---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-031842"
form_type: "8-K"
ticker: "BNKK"
cik: "0001760903"
company_name: "BONK, INC."
filed_at: "2023-09-06T23:59:59+00:00"
generated_at: "2026-06-10T23:30:33.527008+00:00"
event_type: "litigation"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Jupiter Wellness completes GBB Labs asset purchase, sends cease & desist to FSD Pharma

## Summary
- Completed GBB Labs asset acquisition for $200K cash + 5M shares; director John Gulyas and COO Jarrett Boon each own 33.33% of GBB.
- Sent cease & desist to FSD Pharma over Aug 25 press release with allegedly false statements and unauthorized use of JUPW ticker.
- FSD Pharma press release allegedly intended to damage Safety Shot, Company, and stockholders.

## SEC filing metadata
- accession: 0001493152-23-031842
- form_type: 8-K
- ticker: BNKK
- cik: 0001760903
- company_name: BONK, INC.
- filed_at: 2023-09-06T23:59:59+00:00
- event_type: litigation
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1760903/000149315223031842/0001493152-23-031842-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1760903/000149315223031842/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-031842
- JSON: https://secwatch.observer/filing/0001493152-23-031842.json
- Plain text: https://secwatch.observer/filing/0001493152-23-031842.txt

## Key facts
- M&A Transactions
  BONK, INC. completed an acquisition involving GBB Labs, Inc. for $200,000 and 5,000,000 Common Shares (closed 2023-08-31).
  - Action: acquisition
  - Counterparty: GBB Labs, Inc.
  - Consideration: $200,000 and 5,000,000 Common Shares
  - Closing: 2023-08-31
  source text: the Agreement, the Buyer shall purchase certain assets relating to the Seller’s business for a consideration comprising of: (a) the sum of Two Hundred Thousand U.S. Dollars (US $200,000) (the “Cash Purchase Price”); and (b) 5,000,000 Common Shares (the “Consideration Shares” and together with the Cash Purchase Price, collectively, the “Purchase Price”). At the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1760903/000149315223031842/0001493152-23-031842-index.htm
- Material Agreements
  BONK, INC. entered into Agreement with Jupiter Wellness, Inc., GBB Labs, Inc., GBB Drink Lab Inc., 2V Consulting LLC, the Jarrett A Boon Revocable Trust Dated October 22, 2014, Gregory D. Blackman, Brothers Investment 7777 valued at Two Hundred Thousand U.S. Dollars (US $200,000) and 5,000,000 Common Shares (effective 2023-07-10).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Jupiter Wellness, Inc., GBB Labs, Inc., GBB Drink Lab Inc., 2V Consulting LLC, the Jarrett A Boon Revocable Trust Dated October 22, 2014, Gregory D. Blackman, Brothers Investment 7777
  - Value: Two Hundred Thousand U.S. Dollars (US $200,000) and 5,000,000 Common Shares
  - Effective: 2023-07-10
  source text: On July 10, 2023, Jupiter Wellness, Inc. (the “Company”) entered into an asset purchase agreement (the “Agreement”) with GBB Labs, Inc., a Delaware corporation (“Buyer” and together with JWI, collectively, the “JWI Parties”), GBB Drink Lab Inc., a Florida corporation (“Seller”), 2V Consulting LLC, a Florida limited liability company, (“2v”), the Jarrett A Boon Revocable Trust Dated October 22, 2014, (the “Trust”), Gregory D. Blackman, an individual (“Blackman”) and Brothers Investment 7777, (“Brothers”, and collectively with 2v, the Trust and Blackman as the “Owners” and together with Seller, the “Transferors”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1760903/000149315223031842/0001493152-23-031842-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.