Tron Inc. issued 13,067,151 shares of common stock to Black Anthem Limited for $1.3775 per share.
“the Investor agreed to purchase 13,067,151 shares of the Company’s common stock, par value $0.0001 per share (the “Common Stock”) for a purchase price of $1.3775 per share, for gross proceeds to the Company of approximately $18 million.”
Material Agreements
Tron Inc. entered into Stock Purchase Agreement with Black Anthem Limited valued at approximately $18 million (effective 2025-12-24).
“On December 24, 2025, Tron Inc. (the “Company”) entered into a Stock Purchase Agreement (the “SPA”) with Black Anthem Limited (the “Investor”).”
Governance Changes
Tron Inc.: Increased authorized shares of common stock from 100,000,000 to 1,000,000,000 (effective 2025-08-29).
“On August 29, 2025, the Company, pursuant to a previously disclosed shareholder approval, filed a Certificate of Amendment to the Articles of Incorporation of the Company, as amended (the “ Charter Amendment ”) with the Secretary of State of the State of Nevada to increase the authorized shares of Common Stock from one hundred million (100,000,000) shares to one billion (1,000,000,000) shares.”
M&A Transactions
Tron Inc. underwent a change of control involving Weike Sun, via his control of Bravemorning.
“Following the issuance of the 220,000,000 shares of Common Stock, Mr. Weike Sun, via his control of Bravemorning, owns approximately eighty-six and six-tenths percent (86.6%) of the Company’s outstanding shares of Common Stock, resulting in a change of control of the Company.”
Governance Changes
Tron Inc.: Company changed its name from SRM Entertainment, Inc. to Tron Inc. via a Certificate of Amendment to the Articles of Incorporation, effective July 17, 2025 (effective 2025-07-17).
“On July 11, 2025, to effectuate the Name Change, the Company filed a Certificate of Amendment to the Articles of Incorporation of the Company, as amended (the “ Charter Amendment ”) with the Secretary of State of the State of Nevada.”
Governance Changes
Tron Inc.: Filed Certificate of Designation of Series B Preferred Stock (effective 2025-06-16).
“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 ”).”
Weike Sun was appointed as Chairman of the Board at Tron Inc..
“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.”
Douglas McKinnon resigned as Member of the Board at Tron Inc..
“In connection with the PIPE Offering, Douglas McKinnon resigned as a member of the Board.”
Gary Herman resigned as Member of the Board at Tron Inc..
“In connection with the PIPE Offering, on June 16, 2025, Hans Haywood and Gary Herman resigned as members of the Board.”
Hans Haywood resigned as Member of the Board at Tron Inc..
“In connection with the PIPE Offering, on June 16, 2025, Hans Haywood and Gary Herman resigned as members of the Board.”
Governance Changes
Tron Inc.: Corrected conversion price of Series A Preferred Stock from $0.50 to $0.56 per share via Amended & Restated Certificate of Designation (effective 2025-05-23).
“on May 23, 2025 the Company filed an Amended & Restated Certificate of Designation (the “ A&R Series A Certificate of Designation ”) to correct the conversion price of the Series A Preferred Stock from $0.50 per share to $0.56 per share.”
M&A Transactions
Tron Inc. completed an acquisition involving Suretone Entertainment, Inc. for $250,000 cash, 1,500,000 restricted shares of common stock valued at $0.8333 per share, and a secured promissory note of $1,500,000 (closed 2024-09-03).
“Shot, Inc. (“ Safety Shot ”). Safety Shot holds 34.27% of the Company’s common stock. In consideration for the acquired assets, the Buyer paid the Purchase Price by: (i) paying $250,000 in cash on September 3, 2024); (ii) issuing 1,500,000 restricted shares of the Company’s common stock, par value $0.001 per share (valued at $0.8333 per share); and (iii) issuing”
Douglas O. McKinnon was appointed as Director at Tron Inc..
“the Board approved the appointment of Douglas O. McKinnon, the Company’s Chief Financial Officer, as a Director”
Richard Miller was appointed as Chairman of the Board at Tron Inc..
“the Board approved the appointment of Richard Miller, the Company’s Chief Executive Officer and Director, as Chairman of the Board”
Brian S. John resigned as Director and Chairman at Tron Inc..
“Brian S. John resigned from his position as a Director and Chairman of the Board”
Material Agreements
Tron Inc. entered into Underwriting Agreement with EF Hutton, division of Benchmark Investments, LLC (effective 2023-08-14).
“On August 14, 2023, SRM Entertainment, Inc. (the “Company”) entered into an Underwriting Agreement (the “Underwriting Agreement”) with EF Hutton, division of Benchmark Investments, LLC (the “Representative”), as representative of the underwriters named therein, and Jupiter Wellness, Inc. (“Jupiter Wellness”), in connection with the Company’s initial public offering (the “IPO”) of 1,250,000 shares of common stock, par value $0.0001 (the “Common Stock”), at a price of $5.00 per share, less underwriting discounts and commissions.”
Douglas McKinnon was appointed as Chief Financial Officer at Tron Inc..
“On August 3, 2023, the Company and Jupiter Wellness entered into an Assignment and Assumption Agreement (the “McKinnon Assignment”), which became effective on August 14, 2023, to assume the employment agreement dated August 5, 2019, between Douglas McKinnon, Chief Financial Officer of the Company and former Chief Financial Officer of Jupiter Wellness, and Jupiter Wellness.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.