Bonk, Inc. entered into a Preferred Stock Redemption Agreement with Core4 Capital Holdings Corp to purchase and retire 26,667 of its Series A Preferred Shares for an aggregate price of $4 million. This transaction reduces Core4's holding from 100,000 to 73,333 shares, eliminating over 26% of the outstanding Series A stock. As part of the consideration, Core4 irrevocably waived all anti-dilution rights and surrendered voting, liquidation, conversion, and notice rights associated with the redeemed shares. The company also received a general release of claims from Core4 arising from its investment. Bonk, Inc. operates in the digital asset infrastructure and consumer brand holding industry.