Safety Shot amends Series C Preferred conversion price to $1.081, reducing potential dilution

BONK, INC.

Conversion price raised from $0.5582 to $1.081 based on 5-day average closing price before August 9, 2025.
Shares issuable to institutional investor under Securities Purchase Agreement cut from 62.7M to 32.4M.
Shares issuable to LetsBonk.fun under Revenue Sharing Agreement cut from 179.1M to 92.5M.
Amendment effective August 15, 2025; no other changes to Series C Preferred rights.

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