on Bonk, Inc. (NASDAQ:BNKK)
Bonk, Inc. Finalizes Strategic Reverse Stock Split in Capital Restructuring
Bonk, Inc. (NASDAQ:BNKK) has announced the implementation of a 1-for-35 reverse stock split. This move is significant in Bonk's transformation from a beverage entity to a digital asset holding company. The stock split, effective December 11, 2025, aims to comply with Nasdaq's minimum bid price and enhance investment appeal by realigning share structure.
This strategic decision follows Bonk's elimination of legacy debt, acquisition in Bonk.fun, and the buildup of digital assets. The reverse split drastically reduces the number of outstanding shares from approximately 184,976,280 to about 5,285,037 shares, aligning with the firm’s new asset base.
CEO Jarrett Boon emphasized the optimization as a crucial finale to Bonk's fiscal strategy, aimed at fostering institutional investment within DeFi and ETP sectors, alongside ensuring Nasdaq compliance and stability.
R. P.
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