other_material
confidence high
sentiment neutral
materiality 0.55
Safety Shot raises $250K in PIPE at $0.25/sh, cancels 6.6M shares
BONK, INC.
- Entered Securities Purchase Agreement for 1M shares at $0.25 each (20% discount), gross proceeds $250K.
- Core 4 Capital exchanged 6,575,025 common shares for 39,933 shares of Series A-1 Preferred, cancelling common.
- Both transactions closed June 30, 2025; PIPE shares registered under existing effective shelf.
- Proceeds from PIPE not specified; exchange reduces outstanding common stock count.
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