Tron Inc. Form 8-K: Unregistered Sales of Equity Securities

On April 2, 2026, Tron Inc. issued 200,000,000 shares of Common Stock to Bravemorning Limited upon conversion of 100,000 shares of Series B Convertible Preferred Stock. This issuance was made in reliance on the exemption provided by Section 4(a)(2) of the Securities Act of 1933. Bravemorning Limited, an entity controlled by the Company's Chairman, Mr. Weike Sun, is an institutional investor. Following the conversion, Bravemorning held 88.5% of the Company's outstanding Common Stock, which totaled 474,382,064 shares. No Series B Preferred Stock remained outstanding after this transaction. The filing also notes that the Company has elected to use the extended transition period for complying with new or revised financial accounting standards.