StreetInsider.com News Articles

Bonk Inc. redeems $4M in preferred stock, waives anti-dilution rights

Fri, 11 Sep 2026 09:01:47 -0400

Bonk, Inc. (Nasdaq: BNKK) announced it entered into a Preferred Stock Redemption Agreement with Core4 Capital Holdings Corp on September 4, 2026, under which the company agreed to purchase and retire 26,667 shares of its Series A Preferred Stock for $4.0 million.

The transaction reduces Core4's preferred stock holdings from 100,000 shares to 73,333 shares, a 26.67% reduction in total Series A Preferred Stock. The redeemed shares are retired and restored to unissued status.

As part of the agreement, Core4 irrevocably waived all anti-dilution rights associated with its preferred shares, including price-based, full-ratchet, weighted-average, and broad-based provisions.

The agreement also specifies that Core4's

Bonk, Inc. Announces $4.0 Million Preferred Stock Redemption and Anti-Dilution Waiver

Fri, 11 Sep 2026 09:00:00 -0400

Redeems and Retires 26,667 Series A Preferred Shares, Directly Reducing Senior Preferred Overhang by Over 26%
Secures Full, Irrevocable Waiver and Standdown of All Anti-Dilution Protections across Series A Preferred Stock
Eliminates Key Structural Market Overhang, Paving the Way for Potential Long-Term Growth and M&A Flexibility
Includes Comprehensive Release of Claims, Strengthening Corporate Governance and Balance Sheet Alignment

TEMPE, AZ / ACCESS Newswire / September 11, 2026 / Bonk, Inc. (Nasdaq:BNKK) ("Bonk" or the "Company"), a digital asset infrastructure and consumer brand holding company, today announced that on September 4, 2026, it entered into a

Bonk, Inc. Announces $4.0 Million Preferred Stock Redemption and Anti-Dilution Waiver

Fri, 11 Sep 2026 09:00:00 -0400

Redeems and Retires 26,667 Series A Preferred Shares, Directly Reducing Senior Preferred Overhang by Over 26%
Secures Full, Irrevocable Waiver and Standdown of All Anti-Dilution Protections across Series A Preferred Stock
Eliminates Key Structural Market Overhang, Paving the Way for Potential Long-Term Growth and M&A Flexibility
Includes Comprehensive Release of Claims, Strengthening Corporate Governance and Balance Sheet Alignment

Bonk, Inc. posts $5.5M revenue in H1 2026, reports $7.88M net loss

Mon, 17 Aug 2026 08:02:48 -0400

Bonk, Inc. (NASDAQ: BNKK), a digital asset infrastructure and consumer brand holding company, reported first-half 2026 financial results showing total revenue of $5,500,463, a 6,218% increase compared to $87,049 in the same period of 2025, according to a statement based on its Form 10-Q filing with the U.S. Securities and Exchange Commission.

Revenue for the period comprised $1.58M in direct sales and $3.92M in related-party revenue share. Gross profit reached $3,984,094, representing approximately 72% gross margin. Operating expenses fell 52.5% to $4,645,181, down from $9,774,838 in the first half of 2025.

The company reported a net loss of $7.88M for the six-month

Bonk, Inc. Reports First Six Months 2026 Financial Results Demonstrating Strong Top-Line Expansion and Accelerated Balance Sheet De-Risking

Mon, 17 Aug 2026 08:00:00 -0400

Six-Month Total Revenue Reaches $5.5M (Up 6,218% YoY)
Operating Expenses Reduced 52.5% ($4.65M vs $9.77M)
Total Liabilities Reduced 32% to $4.07M via Strategic Debt Extinguishment
Solid $27.52M Net Equity Base with Zero Long-Term Debt

TEMPE, AZ / ACCESS Newswire / August 17, 2026 / Bonk, Inc. (Nasdaq:BNKK) ("Bonk" or the "Company"), a digital asset infrastructure and consumer brand holding company, today reported its financial and operational results for the three and six months ended June 30, 2026, as filed on Form 10-Q with the U.S. Securities and Exchange Commission.

