Safety Shot Invests $25 Million in BONK Memecoin for Business Strategy Shift

Wellness drinks company Safety Shot has taken a major leap forward with its new business strategy. The company has partnered with the founders of the BONK memecoin to secure a substantial investment. As part of this arrangement, Safety Shot will receive $25 million worth of BONK tokens and issue $35 million worth of preferred shares that can be converted into common stock. The move comes after Safety Shot cleared all its debt and has accumulated over $15 million in cash. Dominari Securities, LLC, is acting as the company’s sole financial advisor for this deal.