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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."
Safety Shot shares insights on board revitalization and corporate strategy.
Following its announcement yesterday regarding a strategic refresh of its Board of Directors, Safety Shot is providing further details on the implementation of these changes. The appointment of the three new directors, as well as the resignations of Jordan Schur and Rich Pascucci, will not be effective until the Company achieves shareholder approval which is anticipated to take place in October. In addition, as the Company previously announced, it has reserved the trading symbol "BNKK" with Nasdaq as part of its forward-looking strategy. The Company will formally implement a name change and new symbol in the near term.
Safety Shot Reveals Strategic Board Update to Align with Company Vision
Safety Shot announced a strategic refresh of its Board of Directors with the appointment of three new members: Connor Klein, an investment partner at New Form Capital; Stacey Duffy, a seasoned financial due diligence and transaction advisory expert; and Jamie McAvity, co-founder and CEO of Bitcoin miner Cormint.
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