MARKET WIRE NEWS

Safety Shot, Inc. to Become Bonk, Inc., to Trade on Nasdaq Under New Ticker Symbol "BNKK"

MWN-AI** Summary

Safety Shot, Inc., a company previously focused on the beverage industry, has announced a strategic rebranding to Bonk, Inc. as of October 10, 2025. This name change reflects a significant pivot towards becoming a leading player in the public markets, emphasizing its integration with the rapidly expanding BONK digital asset ecosystem. Trading under the new ticker symbol "BNKK" on the Nasdaq Capital Market, Bonk, Inc. aims to serve as a public market proxy for the BONK community, enhancing shareholder value through its unique position.

The transformation follows the acquisition of a revenue-sharing interest in letsBONK.fun, a profitable memecoin launchpad, alongside the establishment of a substantial treasury of BONK tokens. The CEO, Jarrett Boon, highlighted the rebranding as a critical step in the company’s evolution, aiming to build a leading digital asset treasury. With a core mission centered around leveraging its assets and connections within the BONK ecosystem, Bonk, Inc. seeks to unlock significant long-term shareholder value.

Mitchell Rudy, a key contributor to BONK and a board member, noted that the rebranding allows public investors to directly engage with one of the most dynamic communities in decentralized finance (DeFi). He emphasized the value generated by letsBONK.fun and the ongoing management of their growing treasury.

Additionally, the company reassured its stakeholders that no action is required from them regarding the name and ticker symbol changes. Bonk, Inc. continues to maintain its commitments while shifting its focus to strategically acquiring revenue-generating assets within the DeFi space, marking a new era for the business amidst evolving market dynamics.

MWN-AI** Analysis

The recent rebranding of Safety Shot, Inc. to Bonk, Inc. and its transition to the Nasdaq under the ticker symbol "BNKK" signals a significant strategic pivot towards the burgeoning digital asset ecosystem. This shift positioning Bonk, Inc. as a key player in the decentralized finance (DeFi) space could provide investors with a unique opportunity to capitalize on the growth of the BONK community.

The company has established a robust revenue-sharing participation with letsBONK.fun, a successful memecoin launchpad, which can generate recurring revenue. This acquisition, coupled with a growing treasury of BONK tokens, enhances Bonk, Inc.'s potential to deliver substantial shareholder value. As the company focuses on building a comprehensive asset base within DeFi, it could attract both institutional and retail investors looking for exposure to digital assets while benefiting from the operational foundations of a publicly traded company.

Investors should closely monitor Bonk, Inc. as it begins trading under its new ticker symbol and assess the operational execution of its treasury strategy. The CEO's optimistic outlook regarding shareholder value underscores the company's commitment to this strategic transformation. However, potential investors should also be cautious, as the digital asset landscape is inherently volatile, with risks such as market fluctuations and regulatory challenges looming.

In conclusion, Bonk, Inc. presents a compelling investment opportunity in the DeFi space. The company's unique position as a public market proxy for the BONK ecosystem and its focus on acquiring revenue-generating assets may lead to significant long-term growth. Prospective shareholders should remain vigilant, conducting thorough due diligence while considering the dynamic nature of the digital asset markets.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

Rebranding Solidifies Company’s Full Strategic Transformation into the Premier Public Vehicle for the BONK Ecosystem

SCOTTSDALE, AZ, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Safety Shot, Inc. (Nasdaq: SHOT) (the “Company”) today announced that it 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.

“This is a momentous occasion for our company and its shareholders,” said Jarrett Boon, CEO. “The name change to Bonk, Inc. and our new ticker symbol ‘BNKK’ is the final and most visible step in our transformation. Our new name is a clear declaration of our strategy: to build the world’s leading digital asset treasury by leveraging our revenue sharing interest and our deep integration with the BONK ecosystem. We believe this new, focused direction provides a direct and compelling path to unlocking significant long-term shareholder value.”

Mitchell Rudy (a.k.a. Nom), a BONK core contributor and board member, added, “Today, the BONK ecosystem officially has a home in the public markets. The Company’s transformation into Bonk, Inc. creates a first-of-its-kind vehicle that allows public investors to participate directly in the success of one of the most vibrant communities in DeFi. The revenue streams from letsBONK.fun and the active management of our growing BONK treasury are the engines that will drive value for Bonk, Inc. We are incredibly excited to build this new future with our shareholders.”

The Company's CUSIP numbers for its common stock (48208F105) and warrants (48208F113) will remain unchanged. No action is required by the Company's stockholders with respect to the name and ticker symbol change.

About Safety Shot, Inc. Safety Shot, Inc. (Nasdaq: SHOT), is a company evolving bridge the gap between traditional public markets and the digital asset ecosystem. Following its strategic integration with letsBONK.fun, the Company is executing a new strategy focused on acquiring revenue-generating assets within the DeFi space to build a robust treasury of digital assets. The Company’s beverage division holds the patented Sure Shot beverage, designed to rapidly reduce blood alcohol content as well as Yerbaé’s plant-based, energy beverage.

Investor Relations: Phone: 561-244-7100 Email: investors@drinksafetyshot.com

Forward-Looking Statements: This press release contains forward-looking statements. Such statements are subject to risks and uncertainties, many of which are outside of the Company’s control, and actual results could differ materially. Factors that could cause or contribute to such differences include, but are not limited to, the performance of BONK tokens, the successful integration and operational success with letsBONK.fun, the ability to execute on the Company’s treasury strategy, and other risks detailed in Safety Shot’s filings with the Securities and Exchange Commission.


FAQ**

How does the rebranding of Safety Shot, Inc. to Bonk, Inc. impact the current value and future potential of Safety Shot Inc. Warrant SHOTW, especially in relation to the BONK ecosystem's growth?

The rebranding of Safety Shot, Inc. to Bonk, Inc. could enhance the current value and future potential of SHOTW warrants by aligning with the growing BONK ecosystem, which may attract investment and consumer interest, ultimately driving growth and market recognition.

What specific strategies are in place to ensure that the transition from Safety Shot Inc. to Bonk, Inc. maximizes shareholder value for those holding Safety Shot Inc. Warrant SHOTW?

To maximize shareholder value during the transition from Safety Shot Inc. to Bonk, Inc., strategies include strategic asset alignment, enhanced operational synergies, robust communication plans, share buybacks, and performance-linked incentives for management to drive growth and profitability.

In light of the acquisition of letsBONK.fun, how do you foresee the performance of Safety Shot Inc. Warrant SHOTW changing with the growing treasury of BONK tokens?

The acquisition of letsBONK.fun could enhance Safety Shot Inc. (SHOTW) performance by increasing its treasury of BONK tokens, potentially boosting investor confidence and driving demand for warrants as the underlying asset gains value.

Can you elaborate on the risk factors associated with the new direction of Bonk, Inc. that may influence the overall performance of Safety Shot Inc. Warrant SHOTW in the coming years?

The new direction of Bonk, Inc. could introduce volatility in regulatory compliance, market competition, and investor sentiment, which may adversely affect Safety Shot Inc.'s performance and, consequently, the SHOTW warrants, as interconnected market dynamics evolve.

**MWN-AI FAQ is based on asking OpenAI questions about Safety Shot Inc. (NASDAQ: SHOT).

Safety Shot Inc.

NASDAQ: SHOT

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