The first six months of 2026 represented

Bonk, Inc. Reports First Six Months 2026 Financial Results Demonstrating Strong Top-Line Expansion and Accelerated Balance Sheet De-Risking

Mon, 17 Aug 2026 08:00:00 -0400

Six-Month Total Revenue Reaches $5.5M (Up 6,218% YoY)
Operating Expenses Reduced 52.5% ($4.65M vs $9.77M)
Total Liabilities Reduced 32% to $4.07M via Strategic Debt Extinguishment
Solid $27.52M Net Equity Base with Zero Long-Term Debt

The first six months of 2026 represented

Form 10-Q BONK, INC. For: Jun 30

Fri, 14 Aug 2026 15:02:00 -0400

si-local-file:///var/storage/secattach/20260814/26929312.html

Form 10-Q BONK, INC. For: Jun 30

Fri, 14 Aug 2026 15:02:00 -0400

si-local-file:///var/storage/secattach/20260814/26929312.html

Bonk, Inc. forms subsidiary to separate digital and beverage revenue

Wed, 29 Jul 2026 08:01:59 -0400

Bonk, Inc. (NASDAQ: BNKK) announced the formation of a wholly owned subsidiary, BONK SPV LLC, intended to consolidate the company's digital revenue operations and separate them from its legacy consumer beverage business.

The new entity will house the company's 51% interest in BONK.fun, a digital asset platform. According to a press release, the structure is designed to provide segmented financial reporting, giving investors separate visibility into the profitability, cash flow, and growth metrics of the company's blockchain-related business versus its beverage division, which holds the Sure Shot and Yerbaé brands.

The company stated that generating internal cash flow through the subsidiary is

Bonk, Inc. Announces Formation of BONK SPV LLC to Consolidate Digital Revenue and Explore Ecosystem Expansion

Wed, 29 Jul 2026 08:00:00 -0400

New Subsidiary Designed to Optimize Recognition of BONK.fun Revenue, Enhance Financial Transparency, and Streamline Future Strategic Partnerships

TEMPE, AZ / ACCESS Newswire / July 29, 2026 / Bonk, Inc. (NASDAQ:BNKK), the public vehicle for the BONK ecosystem, today announced the formation of a new wholly owned subsidiary, BONK SPV LLC. The entity is designed to consolidate and scale the Company's digital revenue operations while establishing infrastructure to support additional high-margin digital revenue streams in the future.

Enhanced Financial Visibility and Operational Efficiency A key benefit of the new SPV structure is the ability

Bonk, Inc. Announces Formation of BONK SPV LLC to Consolidate Digital Revenue and Explore Ecosystem Expansion

Wed, 29 Jul 2026 08:00:00 -0400

New Subsidiary Designed to Optimize Recognition of BONK.fun Revenue, Enhance Financial Transparency, and Streamline Future Strategic Partnerships

Enhanced Financial Visibility and Operational Efficiency A key benefit of the new SPV structure is the ability

Insider Buying: Bonk, Inc. President Mitchell Rudy Executes Fourth Consecutive Open-Market Purchase, Acquiring 10,000 Additional Shares

Tue, 14 Jul 2026 09:15:00 -0400

Recent Acquisitions Total Over 43,000 Shares as Executive Leadership Reinforces Confidence in Long-Term Strategic Vision

TEMPE, AZ / ACCESS Newswire / July 14, 2026 / Bonk, Inc. (Nasdaq:BNKK) today announced that Mitchell Rudy (a.k.a. Nom), President of the Company and a core contributor to the BONK ecosystem, has executed a fourth consecutive open-market purchase of Bonk, Inc. common stock, acquiring an additional 10,000 shares between July 11th and July 13th at an average price of $1.21 per share.

This transaction follows his recently announced purchases of 12,000, 10,000, and 11,659 shares, bringing his

Insider Buying: Bonk, Inc. President Mitchell Rudy Executes Fourth Consecutive Open-Market Purchase, Acquiring 10,000 Additional Shares

Tue, 14 Jul 2026 09:15:00 -0400

Recent Acquisitions Total Over 43,000 Shares as Executive Leadership Reinforces Confidence in Long-Term Strategic Vision

This transaction follows his recently announced purchases of 12,000, 10,000, and 11,659 shares, bringing his

Form 4 BONK, INC. For: Jul 10 Filed by: Rudy Mitchell Austin

Tue, 14 Jul 2026 08:40:00 -0400

si-local-file:///var/storage/secattach/20260714/26765482.html

Form 4 BONK, INC. For: Jul 10 Filed by: Rudy Mitchell Austin

Tue, 14 Jul 2026 08:40:00 -0400

si-local-file:///var/storage/secattach/20260714/26765482.html

Insider Buying: Bonk, Inc. President Mitchell Rudy Executes Third Consecutive Open-Market Purchase, Acquiring 11,659 Additional Shares

Thu, 09 Jul 2026 08:00:00 -0400

Recent Acquisitions Total Over 33,000 Shares as Executive Leadership Reinforces Confidence in Underlying Asset Value

TEMPE, AZ / ACCESS Newswire / July 9, 2026 / Bonk, Inc. (Nasdaq:BNKK) today announced that Mitchell Rudy (a.k.a. Nom), President of the Company and a core contributor to the BONK ecosystem, has executed a third consecutive open-market purchase of Bonk, Inc. common stock, acquiring an additional 11,659 shares at an average price of $1.47 per share.

