Crypto Tycoon Justin Sun’s Tron Group to Go Public in U.S. via Reverse Merger - WSJ
1. SRM to become Tron through a reverse merger with a $100M investment. 2. Justin Sun appointed adviser; SRM shares jumped over 500% post-announcement. 3. Tron treasury strategy aims for long-term shareholder value and crypto adoption. 4. SRM will issue convertible stocks and warrants linked to common stock. 5. Company will implement a dividend policy as part of the treasury strategy.