Safety Shot(SHOT)

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Safety Shot, Inc. Postpones Record Date for Spin-Off and Distribution of Shares Common Stock of Caring Brands, Inc. - Updated
Newsfilter· 2025-04-18 20:40
Core Viewpoint - Safety Shot, Inc. has postponed the record date for the spin-off and distribution of shares of Caring Brands, Inc. due to the lack of approval from Nasdaq for the listing of Caring Brands Common Stock [1][3]. Group 1: Spin-off Details - The new record date for the distribution of Caring Brands Common Stock will be announced later, with stockholders receiving one share for every 45 shares of Safety Shot's common stock held [2]. - Fractional shares of Caring Brands Common Stock will not be distributed; instead, they will be rounded down to whole shares by the distribution agent, ClearTrust, LLC [2]. - The distribution was initially expected to occur around August 9, 2025, contingent upon the effectiveness of Caring Brands' Registration Statement and Nasdaq's approval [3]. Group 2: Company Overview - Safety Shot, Inc. is a wellness and dietary supplement company known for its product Sure Shot, which is designed to lower blood alcohol content while enhancing clarity, energy, and mood [5]. - The company plans to expand its business-to-business sales of Sure Shot to various distributors, retailers, restaurants, and bars throughout 2025 [5].
Prioritize on-farm safety for the next generation with BASF Safety Scouts
GlobeNewswire News Room· 2025-04-08 15:00
Core Points - BASF has launched the BASF Safety Scouts program to promote on-farm safety among the next generation of farmers, providing 2,000 free safety kits annually to farm families across Canada [1][2][3] - The program aims to foster a culture of safety in agricultural communities, reflecting BASF's commitment to safety and community support [2][4] - BASF collaborates with the Canadian Agricultural Safety Association (CASA) to enhance farm safety resources and initiatives, including the CASA Kids FarmSafe Week [4][5] Company Overview - BASF Canada Agricultural Solutions, headquartered in Calgary, employs over 625 individuals and operates three production facilities in Canada [7] - In 2024, BASF's Agricultural Solutions division generated sales of €9.8 billion, highlighting its significant role in the agricultural sector [8][9] - BASF Canada reported sales of $2.6 billion in 2024, indicating its strong market presence in North America [10] Commitment to Sustainability - BASF emphasizes the integration of sustainability criteria into its business decisions, investing €919 million in R&D in 2024 to support sustainable agricultural practices [8] - The company aims to provide innovative solutions that connect various agricultural products and services to enhance outcomes for farmers and stakeholders [8]
Safety Shot Provides Business Update from CEO Jarrett Boon
Globenewswire· 2025-03-31 12:30
Core Insights - Safety Shot, Inc. has experienced significant growth and product demand following the launch of its Sure Shot product on Amazon and its own e-commerce site, with both platforms selling out quickly [2][3] - The company has conducted a successful clinical trial demonstrating that Sure Shot effectively reduces blood alcohol concentration and alleviates hangover symptoms, reinforcing its market position [3][7] - Safety Shot is expanding its distribution through partnerships with major retailers, enhancing accessibility and brand recognition [5][9] Product Launch and Market Response - The launch of Sure Shot on Amazon in November 2023 generated high demand, leading to a sell-out within hours, followed by a similar response on the company's e-commerce site in January 2024 [2] - The rebranding to Sure Shot and the introduction of a 4 oz. package aim to enhance consumer convenience while maintaining quality [4] Clinical Validation - Positive results from a peer-reviewed clinical trial indicate that Sure Shot significantly mitigates the negative effects of alcohol consumption, with statistical significance (p < 0.05) [3] Strategic Partnerships - Safety Shot is actively pursuing partnerships with retailers such as Walmart.com, Albertson's, and GoPuff to expand its market presence and drive sales [5] Spin-Off and Shareholder Value - The company plans to spin off its Caring Brands division, distributing 2 million shares to Safety Shot shareholders to unlock value and foster growth [6] Intellectual Property - A new patent has been secured to protect Safety Shot's innovations and support its clinically backed claims, positioning the company as a leader in the dietary supplement industry [7] Future Growth Prospects - The acquisition of Yerbae is anticipated to significantly expand Safety Shot's product offerings and distribution channels, with a shareholder meeting planned for late May/June to finalize the acquisition [9] - The company is shifting its marketing strategy to focus on grassroots efforts and partnerships, moving away from influencer-centric marketing to enhance product accessibility [11]
