On August 30, 2024, Safety Shot, Inc., a Delaware-incorporated wellness and dietary supplement company, entered into a Securities Purchase Agreement with an accredited investor for the sale of 3,370,787 shares at $0.89 per share and an equal number of warrants at $0.125 each, with the warrants exercisable at $0.89 for five years from issuance. The investor is a family investment group, Core 4 Capital Corp., led by Safety Shot's President Jordan Schur, who owns 15% of the investor and whose immediate family members are also shareholders. The transaction, which did not involve any commissions, is expected to net the company approximately $3.421 million. The funds are intended for working capital, general corporate purposes, and the development and growth of the Safety Shot brand. This investment follows previous...Show More

On August 30, 2024, Safety Shot, Inc., a Delaware-incorporated wellness and dietary supplement company, entered into a Securities Purchase Agreement with an accredited investor for the sale of 3,370,787 shares at $0.89 per share and an equal number of warrants at $0.125 each, with the warrants exercisable at $0.89 for five years from issuance. The investor is a family investment group, Core 4 Capital Corp., led by Safety Shot's President Jordan Schur, who owns 15% of the investor and whose immediate family members are also shareholders. The transaction, which did not involve any commissions, is expected to net the company approximately $3.421 million. The funds are intended for working capital, general corporate purposes, and the development and growth of the Safety Shot brand. This investment follows previous investments by Core 4 totaling $6 million earlier in the year. The company has developed a patented product, Safety Shot, which is claimed to lower blood alcohol content and alleviate symptoms of excessive drinking. The product is available online and is being introduced to various business-to-business channels throughout 2024. The details of the investment are disclosed in the company's Current Report on Form 8-K filed on September 4, 2024.