secwatch.observer — SEC 8-K summary
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Issuer:     BONK, INC. (BNKK)
CIK:        0001760903
Form:       8-K
Filed at:   2023-01-25T23:59:59+00:00
Accession:  0001493152-23-002455
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 3.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Jupiter Wellness raises $4.1M in registered direct and PIPE offering, reduces warrant exercise price
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- Closed registered direct offering of 4,315,787 shares at $0.70/share and PIPE of 8,631,574 warrants at $0.125/warrant.
- Gross proceeds ~$4.1M; each unit (1 share + 1 3-yr warrant + 1 5-yr warrant) priced at $0.95.
- Warrants exercisable at $1.00, 4.3M for 3 years and 4.3M for 5 years, both from 6 months after closing.
- Exercise price of 11.6M pre-existing 2021 warrants reduced from $2.79 to $1.40 per share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1760903/000149315223002455/0001493152-23-002455-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1760903/000149315223002455/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-002455

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer