Summary by Futu AI
Safety Shot, Inc. has addressed several comments from the Securities and Exchange Commission (SEC) regarding its Post-Effective Amendment No. 4 on Form S-1, initially filed on January 12, 2024. The SEC's comments, dated January 19, 2024, prompted revisions to the company's Registration Statement, particularly concerning the company's branding, liquidity, sales, and product development disclosures. Safety Shot clarified its branding, stating that 'Safety Shot Beverage' refers to the product, while 'Safety Shot' refers to the company itself. The company also outlined its limited contractual commitments, consisting mainly of salaries, rent, and clinical testing expenses, and its plans to use proceeds from product sales to fund inventory needs. Safety Shot revised disclosures related to declining sales in CBD products due to regulatory changes...Show More