---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-016151"
form_type: "8-K"
ticker: "BNKK"
cik: "0001760903"
company_name: "BONK, INC."
filed_at: "2025-06-23T23:59:59+00:00"
generated_at: "2026-05-18T23:56:00.550877+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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).

## SEC filing metadata
- accession: 0001641172-25-016151
- form_type: 8-K
- ticker: BNKK
- cik: 0001760903
- company_name: BONK, INC.
- filed_at: 2025-06-23T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1760903/000164117225016151/0001641172-25-016151-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1760903/000164117225016151/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-016151
- JSON: https://secwatch.observer/filing/0001641172-25-016151.json
- Plain text: https://secwatch.observer/filing/0001641172-25-016151.txt

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