Bonk Makes History with Nasdaq Listing Through Safety Shot Acquisition

Safety Shot has acquired a 10% revenue-sharing stake in Bonk's launchpad platform for $35 million, with $25 million in BONK tokens as consideration. The deal includes a governance shake-up and strategic alignment, with Bonk's founding team joining Safety Shot's board of directors. The funding is facilitated by Dominari, a holding company tied to the Trump family, making Safety Shot the first Nasdaq-listed company to integrate a memecoin into its revenue model.

Safety Shot, Inc. (SHOT), a beverage company listed on the Nasdaq, has made a significant move by acquiring a 10% revenue-sharing stake in Bonk's launchpad platform, letsBONK.fun, for $35 million. The deal, which includes $25 million in BONK tokens as consideration, is part of a broader strategic alignment between the two companies. This move marks the first time a U.S.-listed company has integrated a memecoin into its revenue model.

The transaction, facilitated by Dominari, a holding company tied to the Trump family, further elevates the political and financial spotlight around the deal. Safety Shot will change its ticker symbol to $BNKK, signaling a full rebrand aligned with Bonk’s growing influence in both traditional markets and crypto. The funding is being facilitated by Dominari, a holding company tied to the Trump family, further elevating the political and financial spotlight around the transaction [2].

As part of the agreement, Bonk’s founding team, including Mitchell Rudy, known in the community as “Nom,” will join Safety Shot’s board of directors, securing 50% of board representation. This move gives the memecoin direct influence over corporate decision-making, creating a unique governance structure [2].

The market response has been highly volatile, with Safety Shot’s stock swinging sharply following the news. Reports indicate a steep 50% drop followed by a rapid intraday rebound of nearly 37% [2]. The transaction is expected to close on or about August 27, 2025, pending customary conditions, under an effective SEC shelf registration statement [1].

The integration of the BONK token into Safety Shot's operations is part of a broader strategy to leverage decentralized finance (DeFi) to create hybrid value streams. Safety Shot’s strategy combines direct platform ownership and token treasury to generate recurring revenue from staking and fees. This hybrid model could redefine value creation by bridging institutional credibility with DeFi innovation, attracting institutional investors [3].

Safety Shot's financial readiness is evident in its debt-free structure and $15 million in cash reserves, which enable the integration without diluting shareholder value. The company has settled all outstanding debt and holds over $15 million in cash, positioning it to execute the integration without diluting shareholder value [3].

The deal signifies more than a rebranding — it’s a milestone for crypto legitimacy. By bridging meme culture with Wall Street, Bonk has carved out a path no other memecoin has achieved before. If successful, the experiment could inspire a wave of hybrid corporate-crypto ventures in the coming years [2].

For now, all eyes are on Nasdaq, where $BNKK will debut as the first stock symbol explicitly tied to a memecoin. As the August 27, 2025, closing date approaches, the market will be watching closely. If executed successfully, Safety Shot's hybrid model could set a precedent for other public companies seeking to navigate the crypto transition without sacrificing institutional credibility [3].

References:
[1] https://www.nasdaq.com/articles/safety-shot-secures-30-mln-strategic-financing-integrate-bonk-ecosystem
[2] https://coindoo.com/bonk-breaks-into-wall-street-with-first-ever-nasdaq-listing-through-safety-shot/
[3] https://www.ainvest.com/news/safety-shot-bonk-token-integration-redefines-creation-public-markets-2508/