---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-013659"
form_type: "8-K"
ticker: "BNKK"
cik: "0001760903"
company_name: "BONK, INC."
filed_at: "2025-06-04T23:59:59+00:00"
generated_at: "2026-05-20T00:03:55.080358+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Safety Shot amends liabilities settlement program; 1M shares issued for fees

## Summary
- Court approved the liabilities settlement program on May 20, 2025.
- Amendment: minimum price floor set at $0.10, valuation period shortened to 20 days.
- Company to issue 1,000,000 shares to Silverback Capital for legal and transaction fees.
- SCC remains obligated to pay remaining claims per attached schedule.
- Changes to closing price definition reference last transaction sale price on amended settlement date.

## SEC filing metadata
- accession: 0001641172-25-013659
- form_type: 8-K
- ticker: BNKK
- cik: 0001760903
- company_name: BONK, INC.
- filed_at: 2025-06-04T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1760903/000164117225013659/0001641172-25-013659-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1760903/000164117225013659/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-013659
- JSON: https://secwatch.observer/filing/0001641172-25-013659.json
- Plain text: https://secwatch.observer/filing/0001641172-25-013659.txt

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