01:22 PM EDT, 07/28/2025 (MT Newswires) -- Tron (TRON) on Monday filed a registration statement for the potential sale of up to $1 billion of its securities from time to time.
The filing covers common shares, preferred stock, debt securities, warrants, rights and units.
The company said it expects to use the net proceeds towards acquiring additional TRX tokens and working capital, among others.
The company's shares were up more than 15% in recent Monday trading.
Price: 11.08, Change: +1.48, Percent Change: +15.36