Overview

• SRM Entertainment’s shares have surged more than 580% to $9.45 following the announcement that Tron will go public through a reverse merger with the Nasdaq-listed firm.
• The combined entity, to be renamed Tron Inc., will buy and hold $210 million worth of TRX tokens in a treasury model inspired by Michael Saylor’s bitcoin strategy.
• Eric Trump is set to take a role at Tron Inc., reinforcing founder Justin Sun’s deepening ties to the Trump family through investments and high-profile events.
• SRM secured a $100 million securities purchase agreement to acquire up to 220 million shares at $0.50 each as part of its strategic investment to fund the Tron treasury plan.
• The move comes against a regulatory backdrop in which the SEC paused a civil fraud case against Justin Sun after President Trump took office.