{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-026325","form_type":"8-K","ticker":"TONX","cik":"0001566610","company_name":"TON Strategy Co","filed_at":"2025-09-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.376599+00:00","generated_at":"2026-05-17T08:30:53.685473+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"TON Strategy Company approves $250M stock repurchase program; ticker now TONX","bullets":["Board unanimously approved open-ended program to repurchase up to $250M of common stock.","Program aims to grow NAV per share; company may buy back stock at discount to NAV or issue stock at premium.","TON Strategy Company (formerly Verb Technology) began trading as TONX on Nasdaq on September 2, 2025.","Repurchases may be made via open market or private transactions; no obligation to buy any minimum number of shares."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-026325","json":"https://secwatch.observer/filing/0001641172-25-026325.json","markdown":"https://secwatch.observer/filing/0001641172-25-026325.md","text":"https://secwatch.observer/filing/0001641172-25-026325.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1566610/000164117225026325/0001641172-25-026325-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1566610/000164117225026325/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T08:30:53.685473+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"}