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Bonk redeems 26,667 Series A preferred shares for USD 4 million
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Bonk redeems 26,667 Series A preferred shares for USD 4 million
  • Bonk agreed to redeem 26,667 Series A Preferred shares from Core4 Capital for USD 4 million under a September 4, 2026 agreement.
  • Redeemed shares will be retired and returned to unissued status, cutting Core4’s Series A holding to 73,333 shares.
  • Core4 provided an irrevocable waiver and standstill on all anti-dilution protections tied to its Series A Preferred shares.
  • In a merger, Core4’s remaining 73,333 Preferred shares would convert into 1,516,873 common shares.
  • Core4 granted a general release of claims against Bonk related to its investment in the company.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bonk Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202609110900ACCESSWRNAPR_____1219768) on September 11, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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