---
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"
generated_at: "2026-05-19T07:06:10.452510+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# SRM Entertainment raises $100M in PIPE through 100K Series B shares convertible at $0.50, appoints three new directors

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 3.02, 3.03, 5.02, 5.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-015300
- JSON: https://secwatch.observer/filing/0001641172-25-015300.json
- Plain text: https://secwatch.observer/filing/0001641172-25-015300.txt

## Key facts
- Executive change
  Hans Haywood resigned as Member of the Board at Tron Inc..
  - Action: resigned
  - Role: Member of the Board
  source text: In connection with the PIPE Offering, on June 16, 2025, Hans Haywood and Gary Herman resigned as members of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1956744/000164117225015300/0001641172-25-015300-index.htm
- Executive change
  Weike Sun was appointed as Chairman of the Board at Tron Inc..
  - Action: appointed
  - Role: Chairman of the Board
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1956744/000164117225015300/0001641172-25-015300-index.htm
- Executive change
  Gary Herman resigned as Member of the Board at Tron Inc..
  - Action: resigned
  - Role: Member of the Board
  source text: In connection with the PIPE Offering, on June 16, 2025, Hans Haywood and Gary Herman resigned as members of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1956744/000164117225015300/0001641172-25-015300-index.htm
- Executive change
  Douglas McKinnon resigned as Member of the Board at Tron Inc..
  - Action: resigned
  - Role: Member of the Board
  source text: In connection with the PIPE Offering, Douglas McKinnon resigned as a member of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1956744/000164117225015300/0001641172-25-015300-index.htm
- Governance Changes
  Tron Inc.: Filed Certificate of Designation of Series B Preferred Stock (effective 2025-06-16).
  - Change: charter amendment
  - Effective: 2025-06-16
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1956744/000164117225015300/0001641172-25-015300-index.htm

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