secwatch.observer — SEC 8-K summary
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Issuer:     TON Strategy Co (TONX)
CIK:        0001566610
Form:       8-K
Filed at:   2025-09-08T23:59:59+00:00
Accession:  0001641172-25-026818
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TON Strategy reports treasury asset value per share of $11.90; appoints Cantor Fitzgerald for $250M buyback
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- Treasury asset value per share of $11.90 as of Sept 7, 2025, using $TON price of $3.09.
- Engaged Cantor Fitzgerald as non-exclusive buyback agent for the $250M stock repurchase program.
- Company had 61,062,637 common shares and 1,677,996 pre-funded warrants outstanding.
- Chairman's Message published Sept 5 outlining growth strategy and TON ecosystem update.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1566610/000164117225026818/0001641172-25-026818-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1566610/000164117225026818/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-026818

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