Welcome to our dedicated page for SRM Entertainment news (Ticker: SRM), a resource for investors and traders seeking the latest updates and insights on SRM Entertainment stock.
SRM Entertainment, Inc. (Nasdaq: SRM), transitioning to the name Tron Inc. with the ticker "TRON," generates news that spans both themed entertainment merchandise and blockchain‑related corporate strategy. Company announcements cover its role as a designer, developer, and manufacturer of custom toys and souvenirs for major theme parks, as well as its evolution into a TRON (TRX) treasury strategy company.
News items for SRM include updates on new toy programs and licensing wins, such as global theme park toy programs tied to a movie franchise with more than $5 billion in global box office revenue. Releases also highlight product showcases at industry events like Toy Fair in New York City, where SRM presents interactive light sticks with app‑based control, light‑up bracelets for concerts and theme parks, and new plush backpack clip designs. These stories provide insight into the company’s product pipeline and relationships with leading entertainment venues.
On the corporate and capital markets side, SRM’s news flow features private placements, equity investments, and the launch of its TRON token treasury strategy. Filings and press releases describe a $100,000,000 equity investment, large TRX token holdings staked through JustLend, and the company’s positioning as a significant corporate holder of TRON tokens. Additional coverage includes Nasdaq listing updates, such as extensions to regain compliance with minimum bid price requirements, and governance changes related to board appointments.
Investors and observers who follow SRM’s news can track developments in its licensed merchandise business, its partnerships with major theme parks and entertainment brands, and its activities in digital assets and blockchain‑integrated treasury management. The SRM news feed is a resource for monitoring both operational milestones and strategic financial decisions.
SRM Entertainment (NASDAQ:SRM) announced its corporate rebranding to Tron Inc. and will change its ticker symbol to "TRON" effective July 17, 2025. The company's transformation aligns with its TRON (TRX) treasury strategy, positioning itself as the largest publicly traded corporate holder of TRX tokens with over 365 million TRX in holdings.
The company's share price has experienced significant growth since announcing its Tron treasury strategy, reflecting investor confidence in the Tron protocol as the dominant layer-1 for USDT stablecoin. The company's CUSIP number will remain unchanged at 85237B101.
SRM Entertainment (NASDAQ:SRM), the world's largest publicly traded holder of TRON tokens, has announced the successful staking of 365,096,845 TRON (TRX) tokens through JustLend. The staking strategy is expected to yield up to 10% per annum through a combination of standard staking rewards and energy renting.
This development follows the company's recent $100 million investment to launch its TRON treasury strategy. SRM has appointed Weike Sun as Board Chairman and added TRON Blockchain Founder Justin Sun to its strategic advisory board. The company plans to implement a dividend policy and change its name to TRON Inc. to better align with its new strategic direction.
SRM Entertainment (NASDAQ: SRM) has completed a private placement offering, raising $5 million in gross proceeds through the sale of 5,000 shares of Series A Convertible Preferred Stock. The preferred stock is convertible into 8,928,571 shares of common stock at a conversion price of $0.56 per share. The offering also included warrants to purchase up to 8,928,571 shares at an exercise price of $0.65 per share, exercisable immediately and expiring in two years.
Each unit, priced at $1,000, consisted of one preferred share convertible into approximately 1,785 common shares and an equal number of warrants. Dominari Securities acted as the sole placement agent. The company plans to use the net proceeds for general corporate purposes and working capital.
SRM Entertainment (NASDAQ: SRM) has secured a $5 million private placement through a PIPE financing agreement with an institutional investor. The deal involves selling 5,000 shares of Series A Convertible Preferred Stock, convertible into 10 million common shares at $0.50 per share, along with warrants to purchase an additional 10 million shares at $0.65 per share. The warrants will be exercisable immediately and expire in two years.
The purchase price was set at $1,000 per unit, consisting of one preferred share and one warrant. Dominari Securities LLC served as the sole placement agent. The company plans to use the net proceeds for general corporate purposes and working capital.
SRM Entertainment has secured three major new toy programs with a leading theme park, based on a blockbuster movie franchise that has generated over $5 billion in global revenue. The exclusive theme park toys will be available at global locations in the coming months.
The company won this partnership due to three key factors:
- Success of existing products
- Creative and innovative design team
- Competitive pricing
These movie-themed collectible toys will be exclusively available at theme park locations worldwide, strengthening SRM's position as a trusted manufacturer of high-profile entertainment merchandise. The company's design approach ensures authenticity in producing these anticipated collectibles, which aim to bring popular characters to life for millions of visitors.
SRM Entertainment (Nasdaq: SRM) has received a 180-day extension from Nasdaq to meet the minimum bid price requirement of $1 per share. The extension, granted until October 20, 2025, was based on the company meeting continued listing requirements for market value of publicly held shares and other initial listing criteria, except for the bid price requirement.
To maintain its Nasdaq Capital Market listing, SRM must achieve a closing bid price of at least $1.00 per share for a minimum of 10 consecutive business days during this period. The company's stock will continue trading under the symbol 'SRM' during the extension period.
SRM Entertainment (NASDAQ: SRM) has provided an update on its trade-related market conditions, highlighting its resilient business model. The company's manufacturing operations in China feature a 'pass title' arrangement where customers assume responsibility for shipping, tariffs, and duties. SRM maintains $800,000 worth of inventory in the United States, including proprietary products like plush toys, backpack clips, drinkware, and the licensed Smurfs collectible line.
The company serves diverse entertainment sectors including theme parks, retail, e-commerce, and media. SRM reports continued product re-orders from major theme park customers, with international clients being unaffected by U.S. import tariffs. The company is actively exploring manufacturing expansion into new countries and domestic USA-based solutions to maintain competitive pricing and supply chain efficiency.
SRM Entertainment (Nasdaq: SRM) will showcase its latest product innovations at the 119th Toy Fair® in New York City's Javits Center from March 1-4, 2025. The company will present several new products including:
- Interactive light sticks with custom app control for color and pattern customization
- Light-up bracelets for concerts and theme parks
- Officially licensed Smurfs Sip with Me cups, launching alongside the July 2025 Smurfs Movie featuring Rihanna
- New collectible plush backpack clips
The company has secured meetings with key industry leaders at Booth 2148, with CEO Rich Miller expressing confidence that Toy Fair® could generate significant new business opportunities for SRM.