TON Strategy Co has 10 Schedule 13D or 13G filings on record since 2025-07-14. 2 holders' latest filing reports 5% or more of common stock, par value $0.0001. Each figure below is the holder's own, as filed, with the filing linked.
Holders
| Holder | Percent | Shares | Latest | Event date |
|---|---|---|---|---|
| Manuel Stotz | 19.93% | 12,021,720 | SCHEDULE 13D/A, 2025-08-18 | 2025-08-07 |
| Aristeia Capital, L.L.C. | 8.66% | 4,895,110 | SCHEDULE 13G/A, 2026-04-02 | 2026-03-31 |
| Rory J. Cutaia | 1.5% | 889,065 | SCHEDULE 13D/A, 2025-08-11 | 2025-08-07 |
| Geiskopf James P | 1.32% | 801,616 | SCHEDULE 13D/A, 2025-08-08 | 2025-08-07 |
Purpose of Transaction (Item 4)
Manuel Stotz
The information set forth or incorporated in Item 3 and Item 6 is hereby incorporated by reference in its entirety into this Item 4. The Funds acquired the Acquired Shares as part of the Transaction described in Item 3 above. The aggregate gross proceeds from the Transaction described in Item 3 were approximately $558 million. The net proceeds from the Transaction are intended to be used by Verb Technology Company, Inc. to purchase Toncoin ("TON"), the native cryptocurrency of The Open Network (TON) blockchain, and for working capital and general corporate purposes. In connection with the Transaction, Mr. Stotz was appointed as Chairman of the Issuer. Mr. Stotz intends to establish a new capital allocation strategy to purchase TON as an asset in the Issuer's treasury management program. In connection with such possible change in business focus, Mr. Stotz, as Chairman of the Issuer, intends to work with the Issuer to assess market opportunities to acquire TON and assess debt and equity funding sources for the acquisition of TON. Other than as described in this Item 4, none of the Reporting Persons presently has any additional plans or proposals that relate to or that would result in any of the transactions or other matters specified in clauses (a) through (j) of Item 4 of this Amendment, but depending on the factors discussed herein, the Reporting Persons may change their purpose or formulate different plans or proposals with respect their investment in the Issuer at any …The first part of Item 4 of the SCHEDULE 13D/A filed 2025-08-18; the filing has the rest
Timeline
| Filed | Holder | Percent | Filing |
|---|---|---|---|
| 2025-07-14 | James P. Geiskopf | 12.7% | SCHEDULE 13D |
| 2025-07-14 | Rory J. Cutaia | 12.8% | SCHEDULE 13D/A |
| 2025-08-05 | James P. Geiskopf | 25.7% | SCHEDULE 13D/A |
| 2025-08-05 | Rory J. Cutaia | 28.5% | SCHEDULE 13D/A |
| 2025-08-08 | Geiskopf James P | 1.32% | SCHEDULE 13D/A |
| 2025-08-11 | Rory J. Cutaia | 1.5% | SCHEDULE 13D/A |
| 2025-08-14 | Manuel Stotz | 19.99% | SCHEDULE 13D |
| 2025-08-18 | Manuel Stotz | 19.93% | SCHEDULE 13D/A |
| 2026-02-17 | Aristeia Capital, L.L.C. | 8.21% | SCHEDULE 13G |
| 2026-04-02 | Aristeia Capital, L.L.C. | 8.66% | SCHEDULE 13G/A |
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Where this comes from
Anyone who comes to own more than 5% of a class of a listed company's voting shares has to tell the SEC. A holder who may seek to change or influence the company files Schedule 13D, and has to say in Item 4, "Purpose of Transaction", what it intends to do. A holder with no such intent, such as many index and passive funds, may file the shorter Schedule 13G. Both are amended when the stake changes, including when it falls below 5%.
Every row here is one of those filings, linked to the filing itself. Percentages and share counts are exactly as the holder filed them, for the holder the filing names; an amendment showing a lower figure is shown as filed. Item 4 text is quoted word for word. Where a 13D's Item 4 contains a sentence stating a definite intent to influence the company, that sentence is marked and quoted; the page does not describe the holder or its motives beyond the words it filed. Nothing here is investment advice.