CORSAIR CAPITAL MANAGEMENT, L.P. made both purchases and sales at TON STRATEGY CO

Purchased 39.70K shares and sold 63.4% of their position (3.70K shares) — review individual transaction dates and prices for directional context.

P · 18S · 3

CORSAIR CAPITAL MANAGEMENT, L.P.

Filed: 10/23/2024ACC: 0001013594-24-000839

InsiderCORSAIR CAPITAL MANAGEMENT, L.P.CIK 1276470

→

IssuerTON STRATEGY COCIK 1566610

10% Owner

Since Oct 2024

+36K

Net shares

Net buyer

$35.4K

Total sold

Open market trades

18B · 3S

Total transactions

39.70K acquired · 3.70K disposed

Non-Derivative Transactions21

Common Stock, $0.0001 par value per share

Indirect

S · Sale

−3.11K

Price / share

$9.58

Trade value

$29.78K

% of position

5.8%

10/21/2024

53.78K→50.67K

Common Stock, $0.0001 par value per share

Indirect

P · Purchase

+5.88K

Price / share

$10.17

Trade value

$59.84K

% of position

11.6%

10/21/2024

50.67K→56.55K

Common Stock, $0.0001 par value per share

Indirect

P · Purchase

+6.85K

Price / share

$10.38

Trade value

$71.13K

% of position

12.1%

10/21/2024

56.55K→63.40K

Common Stock, $0.0001 par value per share

Indirect

S · Sale

−459.00

Price / share

$9.58

Trade value

$4.40K

% of position

5.8%

10/21/2024

7.95K→7.49K

Common Stock, $0.0001 par value per share

Indirect

P · Purchase

+869.00

Price / share

$10.17

Trade value

$8.84K

% of position

11.6%

10/21/2024

7.49K→8.36K

Common Stock, $0.0001 par value per share

Indirect

P · Purchase

+1.01K

Price / share

$10.38

Trade value

$10.52K

% of position

12.1%

10/21/2024

8.36K→9.37K

Common Stock, $0.0001 par value per share

Indirect

S · Sale

−132.00

Price / share

$9.58

Trade value

$1.26K

% of position

5.8%

10/21/2024

2.27K→2.14K

Common Stock, $0.0001 par value per share

Indirect

P · Purchase

+249.00

Price / share

$10.17

Trade value

$2.53K

% of position

11.6%

10/21/2024

2.14K→2.39K

Common Stock, $0.0001 par value per share

Indirect

P · Purchase

+289.00

Price / share

$10.38

Trade value

$3K

% of position

12.1%

10/21/2024

2.39K→2.68K

Common Stock, $0.0001 par value per share

Indirect

P · Purchase

+3.11K

Price / share

$10.53

Trade value

$32.74K

% of position

4.9%

10/22/2024

63.40K→66.51K

Common Stock, $0.0001 par value per share

Indirect

P · Purchase

+4.20K

Price / share

$10.77

Trade value

$45.25K

% of position

6.3%

10/22/2024

66.51K→70.71K

Common Stock, $0.0001 par value per share

Indirect

P · Purchase

+4.20K

Price / share

$10.78

Trade value

$45.28K

% of position

5.9%

10/22/2024

70.71K→74.92K

Common Stock, $0.0001 par value per share

Indirect

P · Purchase

+460.00

Price / share

$10.53

Trade value

$4.84K

% of position

4.9%

10/22/2024

9.37K→9.83K

Common Stock, $0.0001 par value per share

Indirect

P · Purchase

+621.00

Price / share

$10.77

Trade value

$6.69K

% of position

6.3%

10/22/2024

9.83K→10.45K

Common Stock, $0.0001 par value per share

Indirect

P · Purchase

+621.00

Price / share

$10.78

Trade value

$6.69K

% of position

5.9%

10/22/2024

10.45K→11.07K

Common Stock, $0.0001 par value per share

Indirect

P · Purchase

+131.00

Price / share

$10.53

Trade value

$1.38K

% of position

4.9%

10/22/2024

2.68K→2.81K

Common Stock, $0.0001 par value per share

Indirect

P · Purchase

+177.00

