{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-015300","form_type":"8-K","ticker":"TRON","cik":"0001956744","company_name":"Tron Inc.","filed_at":"2025-06-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.562039+00:00","generated_at":"2026-05-19T07:06:10.452510+00:00","sec_items":["1.01","3.02","3.03","5.02","5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"SRM Entertainment raises $100M in PIPE through 100K Series B shares convertible at $0.50, appoints three new directors","bullets":["Issued 100,000 Series B Preferred Stock shares convertible into 200M common shares at $0.50, plus warrants for 220M shares at $0.50.","Purchase price of $100M to be paid in TRON tokens by June 30, 2025; tokens held in custodian wallet controlled by Board.","Three directors (Hans Haywood, Gary Herman, Douglas McKinnon) resigned; Weike Sun (Chairman), Zhihong Liu, Zi Yang appointed.","Employment agreements of CEO, CFO, President, VP amended to limit compensation to legacy consumer products business, not TRON operations.","Conversion limited to 19.99% of outstanding common stock until stockholder approval; dividend rights on as-converted basis."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-015300","json":"https://secwatch.observer/filing/0001641172-25-015300.json","markdown":"https://secwatch.observer/filing/0001641172-25-015300.md","text":"https://secwatch.observer/filing/0001641172-25-015300.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1956744/000164117225015300/0001641172-25-015300-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1956744/000164117225015300/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T07:06:10.452510+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":[{"claim_id":"1b6801e766","claim":"Hans Haywood resigned as Member of the Board at Tron Inc..","evidence_excerpt":"In connection with the PIPE Offering, on June 16, 2025, Hans Haywood and Gary Herman resigned as members of the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1956744/000164117225015300/0001641172-25-015300-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Member of the Board"}],"fact_type":"executive_change"},{"claim_id":"1ca0da7207","claim":"Weike Sun was appointed as Chairman of the Board at Tron Inc..","evidence_excerpt":"In connection with the PIPE Offering, on June 16, 2025, Weike Sun (“Mr. Sun”), Zhihong Liu, and Zi Yang were appointed as members of the Board. Mr. Sun was named Chairman of the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1956744/000164117225015300/0001641172-25-015300-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chairman of the Board"}],"fact_type":"executive_change"},{"claim_id":"42d594933b","claim":"Gary Herman resigned as Member of the Board at Tron Inc..","evidence_excerpt":"In connection with the PIPE Offering, on June 16, 2025, Hans Haywood and Gary Herman resigned as members of the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1956744/000164117225015300/0001641172-25-015300-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Member of the Board"}],"fact_type":"executive_change"},{"claim_id":"6e2b7abe59","claim":"Douglas McKinnon resigned as Member of the Board at Tron Inc..","evidence_excerpt":"In connection with the PIPE Offering, Douglas McKinnon resigned as a member of the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1956744/000164117225015300/0001641172-25-015300-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Member of the Board"}],"fact_type":"executive_change"},{"claim_id":"3d6a0153ddd1809b666d78beafd7c70acd7d4629","claim":"Tron Inc.: Filed Certificate of Designation of Series B Preferred Stock (effective 2025-06-16).","evidence_excerpt":"Pursuant to the PIPE Offering, on June 16, 2025, the Company filed a Certificate of Designation of Series B Preferred Stock with the Secretary of State of the State of Nevada (the “ Series B Certificate of Designation ”).","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1956744/000164117225015300/0001641172-25-015300-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2025-06-16"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}