other material
confidence high
sentiment neutral
materiality 0.15
Bonk stockholders approve share increase to 1B and dilutive issuances
BONK, INC.
- Proposal to increase authorized common shares from 250M to 1B passed (69.4M for, 11.9M against).
- Proposals approving issuance of 20%+ shares upon Series C Preferred conversion and change of control passed (41.6M for, 3.7M against, 36.5M non-votes).
- Similar approvals for Securities Purchase Agreement transactions passed with nearly identical vote tallies.
- Special meeting held Oct 31, 2025; 82.2M shares voted (48% of 171.4M outstanding), quorum met.