Summary by Futu AI
Jordan Schur, President and a 10% owner of Safety Shot, Inc., has filed an initial statement of beneficial ownership with the SEC on April 10, 2024. The Form 3 disclosure indicates that Schur has indirect beneficial ownership of 1,124,989 shares of common stock through Core 4 Capital Corp, a company controlled by his father. Additionally, Schur has indirect ownership of 2,369,668 shares issued to Core under a securities purchase agreement dated April 4, 2024. Schur also has an option to purchase 1,000,000 shares of common stock at an exercise price of $1.96, vesting quarterly. The shares were acquired in the open market between March 14, 2024, and March 19, 2024, with prices ranging from $2.083 to $2.735 per share. Schur disclaims ownership of all but 15% of the shares owned by Core, in line with his equity interest in the company.