SRM Entertainment's Stock Skyrockets 530% Post-Tron Merger!

Holy moly, folks! SRM Entertainment, the Florida-based theme park wizards, just got a mega-boost from none other than Justin Sun's TRON. Their SRM stock? It didn't just climb—it blasted off by over 530% at the last close!

Word on the street from Yahoo Finance says SRM's stock, sporting the ticker SRM, shot to the moon after Sun dropped the bomb about his blockchain beast, Tron (TRX), going public through a reverse merger with our Florida friends.

By late June 16, SRM stock hit the stratosphere, peaking at 10.84—a wild 10-fold jump from its measly 1.48 the day before. And when the market closed, SRM was still flying high at 9.19, thanks to the buzz from the Tron announcement.

From its previous close of 1.45 on June 13, SRM saw a jaw-dropping 533% spike. And get this—the trading volume went bananas, ballooning from 2.05 million shares to a whopping 250 million!

Tron's price didn't sit on the sidelines either, jumping to nearly $0.30 after the news. Right now, it's up almost 2.5%, chilling at $0.28. That's still 35% off its all-time high of $0.43 from last December, but hey, it's on the move!

This rocket ride for the Nasdaq-listed SRM stock was all thanks to a $210 million reverse merger with Justin Sun's Tron. But hold onto your hats—the merger's also stirring talks of a total name change and a slick new treasury strategy.

Justin Sun's Tron and SRM Entertainment's Reverse Merger

Get this—the company's ready to rebrand as "Tron" and start hoarding Tron tokens to pump up shareholder value, all part of their shiny new "Treasury Strategy."

"We're all in to build the future of the world's next-gen financial infrastructure," Rich Miller, SRM Entertainment's CEO, declared with gusto.

And there's more! They've tapped Tron's mastermind, Justin Sun, as an advisor. Plus, they've snagged a cool $100 million equity investment from some mysterious "private investor."

Rumor has it, the merger was cooked up by Dominari Securities, those boutique investment bankers with some pretty tight ties to the Trump family—Donald Trump Jr. and Eric Trump, to be exact.

But hold up—Eric Trump quickly hopped on X to say, "Not me, folks!" denying any involvement with the firm.