TRON Seeks $1 Billion SEC Approval Amid $100M TRX Deal

- Filing to raise $1 billion through a mixed securities shelf offering - Completion of a $100 million TRX-funded PIPE deal alongside significant leadership changes On July 28, 2025, TRON Inc. filed a Form S-3 registration statement with the U.S. Securities and Exchange Commission (SEC) to raise up to $1 billion through a mixed securities shelf offering. This mechanism allows TRON to issue various securities, including common stock, preferred stock, debt securities, and warrants. It also enables the company to raise capital flexibly over time, aligning its activities with market conditions for maximum strategic benefit. The latest filing reflects TRON's broader financial initiatives, which blend traditional securities with blockchain-driven approaches, and follows a $100 million private investment in public equity (PIPE) transaction that TRON completed in June. Funded entirely with its native TRX tokens, the deal involved TRON issuing 100,000 shares of Series B Preferred Stock, which are convertible to 200 million common shares, along with 220 million warrants. The TRON board subsequently secured the received TRX tokens in a custodial wallet. In addition, the June PIPE transaction prompted significant leadership changes. Weike Sun, Justin Sun’s father, became Chairman of the Board, while Justin Sun signed an advisory agreement with the company. Meanwhile, the board appointed new members Zhihong Liu and Zi Yang to guide strategic priorities. This transaction followed a smaller $5 million PIPE deal in May, where the company issued Series A Preferred Shares and warrants, with Dominari Securities serving as the placement agent for both transactions. These financial developments are connected to TRON’s corporate restructuring and rebranding efforts. The company, formerly SRM Entertainment, rebranded as TRON and now trades on Nasdaq under the ticker symbol "TRON." TRON will likely use proceeds from the shelf offering to acquire additional TRX tokens, which will boost its treasury reserves that already exceed 365 million TRX. This strategy underscores TRON’s commitment to integrating traditional finance with blockchain technology to enhance its market position and ensure regulatory compliance. According to the latest market data, TRON (TRX) traded at $0.323 as of 20:09 UTC on July 28, marking a 0.415% increase in its 24-hour trading volume.