Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
BONK, INC. amended convertible notes at 11% annual interest rate maturing January 31, 2024.
- Instrument
- convertible notes
- Rate
- 11% annual interest rate
- Maturity
- January 31, 2024
- Event
- amendment
Exact text from the filing
On September 11, 2023, the Company, entered into two Amendment No. 2 to the convertible loan agreement, convertible promissory note, and warrants (collectively as the “Amendment No. 2”), pursuant to which the parties thereto amended the Transaction Documents: (i) to change the maturity date of the Second Note to January 31, 2024; (ii) to change the interest rate of the Second Note to 11% annual interest rate, effective on August 1, 2023 until the entire principal amount is paid in full;
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Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
BONK, INC.: Amended certificate of incorporation to change corporate name from Jupiter Wellness, Inc. to Safety Shot, Inc (effective 2023-09-15).
- Change
- charter amendment
- Effective
- 2023-09-15
Exact text from the filing
On September 11, 2023, the Company filed with the Secretary of State of the State of Delaware a Certificate of Amendment to Certificate of Incorporation to change the corporate name from Jupiter Wellness, Inc. to Safety Shot, Inc., effective September 15, 2023, the (“Name Change”).
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
BONK, INC. amended Amendment No. 2 to Convertible Loan Agreement, Convertible Promissory Note, and Warrants with Investors (not individually named) valued at Amended maturity date of Second Note to Jan 31, 2024; interest rate changed to 11% effective Aug 1, (effective 2023-09-11).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Investors (not individually named)
- Value
- Amended maturity date of Second Note to Jan 31, 2024; interest rate changed to 11% effective Aug 1,
- Effective
- 2023-09-11
Exact text from the filing
On September 11, 2023, the Company, entered into two Amendment No. 2 to the convertible loan agreement, convertible promissory note, and warrants (collectively as the “Amendment No. 2”), pursuant to which the parties thereto amended the Transaction Documents: (i) to change the maturity date of the Second Note to January 31, 2024; (ii) to change the interest rate of the Second Note to 11% annual interest rate, effective on August 1, 2023 until the entire principal amount is paid in full; (iii) to change the exercise price of the warrants to $0.932; (iv) change the conversion price of the Second Note to $0.932; and (iv) the Company shall issue the investors 262,500 shares of its common stock as the incentive shares.
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