SUN Weike bought TRON
August 27, 2025 · Form 4 insider transaction
SUN Weike bought 220,000,000 shares of Tron Inc. at $0.50 per share, a transaction worth $110.00M. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 224 days after the transaction.
Footnotes
The reported securities are held directly by Bravemorning Limited ("Bravemorning"). Mr. Weike Sun is the sole shareholder of Bravemorning and may be deemed to beneficially own the securities held by Bravemorning. On June 16, 2025, Bravemorning purchased (i) 100,000 shares of Series B Convertible Preferred Stock, convertible into 200,000,000 shares of the Registrant's common stock at a conversion price of $0.50 per share and (ii) warrants to purchase up to 220,000,000 shares of the Registrant's common stock at an exercise price of $0.50 per share (the "PIPE Warrants") with the consideration of $100,000,000 paid in the form of 365,096,845 TRX.