This transaction follows his recently announced purchases of 12,000 and 10,000 shares, bringing his total recent open-market acquisitions to 33,659 shares.

Insider Buying: Bonk, Inc. President Mitchell Rudy Executes Third Consecutive Open-Market Purchase, Acquiring 11,659 Additional Shares

Thu, 09 Jul 2026 08:00:00 -0400

Recent Acquisitions Total Over 33,000 Shares as Executive Leadership Reinforces Confidence in Underlying Asset Value

This transaction follows his recently announced purchases of 12,000 and 10,000 shares, bringing his total recent open-market acquisitions to 33,659 shares.

Form 4 BONK, INC. For: Jul 02 Filed by: Rudy Mitchell Austin

Tue, 07 Jul 2026 16:25:00 -0400

si-local-file:///var/storage/secattach/20260707/26742063.html

Form 4 BONK, INC. For: Jul 02 Filed by: Rudy Mitchell Austin

Tue, 07 Jul 2026 16:25:00 -0400

si-local-file:///var/storage/secattach/20260707/26742063.html

Bonk, Inc. president buys 10,000 more shares in open-market purchase

Wed, 24 Jun 2026 08:01:46 -0400

Bonk, Inc. (Nasdaq: BNKK) President Mitchell Rudy purchased an additional 10,000 shares of the company's common stock on the open market at an average price of $1.504 per share, according to a press release from the Scottsdale, Arizona-based company.

The transaction follows a prior open-market purchase of 12,000 shares, bringing Rudy's total recent open-market acquisitions to 22,000 shares.

"When I stepped into the role of President, I noted the significant dislocation between our tangible asset value and our share price," Rudy said. "My previous purchase was a signal of my conviction, and this additional acquisition proves that my belief in the underlying

Insider Buying: Bonk, Inc. President Mitchell Rudy Acquires Additional 10,000 Shares in Open-Market Purchase

Wed, 24 Jun 2026 08:00:00 -0400

Second Consecutive Insider Acquisition Demonstrates Executive's Confidence in Company Fundamentals

SCOTTSDALE, AZ / ACCESS Newswire / June 24, 2026 / Bonk, Inc. (Nasdaq:BNKK) today announced that Mitchell Rudy (a.k.a. Nom), President of the Company and a core contributor to the BONK ecosystem, has executed a subsequent open-market purchase of an additional 10,000 shares of Bonk, Inc. common stock at an average price of $1.504 per share.

This transaction follows his recently announced purchase of 12,000 shares, bringing his total recent open-market acquisitions to 22,000 shares. This continued insider buying demonstrates leadership's alignment with

Insider Buying: Bonk, Inc. President Mitchell Rudy Acquires Additional 10,000 Shares in Open-Market Purchase

Wed, 24 Jun 2026 08:00:00 -0400

Second Consecutive Insider Acquisition Demonstrates Executive's Confidence in Company Fundamentals

Form 4 BONK, INC. For: Jun 16 Filed by: Rudy Mitchell Austin

Tue, 23 Jun 2026 15:57:00 -0400

si-local-file:///var/storage/secattach/20260623/26679319.html

Form 4 BONK, INC. For: Jun 16 Filed by: Rudy Mitchell Austin

Tue, 23 Jun 2026 15:57:00 -0400

si-local-file:///var/storage/secattach/20260623/26679319.html

Bonk, Inc. president buys 12,000 shares at $1.37 each

Wed, 17 Jun 2026 08:01:18 -0400

Mitchell Rudy, the recently appointed president of Bonk, Inc. (NASDAQ: BNKK), purchased 12,000 shares of the company's common stock on the open market at an average price of $1.37 per share, according to a press release from the Scottsdale, Arizona-based company.

The transaction increases Rudy's total equity stake in the company. Rudy, also known as "Nom," was described as a core contributor to the BONK ecosystem prior to his appointment as president.

"As I step into the role of President, my priorities are clear: execution, growth, and shareholder value," Rudy said. "I have stated previously that there is a significant dislocation between