Market news: TRON Inc. plans to raise $1 billion.

Odaily News According to market news: TRON Inc. has submitted a mixed shelf registration statement to the SEC, intending to raise $1 billion. This registration document grants the company the flexibility to issue common stock, preferred stock, bonds, warrants, and other financial instruments in the future, with specific issuance timing and amounts yet to be disclosed. Previously, Tron Inc. went public on Nasdaq through a Reverse merger with SRM Entertainment.

TRX2.14%
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