TON Strategy has been reprimanded by Nasdaq for breaching shareholder approval requirements, as disclosed in an 8-K filing with the U.S. SEC. The reprimand, issued on October 28 by Nasdaq's Listing Qualifications Department, cited violations of Listing Rules 5635(a) and 5635(b). Despite the infractions, Nasdaq determined that the violations were not intended to bypass compliance, opting for a reprimand instead of delisting the company's securities. TON Strategy's shares will remain listed on Nasdaq, with the reprimand indicating resolution of the compliance issues.