shares into 200,000,000 common shares at $0.50 per share.
- Bravemorning Limited, controlled by Chairman Weike Sun, now holds 88.5% of outstanding common stock.
- Total outstanding common shares after conversion: 474,382,064; no Series B Preferred remains.
- Shares issued under Section 4(a)(2) exemption; no registration or public offering involved.