---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-006232"
form_type: "8-K"
ticker: "TONX"
cik: "0001566610"
company_name: "TON Strategy Co"
filed_at: "2025-04-25T23:59:59+00:00"
generated_at: "2026-05-23T05:50:59.623835+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Verb Technology sells $5M Series D Preferred Stock to Streeterville Capital

## Summary
- Issued 5,000 shares of Series D Non-Convertible, Non-Voting Preferred Stock at $1,000 per share for total $5,000,000.
- Series D Preferred has $1,200 face value, accrues 9% annual return payable quarterly in cash or additional shares at Company's election.
- Proceeds from the private placement will be used for general corporate purposes.
- Company filed Certificate of Designation on April 23, 2025, authorizing up to 7,500 shares of Series D Preferred.
- Sale was exempt from registration under Section 4(a)(2) of the Securities Act.

## SEC filing metadata
- accession: 0001641172-25-006232
- form_type: 8-K
- ticker: TONX
- cik: 0001566610
- company_name: TON Strategy Co
- filed_at: 2025-04-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1566610/000164117225006232/0001641172-25-006232-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1566610/000164117225006232/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-006232
- JSON: https://secwatch.observer/filing/0001641172-25-006232.json
- Plain text: https://secwatch.observer/filing/0001641172-25-006232.txt

## Key facts
- Governance Changes
  TON Strategy Co: Filed Certificate of Designation for Series D Non-Convertible Preferred Stock, designating 7500 shares with stated value, preferred return, and redemption terms (effective 2025-04-23).
  - Change: charter amendment
  - Effective: 2025-04-23
  source text: On April 23, 2025, the Company filed a certificate of designation of preferences and rights (the “Certificate of Designation”) of Series D Non-Convertible Preferred Stock (the “Series D Preferred Stock”), with the Secretary of State of Nevada, designating 7500 shares of non-convertible preferred stock, par value $0.0001 of the Company, as Series D Preferred Stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1566610/000164117225006232/0001641172-25-006232-index.htm

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