{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-029781","form_type":"8-K","ticker":"TONX","cik":"0001566610","company_name":"TON Strategy Co","filed_at":"2026-06-23T20:05:34+00:00","discovered_at":"2026-06-23T20:07:00.257037+00:00","generated_at":"2026-06-23T20:07:35.270076+00:00","sec_items":["3.01"],"event_type":"regulatory","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"TON Strategy receives Nasdaq reprimand for excess equity awards; listing continues","bullets":["Violated Nasdaq Rule 5635(c) by issuing equity awards in excess of shareholder-approved 2019 Plan.","Self-reported violation; Staff determined failure not deliberate, issued reprimand instead of delisting.","Company obtained shareholder ratification for prior grants and rescinded recent officer/director awards.","Shares continue trading on Nasdaq under ticker TONX; matter closed after this 8-K filing."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-029781","json":"https://secwatch.observer/filing/0001493152-26-029781.json","markdown":"https://secwatch.observer/filing/0001493152-26-029781.md","text":"https://secwatch.observer/filing/0001493152-26-029781.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1566610/000149315226029781/0001493152-26-029781-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1566610/000149315226029781/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T20:07:35.270076+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"}