Safety Shot issues 7.3M shares to settle $1.46M debt; raises $250K via PIPE at $0.216/share

BONK, INC.

Issued 7,275,915 shares to Silverback Capital to settle $1,461,800 in liabilities under Section 3(a)(10).
Total outstanding liabilities originally $14,580,395.73; settlement covers ~10% of total.
PIPE: 1,157,407 shares at $0.216 each for gross proceeds of $250,000 (20% discount to prior close).
Shares in PIPE are registered under effective shelf; settlement shares are unregistered but exempt.
Combined issuances represent a 14.6% increase in shares outstanding (based on shares before issuance).

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