other material
confidence high
sentiment neutral
materiality 0.50
Safety Shot amends Bigger Capital settlement; defers $3.5M note conversion to July 21, 2025
BONK, INC.
- Bigger Capital agrees not to convert $3.5M convertible note before July 21, 2025.
- Company to pay 10% of gross proceeds from any capital raise to reduce $1.75M secured note.
- Registration statement deadline extended from April 5 to May 2, 2025 if pre-maturity financing by April 18.
- Exchange warrant exercise price ($0.4348) may be reduced to Base Share Price if financing price below that level.