Unregistered Sales of Equity Securities. As previously disclosed, on June 16, 2025, Tron Inc. (the “ Company ”) issued 100,000 shares of its Series B Convertible Preferred Stock, par value $0.0001 per share (the “ Series B Preferred Stock ”) convertible into 200,000,000 shares of the Company’s common stock, par value $0.0001 per share (the “ Common Stock ”) at a conversion price of $0.50 per share in connection with its private placement with Bravemorning Limited, an institutional investor en…

The filing pertains to a salary increase for an executive, which is not a management change.

Entry into a Material Definitive Agreement. On December 24, 2025, Tron Inc. (the “Company”) entered into a Stock Purchase Agreement (the “SPA”) with Black Anthem Limited (the “Investor”). Pursuant to the SPA, the Investor agreed to purchase 13,067,151 shares of the Company’s common stock, par value $0.0001 per share (the “Common Stock”) for a purchase price of $1.3775 per share, for gross proceeds to the Company of approximately $18 million. The purchase price will be paid in the form of USDT…

Unregistered Sale of Equity Securities. The Company will have 274,382,064 shares outstanding following the issuance of the 13,067,151 shares of Common Stock to the Investor. The shares will be issued in reliance upon an exemption from registration pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended.

Unregistered Sale of Equity Securities. As previously disclosed, on June 16, 2025, Tron Inc. (the “ Company ”, formerly SRM Entertainment, Inc.) issued warrants to acquire up to 220,000,000 shares of the Company’s common stock, par value $0.0001 per share (the “ Common Stock ”) at an exercise price of $0.50 per share (the “ PIPE Warrants ”) in connection with its private placement of Series B Convertible Preferred Stock with Bravemorning Limited, a institutional investor entity (the “ Holder…

Changes in Control of Registrant. Reference is made to the disclosure regarding the exercise of the PIPE Warrants set forth under

Entry into a Material Definitive Agreement. As previously disclosed, on June 16, 2025, Tron Inc. (the “ Company ”, formerly SRM Entertainment, Inc.) issued warrants to acquire up to 220,000,000 shares of the Company’s common stock, par value $0.0001 per share (the “ Common Stock ”) at an exercise price of $0.50 per share (the “ PIPE Warrants ”) in connection with its private placement of Series B Convertible Preferred Stock with Bravemorning Limited, a institutional investor entity (the “ Hol…

Unregistered Sales of Equity Securities. The information set forth in

Director — Hans Haywood, Gary Herman, Douglas McKinnon: Directors resigned in connection with the PIPE Offering.

Entry into a Material Definitive Agreement. On June 16, 2025, SRM Entertainment, Inc. (the “ Company ”) entered into a Securities Purchase Agreement (the “ Securities Purchase Agreement ”) with an institutional investor entity (the “ Investor ”) for a private investment in public equity (the “ PIPE Offering ”) of 100,000 shares of its Series B Convertible Preferred Stock par value $0.0001 per share (the “ Series B Preferred Stock ”), convertible into 200,000,000 shares of common stock, par va…

Material Modification to Rights of Security Holders. Pursuant to the PIPE Offering, on June 16, 2025, the Company filed a Certificate of Designation of Series B Preferred Stock with the Secretary of State of the State of Nevada (the “ Series B Certificate of Designation ”). The stated value of the Series B Preferred Stock is $1,000 per share. Holders of the Preferred Stock Shares are entitled to cast the number of votes equal to the number of whole shares of Common Stock into which the shares…

Entry into a Material Definitive Agreement. On May 21, 2025, SRM Entertainment, Inc. (the “ Company ”) entered into a Securities Purchase Agreement (the “ Securities Purchase Agreement ”) with an institutional investor (the “ Investor ”) for a private investment in public equity (the “ PIPE Offering ”) of 5,000 shares of its Series A Convertible Preferred Stock par value $0.0001 per share (the “ Series A Preferred Stock”), convertible into 8,928,571 shares of common stock, par value $0.0001 (…

Compensatory stock options were issued to certain officers.

Material Modification to Rights of Security Holders. Pursuant to the PIPE Offering, on May 22, 2025, the Company filed a Certificate of Designation of Series A Preferred Stock with the Secretary of State of the State of Nevada and subsequently, on May 23, 2025 the Company filed an Amended & Restated Certificate of Designation (the “ A&R Series A Certificate of Designation ”) to correct the conversion price of the Series A Preferred Stock from $0.50 per share to $0.56 per share. The stated val…

Unregistered Sales of Equity Securities. The information set forth in

Chief Financial Officer (CFO) — Douglas McKinnon: Mr. McKinnon's employment agreement was renewed and expanded with increased compensation and equity incentives.

The filing describes the issuance of stock options to existing executives as compensation.

Entry into a Material Definitive Agreement. On December 5, 2024, SRM Entertainment, Inc. (the “Company”), entered into a securities purchase agreement (the “Purchase Agreement”) with the institutional investors named on the signature page thereto (the “Purchasers”), pursuant to which the Company agreed to sell and issue, in a registered direct offering, an aggregate of (i) 1,580,000 shares (the “Shares”) of the Company’s common stock (“Common Stock”), par value $0.0001, at a purchase price of…

Notice of Delisting of Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On October 21, 2024, SRM Entertainment, Inc. (the “ Company ”) received a deficiency letter (the “ Notice ”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“ Nasdaq ”) notifying the Company that, based upon the closing bid price of the Company’s common stock, par value $0.0001 per share (the “ Common Stock ”), for the last 30 consecutive business days, the Company i…

Entry into a Material Definitive Agreement. On October 18, 2024, and October 19, 2024, SRM Entertainment, Inc. (the “ Company ”) entered into four Securities Purchase Agreements (each an “ SPA ”) with four accredited investors (the “ Investors ”), for the purchase and sale in a registered direct offering of 1,711,477 shares (the “ Shares ”) of the Company’s common stock (the “ Common Stock ”) at a price of $0.61 per share, generating gross proceeds from the offering of approximately $1,044,00…

Chief Executive Officer (CEO) — Richard Miller: Richard Miller's employment agreement was renewed and expanded with increased compensation and incentives.

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The disclosure regarding the Secured Note set forth above under

Entry into a Material Definitive Agreement. On September 3, 2024, SRM Entertainment, Inc. (the “ Company ” or “ Buyer ”) entered into an Asset Purchase Agreement (the “ Asset Purchase Agreement ”) with Suretone Entertainment, Inc. (“ Suretone ” or “ Seller ”) pursuant to which the Buyer has agreed to acquire certain assets related to the movie with the title The Kid (directed by Vincent D’Onofrio) from the Seller, for an aggregate purchase price of $3,000,000 (the “ Purchase Price ”). Jordan…

The issuance were made in reliance on an exemption from registration set forth in Section 4(a)(2) of the Securities Act of 1933, as amended.

Completion of Acquisition or Disposition of Assets. The disclosure regarding the acquisition of the assets set forth above under