Safety Shot, Inc. Announces Record Date for Spin-Off and Distribution of Shares Common Stock of Caring Brands, Inc. - Updated
GlobeNewswire News Room· 2025-03-28 23:40
Core Viewpoint - Safety Shot, Inc. is set to spin off its subsidiary, Caring Brands, Inc., with a record date for the distribution of shares established for April 7, 2025 [1][2]. Group 1: Spin-off Details - Stockholders will receive one share of Caring Brands Common Stock for every 45 shares of Safety Shot's common stock held as of the record date [2]. - Fractional shares of Caring Brands Common Stock will not be distributed; instead, they will be rounded down to whole shares [2]. - The distribution is expected to occur around August 9, 2025, contingent upon the effectiveness of Caring Brands' Registration Statement and other necessary approvals [3]. Group 2: Trading and Regulatory Aspects - Caring Brands Common Stock is anticipated to begin trading on Nasdaq on or about April 11, 2025, pending regulatory approvals [3]. - The Registration Statement for Caring Brands Common Stock has been filed with the SEC but is not yet effective, meaning shares cannot be sold or offered until it becomes effective [4]. Group 3: Company Overview - Safety Shot, Inc. specializes in wellness and dietary supplements, with its flagship product, Sure Shot, designed to lower blood alcohol content while enhancing clarity and mood [5]. - The company plans to expand its business-to-business sales of Sure Shot to various distributors and retailers throughout 2025 [5].
Safety Shot(SHOT) - 2024 Q4 - Annual Report
2025-03-28 21:00
Financial Performance - Safety Shot Inc. reported a net loss of $51.7 million for the year ended December 31, 2024, compared to a net loss of $15.1 million for 2023, reflecting an increase in losses of 243%[252] - The Company generated revenues of $701,967 for the year ended December 31, 2024, compared to $202,670 for the year ended December 31, 2023, reflecting an increase due to the commencement of marketing and selling its Safety Shot beverage in December 2023[267] - Total operating expenses for the year ended December 31, 2024, were $39,611,915, significantly higher than $12,524,869 for the year ended December 31, 2023[268] - The net loss from continuing operations was $48,411,830 for the year ended December 31, 2024, compared to $14,821,513 for the year ended December 31, 2023[266] - The Company had a gross profit (loss) of $(2,445,757) for the year ended December 31, 2024, compared to $(74,457) for the year ended December 31, 2023[266] - Losses from discontinued operations were $997,802 for the year ended December 31, 2024, compared to $261,528 for the year ended December 31, 2023[273] - Other income for the year ended December 31, 2024, included realized gains of $1,193,666 on the sale of marketable securities[271] - The Company incurred a deemed dividend of $2,293,301 related to the settlement with Bigger Capital, which is considered in the determination of earnings per share[275] Product Development and Strategy - The company launched its e-commerce sales of the Safety Shot Beverage in December 2023, following the acquisition of the product and related assets in August 2023[230] - The Safety Shot Beverage is formulated with 28 active ingredients and is manufactured in a facility adhering to Good Manufacturing Practices (GMP)[231][233] - The company plans to relaunch its Photocil product in the U.S. in Q4 2024 after receiving FDA approval, with current sales occurring in India through a licensing agreement[237] - Safety Shot Inc. is focusing on expanding its product line, including a powdered stick pack version of the Safety Shot Beverage, while discontinuing its CBD product offerings[234][239] - The Company is in commercialization mode while continuing to pursue the development of next-generation products and new products[277] Operational Efficiency - The weighted average number of common shares outstanding increased from 30.9 million in 2023 to 54.4 million in 2024, impacting the loss per share calculation[252] - The company maintains a diverse network of raw material suppliers, ensuring high-quality production for its beverage and other health products[238] - Safety Shot Inc. does not experience concentration risk or dependence on major customers, indicating a stable revenue generation strategy[237] - The company has not recognized any allowance for doubtful collections during the years ended December 31, 2024, and 2023, indicating effective receivables management[255] Financial Position - The deferred tax asset at December 31, 2024, was $14,660,582, fully offset by a valuation allowance due to the Company's lack of earnings history[259] - Research and development expenses amounted to $271,719 for the year ended December 31, 2024, compared to $100,591 for the year ended December 31, 2023[260] - The company aims to partner with industry leaders to access the latest technologies and expand its market reach[236]
Safety Shot, Inc. Announces Record Date for Spin-Off and Distribution of Shares Common Stock of Caring Brands, Inc.
