Bonk Inc (SHOT) News & EventsSHOTNews & EventsBonk Inc

Safety Shot Rebrands as Bonk Inc.

Safety Shot has changed its corporate name to Bonk, Inc. to reflect its new strategic direction as a leader at the intersection of public markets and the digital asset ecosystem. The Company will begin trading on the Nasdaq Capital Market under its new name and the new ticker symbol "BNKK" at the open of trading on Friday, October 10, 2025. This rebranding completes the Company's strategic pivot to align fully with the multi-billion dollar BONK ecosystem. The transformation has been driven by the acquisition of a recurring revenue sharing interest in the highly profitable memecoin launchpad, letsBONK.fun, and the subsequent building of a formidable treasury of BONK tokens. The Company's new name as Bonk, Inc., is a direct reflection of its core mission: to build shareholder value by leveraging its unique position as the public market proxy for the growth and success of the BONK community.

Safety Shot Purchases 2.7% of BONK's Circulating Supply

Safety Shot announced that its subsidiary, BONK Holdings has increased its holdings to over 2.7% of the total circulating supply of BONK. The Company is also setting a new strategic target to acquire 5% of BONK's circulating supply by the end of 2025. This significant increase in the Company's treasury follows the receipt of its first revenue share payment of $500,000 from its 10% interest in the memecoin launchpad, letsBONK.fun. The Company anticipates receiving an additional payment of approximately $650,000 within the next 27 days. Safety Shot is strategically deploying this new, non-dilutive revenue stream to acquire additional BONK tokens.

Safety Shot collaborates with Monarq Asset Management to oversee BONK Holdings.

Safety Shot announced a strategic alliance with Monarq Asset Management to oversee the active management of its BONK Holdings LLC subsidiary. Monarq Asset Management will manage the Company's digital asset treasury, which currently holds over $50 million in BONK tokens, with a clear three-pronged mandate. "Partnering with a firm of Monarq's caliber is a pivotal step in our evolution," said Jarrett Boon, CEO of Safety Shot. "This isn't a passive treasury strategy; we are actively putting our digital assets to work to generate significant returns and protect shareholder value. Monarq's expertise in quantitative trading and derivatives will allow us to monetize our BONK holdings in a sophisticated manner, with the goal of creating a self-funding engine for our growth."