other_material
confidence high
sentiment neutral
materiality 0.60
Tron Inc. amends PIPE warrants to allow exercise with TRX tokens
Tron Inc.
- Exercise price of up to 220M warrants may now be paid in TRON tokens (TRX) at holder's election.
- TRX value determined by CoinMarketCap closing price on day prior to exercise.
- Holder Bravemorning Limited is controlled by board member Weike Sun; he recused from vote.
- Other warrant terms unchanged; original exercise price remains $0.50 per share.
item 1.01item 9.01