[TON Strategy Discloses Receiving a Reprimand Letter from Nasdaq for Violating Shareholder Approval Requirements] According to an 8-K document submitted to the U.S. SEC, TON Strategy disclosed that it received a reprimand letter from the Nasdaq Stock Market Listing Qualifications Department on October 28. The staff determined that the company violated the shareholder approval requirements stipulated in Nasdaq Listing Rules 5635(a) and 5635(b). The reprimand letter stated that although the staff found the company had failed to comply with the rules, these violations did not appear to be intentional attempts to evade compliance. Therefore, the staff deemed issuing a reprimand letter (rather than delisting the company’s securities) to be an appropriate course of action. The company’s stock will continue to be listed on Nasdaq, and the issuance of the reprimand letter signifies that these matters have been resolved.