Safety Shot (SHOT) announced a strategic alliance with the BONK founding contributors to integrate the Company with the BONK ecosystem. In preparation for this new strategy, the Company has settled all outstanding debt and currently maintains a strong balance sheet with over $15 million in cash. The agreement will see Safety Shot, receive an initial allocation of BONK tokens valued at approximately $25 million. In consideration, the Company will issue Preferred Shares at a value of $35 million, which are convertible into shares of the Company’s common stock.
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