Price / share

$10.77

Trade value

$1.91K

% of position

6.3%

10/22/2024

2.81K→2.99K

Common Stock, $0.0001 par value per share

Indirect

P · Purchase

+177.00

Price / share

$10.78

Trade value

$1.91K

% of position

5.9%

10/22/2024

2.99K→3.16K

Common Stock, $0.0001 par value per share

Indirect

P · Purchase

+9.12K

Price / share

$11.03

Trade value

$100.55K

% of position

12.2%

10/23/2024

74.92K→84.03K

Common Stock, $0.0001 par value per share

Indirect

P · Purchase

+1.35K

Price / share

$11.03

Trade value

$14.86K

% of position

12.2%

10/23/2024

11.07K→12.42K

Common Stock, $0.0001 par value per share

Indirect

P · Purchase

+385.00

Price / share

$11.03

Trade value

$4.25K

% of position

12.2%

10/23/2024

3.16K→3.55K

Total

Net shares

+36K

Net value

$386.76K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock, $0.0001 par value per share Indirect	10/21/2024	S · Sale	−3.11K	$9.58	$29.78K	5.8%	53.78K	50.67K
Common Stock, $0.0001 par value per share Indirect	10/21/2024	P · Purchase	+5.88K	$10.17	$59.84K	11.6%	50.67K	56.55K
Common Stock, $0.0001 par value per share Indirect	10/21/2024	P · Purchase	+6.85K	$10.38	$71.13K	12.1%	56.55K	63.40K
Common Stock, $0.0001 par value per share Indirect	10/21/2024	S · Sale	−459.00	$9.58	$4.40K	5.8%	7.95K	7.49K
Common Stock, $0.0001 par value per share Indirect	10/21/2024	P · Purchase	+869.00	$10.17	$8.84K	11.6%	7.49K	8.36K
Common Stock, $0.0001 par value per share Indirect	10/21/2024	P · Purchase	+1.01K	$10.38	$10.52K	12.1%	8.36K	9.37K
Common Stock, $0.0001 par value per share Indirect	10/21/2024	S · Sale	−132.00	$9.58	$1.26K	5.8%	2.27K	2.14K
Common Stock, $0.0001 par value per share Indirect	10/21/2024	P · Purchase	+249.00	$10.17	$2.53K	11.6%	2.14K	2.39K
Common Stock, $0.0001 par value per share Indirect	10/21/2024	P · Purchase	+289.00	$10.38	$3K	12.1%	2.39K	2.68K
Common Stock, $0.0001 par value per share Indirect	10/22/2024	P · Purchase	+3.11K	$10.53	$32.74K	4.9%	63.40K	66.51K
Common Stock, $0.0001 par value per share Indirect	10/22/2024	P · Purchase	+4.20K	$10.77	$45.25K	6.3%	66.51K	70.71K
Common Stock, $0.0001 par value per share Indirect	10/22/2024	P · Purchase	+4.20K	$10.78	$45.28K	5.9%	70.71K	74.92K
Common Stock, $0.0001 par value per share Indirect	10/22/2024	P · Purchase	+460.00	$10.53	$4.84K	4.9%	9.37K	9.83K
Common Stock, $0.0001 par value per share Indirect	10/22/2024	P · Purchase	+621.00	$10.77	$6.69K	6.3%	9.83K	10.45K
Common Stock, $0.0001 par value per share Indirect	10/22/2024	P · Purchase	+621.00	$10.78	$6.69K	5.9%	10.45K	11.07K
Common Stock, $0.0001 par value per share Indirect	10/22/2024	P · Purchase	+131.00	$10.53	$1.38K	4.9%	2.68K	2.81K
Common Stock, $0.0001 par value per share Indirect	10/22/2024	P · Purchase	+177.00	$10.77	$1.91K	6.3%	2.81K	2.99K
Common Stock, $0.0001 par value per share Indirect	10/22/2024	P · Purchase	+177.00	$10.78	$1.91K	5.9%	2.99K	3.16K
Common Stock, $0.0001 par value per share Indirect	10/23/2024	P · Purchase	+9.12K	$11.03	$100.55K	12.2%	74.92K	84.03K
Common Stock, $0.0001 par value per share Indirect	10/23/2024	P · Purchase	+1.35K	$11.03	$14.86K	12.2%	11.07K	12.42K
Common Stock, $0.0001 par value per share Indirect	10/23/2024	P · Purchase	+385.00	$11.03	$4.25K	12.2%	3.16K	3.55K
Total			+36K		$386.76K

Derivative Transactions0

No derivative transactions reported