On June 6, 2025, it became known that Justin Sun's crypto project TRON is going public. Here are the details of the process:

Deal. The public organization SRM Entertainment will be renamed to Tron Inc. The company will accept investments in the amount of 01780405555. The funds will be provided by a company owned by the father of TRON's founder, Wei Ke Sun. In return, the investor will receive 100,000 preferred shares, convertible into 200 million common shares, and 220 million warrants at $0.50. Formally, this is referred to as a 'reverse initial public offering.' A private entity acquires a company that is already publicly traded, thereby automatically making it public.

Corporate effect. Wei Ke Sun will become the chairman of the board, while two top managers from the TRON ecosystem will take charge of the audit and human resources committees. In fact, control over Tron Inc. will belong to the Sun family.

Organizer. The exclusive agent for the IPO is Dominari Securities. Its board includes Donald Trump Jr. and Eric Trump.$JTO 22067051045