BONK, INC.
Filed May 19, 2025.
View on SEC.govAbout this filing
A company's registration of shares for sale to the public, often for a first offering. It describes the business, its risks and how the company plans to use the money.
period unavailable · Filed May 19, 2025
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Registration No. 333-
As filed with the U.S. Securities and Exchange Commission on May 19, 2025
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Registration Statement
On
FORMS-1
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
(Exact name of registrant as specified in its charter)
| Delaware | 2844 | 83-2455880 |
|---|---|---|
| (State or jurisdiction of | (Primary Standard Industrial | (I.R.S. Employer |
| incorporation or organization) | Classification Code Number) | Identification No.) |
1061 E. Indiantown Rd., Ste. 110
Jupiter, FL 33477
(561) 244-7100
(Address, including zip code, and telephone number, including area code of registrant’s principal executive offices)
Jarrett Boon
Chief Executive Officer
1061 E. Indiantown Rd., Ste. 110
Jupiter, FL 33477
(561) 244-7100
(Name, address, including zip code, and telephone number, including area code, of agent for service)
Copies to:
Arthur S. Marcus, Esq.
Sichenzia Ross Ference Carmel LLP
1185 Avenue of the Americas, 31 st Floor
New York, NY 10036
Telephone: (212) 930-9700
Facsimile: (212) 930-9725
Approximate date of commencement of proposed sale to the public: From time to time after the effective date of this registration statement.
If the only securities being registered on this Form are being offered pursuant to dividend or interest reinvestment plans, please check the following box. ☐
If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933 check the following box. ☒
If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐
If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐
If this Form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer”, “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act. (Check one):
| Large accelerated filer | ☐ | Accelerated filer | ☐ |
|---|---|---|---|
| Non-accelerated filer | ☒ | Smaller reporting company | ☒ |
| Emerging growth company | ☒ | ||
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐
The registrant hereby amends this registration statement on such date or dates as may be necessary to delay its effective date until the registrant shall file a further amendment which specifically states that this registration statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933, or until this registration statement shall become effective on such date as the Securities and Exchange Commission, acting pursuant to Section 8(a), may determine.
THE INFORMATION IN THIS PROSPECTUS IS NOT COMPLETE AND MAY BE CHANGED. THE SELLING SHAREHOLDERS MAY NOT SELL THESE SECURITIES UNTIL THE REGISTRATION STATEMENT FILED WITH THE SECURITIES AND EXCHANGE COMMISSION IS EFFECTIVE. THIS PROSPECTUS IS NOT AN OFFER TO SELL THESE SECURITIES AND IS NOT SOLICITING AN OFFER TO BUY THESE SECURITIES IN ANY STATE WHERE THE OFFER OR SALE IS NOT PERMITTED.
Subject to Completion, dated May [ ], 2025
PROSPECTUS
1,233,507****Shares of Common Stock
This prospectus relates to the resale or other disposition from time to time in one or more offerings of up to 1,233,507 shares of our common stock, par value $0.001, by the Selling Stockholders named herein (the “Selling Stockholders”). The shares that may be offered and sold from time to time pursuant to this prospectus include (i) up to 833,507 shares of common stock issued to 3i LP pursuant to that certain Stipulation of Settlement dated April 23, 2025 (“Stipulation of Settlement”) as to the filed action against the Company in the Supreme Court of the State of New York, New York County, bearing Index No. 650196/2024; and (ii) 400,000 shares of common stock issued to Paul L. Kessler for services rendered to the Company pursuant to the terms of that certain Advisory Agreement between Bristol Capital, LLC and the Company on December 18, 2024 (“Advisory Agreement”).
We will not receive any proceeds from the sale of shares of common stock by the Selling Stockholders pursuant to this prospectus.
The Selling Stockholders identified in this prospectus, or its permitted transferees or other successors-in-interest, may offer the shares of our common stock from time to time through public or private transactions at prevailing market prices, at prices related to prevailing market prices, or at privately negotiated prices. We provide additional information about how the Selling Stockholders may sell its shares of common stock in the section entitled “Plan of Distribution” in this prospectus.
Our common stock is listed on the NASDAQ Capital Market under the symbol “SHOT.” On May 16, 2025, the last reported sale price of our common stock was approximately $0.41 per share.
Investing in our securities involves a high degree of risk. Before making any investment decision, you should carefully review and consider all the information in this prospectus and the documents incorporated by reference herein, including the risks and uncertainties described under “Risk Factors” beginning on page 15.
NEITHER THE U.S. SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES COMMISSION HAS APPROVED OR DISAPPROVED OF THESE SECURITIES OR DETERMINED IF THIS PROSPECTUS IS TRUTHFUL OR COMPLETE. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.
The date of this prospectus is _____, 2025.
TABLE OF CONTENTS
| ABOUT THIS PROSPECTUS | 2 |
|---|---|
| CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS | 3 |
| PROSPECTUS SUMMARY | 4 |
| THE RESALE OFFERING | 14 |
| RISK FACTORS | 15 |
| USE OF PROCEEDS | 29 |
| DETERMINATION OF OFFERING PRICE | 29 |
| DIVIDEND POLICY | 29 |
| MARKET INFORMATION | 29 |
| UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL STATEMENTS | 29 |
| BUSINESS | 32 |
| MANAGEMENT | 42 |
| EXECUTIVE COMPENSATION | 47 |
| CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS | 48 |
| PRINCIPAL STOCKHOLDERS | 49 |
| SELLING STOCKHOLDERS | 50 |
| DESCRIPTION OF SECURITIES | 50 |
| PLAN OF DISTRIBUTION | 57 |
| LEGAL MATTERS | 58 |
| EXPERTS | 58 |
| INFORMATION INCORPORATED BY REFERENCE | 59 |
| INDEX TO FINANCIAL STATEMENTS | F-1 |
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