secwatch.observer — SEC 8-K summary
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Issuer:     BONK, INC. (BNKK)
CIK:        0001760903
Form:       8-K
Filed at:   2025-07-09T23:59:59+00:00
Accession:  0001641172-25-018310
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Safety Shot exchanges $5.25M convertible notes for Series B Preferred; warrant strike cut to $0.33
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- Exchanged $1.75M secured note (Dec 2026) and $3.5M note (Jul 2025) for 7,212 Series B Preferred shares, $750 stated value each.
- Series B Preferred converts at $0.34/share; voting rights on as-converted basis with common stock.
- Warrant exercise price reduced from $0.4348 to $0.33 per share for 5,332,889 warrants held by same investors.
- Exchange effected under Section 3(a)(9); holding period tacks back to original notes for Rule 144.
- Filed Certificate of Designation for 10,000 authorized shares of Series B Convertible Preferred Stock.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1760903/000164117225018310/0001641172-25-018310-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1760903/000164117225018310/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-018310

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer