{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-019966","form_type":"8-K","ticker":"BNKK","cik":"0001760903","company_name":"BONK, INC.","filed_at":"2023-06-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.433576+00:00","generated_at":"2026-06-14T08:26:12.860295+00:00","sec_items":["1.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Jupiter Wellness to spin off SRM Entertainment via exchange for 6.5M shares and IPO plan","bullets":["Jupiter Wellness will exchange all SRM Entertainment LTD shares for 6,500,000 shares of SRM Entertainment, Inc. (approx. 80% ownership).","Plans to spin off 2,000,000 of those shares to JUPW stockholders and certain July 2021 warrant holders.","The transaction is contingent on the effectiveness of SRM's initial public offering (IPO) and listing on Nasdaq.","If the SRM IPO is not consummated, the agreement will not become effective and SRM will remain a subsidiary."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-019966","json":"https://secwatch.observer/filing/0001493152-23-019966.json","markdown":"https://secwatch.observer/filing/0001493152-23-019966.md","text":"https://secwatch.observer/filing/0001493152-23-019966.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1760903/000149315223019966/0001493152-23-019966-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1760903/000149315223019966/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T08:26:12.860295+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8656d41222acf04541051d84881619a86dbfe185","claim":"BONK, INC. amended Amended and Restated Exchange Agreement with SRM Entertainment, Inc. (effective 2023-05-26).","evidence_excerpt":"On May 20, 2023, Jupiter Wellness, Inc. (the “Company”) entered into an Amended and Restated Exchange Agreement (the “Agreement”) with SRM Entertainment, Inc. , a Nevada company (“SRM”) whereby the Company agreed to exchange all of the capital stock of SRM Entertainment LTD, a Hong Kong Special administrative Region of the People’s Republic of China limited company (“SRM LTD”), which company currently operates the Company’s business section that creates and sells innovative products for the toy and entertainment industries in exchange for 6,500,000 shares of SRM.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1760903/000149315223019966/0001493152-23-019966-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Counterparty","value":"SRM Entertainment, Inc."},{"label":"Effective","value":"2023-05-26"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}