Hans Haywood
In connection with the PIPE Offering, on June 16, 2025, Hans Haywood and Gary Herman resigned as members of the Board.
Highest-materiality recent filing
Tron Inc. Q1 2026 net income $21.6M ($0.08 EPS); digital asset holdings $225.1M at fair value
Net income of $21,628,441, or $0.08 basic EPS and $0.05 diluted EPS, compared to a loss of $646,586 in Q1 2025.
Tron Inc. issues 200M common shares to Bravemorning, giving it 88.5% ownership
On April 2, 2026, Tron converted all 100,000 Series B Preferred shares into 200,000,000 common shares at $0.50 per share.
Tron Inc. expands TRX treasury to over 681.2M tokens, plans $50k daily purchases for 360 days
Total TRX treasury holdings surpass 681.2 million tokens, the largest among publicly traded companies.
Tron Inc. secures $18M strategic equity investment from Justin Sun at $1.3775/share
Black Anthem Limited, controlled by Justin Sun, buys 13,067,151 restricted shares at $1.3775 each, gross proceeds ~$18M.
Tron Inc. reports record Q3 net income of $12.2M, up from loss; shareholder equity over $239M
Net income of $12,174,266 for Q3 2025 vs net loss of $1,128,872 in Q3 2024.
Tron Inc. issues 220M shares to Bravemorning; Weike Sun gains 86.6% control
Bravemorning exercised PIPE warrants for 220M shares at $0.50/share on August 27, 2025.
Tron Inc. adds $110M to TRX treasury; largest shareholder exercises warrants for 312.5M tokens
Bravemorning exercised $110M warrants, adding 312.5M TRX tokens to treasury, total treasury now >$220M.
Tron Inc. amends PIPE warrants to allow exercise with TRX tokens
Exercise price of up to 220M warrants may now be paid in TRON tokens (TRX) at holder's election.
Tron reports Q2 net income of $1.47M vs year-ago loss; equity surpasses $111M
Net income of $1,467,855 for Q2 2025 compared to a loss of $520,971 in Q2 2024.
SRM Entertainment renamed to Tron Inc.; new Nasdaq ticker TRON effective July 17, 2025
Name changed to Tron Inc.; ticker changes to TRON on Nasdaq, effective July 17, 2025.
SRM Entertainment stakes 365M TRX tokens, plans name change to TRON Inc.
Completed $100M TRON treasury investment; staked 365,096,845 TRX tokens for yield up to 10% p.a.
SRM Entertainment appoints new Chairman and committee chairs post securities offering
Chairman Weike Sun appointed in connection with June 16 securities offering.
SRM Entertainment raises $100M equity, names Justin Sun advisor, plans name change to Tron Inc.
Securities Purchase Agreement for $100M from private investor; $210M value if warrants fully exercised.
Issued 100,000 Series B Preferred Stock shares convertible into 200M common shares at $0.50, plus warrants for 220M shares at $0.50.
Gross proceeds of $5M from sale of 5,000 Series A Convertible Preferred shares convertible into 8,928,571 common shares at $0.56 per share.
SRM Entertainment awarded three new global theme park toy programs based on $5B+ movie franchise
Awarded by a leading global theme park; toys based on a movie franchise with over $5B in global box office.
Manufactures in China but passes title to largest customers there, making them responsible for shipping, tariffs, and duties.
Offering of 1,580,000 shares at $0.7385 per share and 712,133 pre-funded warrants at $0.7384 per warrant.
SRM Entertainment prices $1.7M registered direct offering at $0.7385/share
Offering of ~$1.7M in common stock (or equivalents) at $0.7385/share to an institutional investor.
SRM Entertainment secures $905K order for misting fans from major Orlando theme park
Initial order of $820K for US parks and $85K for international parks from a major Orlando theme park.
SRM Entertainment launches SRM Media division, acquires Suretone Pictures' film 'The Kid'
New division SRM Media will acquire and distribute films; first acquisition is 'The Kid' (2019) starring Ethan Hawke and Chris Pratt.
SRM Entertainment receives Nasdaq deficiency notice for bid price below $1.00
Received Nasdaq deficiency letter on October 21, 2024 for non-compliance with minimum bid price requirement.
SRM Entertainment raises ~$1.04M in registered direct offering of 1.71M shares at $0.61
Entered into four SPAs with accredited investors for 1,711,477 shares at $0.61, gross proceeds ~$1,044,000.
SRM Entertainment acquires initial film assets from Suretone Pictures; plans 2025 merger
Closed initial transaction on Sept 3, 2024, transferring first film assets to SRM.
SRM acquires film "The Kid" assets for $3M; related-party note and shares
Acquired movie "The Kid" (dir. Vincent D'Onofrio) assets from Suretone Entertainment for $3M total.
SRM Entertainment receives $900K retail value order for 36,000+ misting fans
36,000+ unit order for SRM's Misting Fans, retail value ~$900,000.
In connection with the PIPE Offering, on June 16, 2025, Hans Haywood and Gary Herman resigned as members of the Board.
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.
In connection with the PIPE Offering, on June 16, 2025, Hans Haywood and Gary Herman resigned as members of the Board.
In connection with the PIPE Offering, Douglas McKinnon resigned as a member of the Board.
the Board approved the appointment of Douglas O. McKinnon, the Company’s Chief Financial Officer, as a Director
Brian S. John resigned from his position as a Director and Chairman of the Board
the Board approved the appointment of Richard Miller, the Company’s Chief Executive Officer and Director, as Chairman of the Board
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.
Max materiality 0.90 · Median 0.60 · Most common event other_material