TON Strategy Completes Legacy Business Divestiture, Expects $4M Annual Cost Reduction

GRAM-2.78%
According to Globenewswire, in June, Nasdaq-listed TON Strategy Company (TONX) announced it has completed the divestiture of inherited traditional social commerce and software operations, including MARKET.live proxy and live shopping services and LyveCom social commerce software business. The company expects the restructuring to reduce annual cash operating expenses by approximately $4 million and simplify its operational structure. Financial impact is projected to begin reflecting in Q2 2026 earnings and fully materialize in subsequent quarters as TONX refocuses on managing its Gram token reserve and supporting the TON ecosystem.
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