Safety Shot, Inc. has changed its name to Bonk, Inc. and reports developments tied to a strategy centered on the BONK digital asset ecosystem. Recent company updates describe BONK Holdings LLC, a subsidiary formed to house the digital asset treasury strategy, the company’s BONK token accumulation, and its revenue-sharing interest in letsBONK.fun.
Recurring news themes include treasury management for BONK holdings, digital-asset partnerships, governance and board changes, shareholder voting matters, and capital-structure actions related to the company’s public-market transformation. Updates also reference the company’s Nasdaq trading identity and the transition from SHOT to BNKK.
RMG ML Sports Holdings (Nasdaq:SHOTU), a SPAC, announced the closing of a partial exercise of the IPO over-allotment option. Underwriters bought an additional 1,650,000 units at $10.00 each, adding $16.5 million in gross proceeds and bringing the IPO total to 21,650,000 units and $216.5 million.
Each unit includes one Class A ordinary share and one right to receive one-eighth of a Class A share after the initial business combination. Units trade on the Nasdaq Global Market as SHOTU, with shares and rights expected to trade separately as SHOT and SHOTR.
RMG ML Sports Holdings (Nasdaq: SHOTU/SHOT/SHOTR), a newly formed SPAC, priced a $200 million initial public offering of 20,000,000 units at $10.00 per unit. Each unit includes one Class A share and a right to receive 1/8 of a Class A share after the initial business combination.
The units are expected to begin trading on Nasdaq’s Global Market on June 10, 2026, with the offering closing on June 11, 2026, subject to customary conditions. The underwriter has a 45-day option to buy up to 3,000,000 additional units to cover over-allotments.