FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Montoya Carlos X.
2. Date of Event Requiring Statement (MM/DD/YYYY)
5/12/2023 

3. Issuer Name and Ticker or Trading Symbol

I-ON Digital Corp. [IONI]
(Last)        (First)        (Middle)

1244 N. STONE STREET, UNIT 3
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                          ___X___ 10% Owner
___X___ Officer (give title below)        _____ Other (specify below)
President and CEO /
(Street)

CHICAGO, IL 60610      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)
 

6. Individual or Joint/Group Filing(Check Applicable Line)

_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Series A Convertible Preferred Stock 1/20/2023  (1)Common Stock, par value $0.0001 37,550,000  (1)D  
Series A Convertible Preferred Stock 3/31/2023  (2)Common Stock, par value $0.0001 9,820,000  (2)I Held through ownership interests in I-ON Acquisition Corp., a Florida corporation. 
Series C Convertible Preferred Stock 12/15/2023  (3)Common Stock, par value $0.0001 11,949,660  (3)I Held through Orebits Acquisition Group LLC, a Wyoming limited liability company. 

Explanation of Responses:
(1) Mr. Montoya owns 3,755 shares of Series A Convertible Preferred Stock which is convertible at any time into 37,550,000 shares of Common Stock, over which he has sole voting and dispositive power.
(2) Mr. Montoya is the sole shareholder of I-ON Digital Acquisition Corp ("IAC"). As such he controls the voting and dispositive power over 982 shares of Series A Convertible Preferred Stock owned by IAC which is convertible at any time into 9,820,000 shares of Common Stock.
(3) Mr. Montoya is the sole member of Orebits Acquisition Group LLC ("OAG"). As such he controls the voting and dispositive power over 597,483 shares of Series C Convertible Preferred Stock owned by OAG which is convertible at any time into 11,949,660 shares of Common Stock.

Remarks:
Mr. Montoya became president and chief executive officer of I-ON Digital Corp. (the "Company") on February 1, 2023, and became a member of the Company's Board of Directors. The current directors and executive officers, including Mr. Montoya, are filing Form 3s now because the prior controlling persons of the Company represented to the current controlling persons that the Company did not have a class of securities registered under Section 12 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), leading them to understand that no beneficial ownership filings were required pursuant to Sections and 16 of the Exchange Act. Upon discovering that the Company's common stock was in fact registered under Section 12, the Company is taking immediate action to comply with the requirements of Sections 13 and 16.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Montoya Carlos X.
1244 N. STONE STREET, UNIT 3
CHICAGO, IL 60610
XXPresident and CEO

Signatures
/s/ Carlos X. Montoya4/14/2025
**Signature of Reporting PersonDate


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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