GlobeNewswire News Room· 2025-03-28 20:00
Core Viewpoint - Safety Shot, Inc. is set to spin off its subsidiary, Caring Brands, Inc., with a record date for the distribution of shares established for April 7, 2025 [1][2]. Group 1: Spin-off Details - Stockholders will receive one share of Caring Brands Common Stock for every 45 shares of Safety Shot's common stock held as of the Record Date [2]. - Fractional shares of Caring Brands Common Stock will not be distributed; instead, they will be rounded down to whole shares by the distribution agent, ClearTrust, LLC [2]. - The distribution is expected to occur around August 9, 2025, contingent upon the effectiveness of Caring Brands' Registration Statement and other necessary approvals [3]. Group 2: Trading and Regulatory Aspects - Caring Brands Common Stock is anticipated to begin trading on Nasdaq around April 11, 2025, provided all regulatory approvals are secured [3]. - The Registration Statement for Caring Brands Common Stock has been filed with the SEC but is not yet effective, meaning shares cannot be sold or offered until it becomes effective [4]. Group 3: Company Overview - Safety Shot, Inc. specializes in wellness and dietary supplements, with its flagship product, Sure Shot, designed to lower blood alcohol content while enhancing clarity, energy, and mood [5]. - The company plans to expand its business-to-business sales of Sure Shot to various distributors and retailers throughout 2025 [5].
Safety Shot Announces First Peer-Reviewed Publication of Human Clinical Trial Confirming Rapid Alcohol Reduction and Hangover Prevention
Globenewswire· 2025-03-04 13:00
Core Insights - Safety Shot, Inc. has published a peer-reviewed study demonstrating that its product significantly reduces blood alcohol concentration (BAC), breath alcohol concentration (BrAC), and hangover symptoms compared to a placebo, indicating its potential utility in managing alcohol consumption effects [1][2][3] Study Details - The clinical trial was conducted by The Center for Applied Health Sciences (CAHS) and involved a diverse group of healthy participants who consumed alcohol followed by either Safety Shot or a placebo in a crossover design [2][5] - The study employed a rigorous double-blind, randomized, placebo-controlled design to ensure scientific accuracy and minimize variability among participants [2] Key Findings - Safety Shot reduced blood alcohol levels within 30 minutes, showing statistically significant reductions in both blood and breath alcohol levels over a period of 30 to 240 minutes post-consumption [4] - The product significantly increased aldehyde dehydrogenase levels, suggesting an enhanced metabolic response to alcohol elimination [4] - Participants reported improved hangover symptoms, including less head discomfort, reduced fatigue, and increased energy levels compared to the placebo group [4] - Increased urine output was observed in participants taking Safety Shot, indicating enhanced elimination of alcohol from the body [4] Market Potential - The global market for hangover cure products is projected to grow at a compound annual growth rate (CAGR) of 14.1% from 2023 to 2030, potentially exceeding $6 billion by 2032, driven by rising alcohol consumption and demand for effective solutions [6] - Safety Shot is strategically positioned to capture a significant share of this expanding market due to its clinically proven efficacy and unique human-based research [6] Company Overview - Safety Shot, Inc. has developed Sure Shot, a patented wellness product designed to lower blood alcohol content while enhancing clarity, energy, and overall mood [7] - The product is available for purchase online and the company plans to introduce business-to-business sales to various distributors and retailers throughout 2025 [7] - Sure Shot contains a proprietary blend of natural ingredients aimed at supporting the body's detoxification processes and promoting overall wellness [7]
Safety Shot, Inc. Appoints CORE IR & PR for Investor Relations, Shareholder Communications and Public Relations Services
Globenewswire· 2025-02-28 13:30
Core Insights - Safety Shot, Inc. has appointed CORE IR & PR to enhance its investor relations and public communications as part of its strategic growth initiatives [1][2] - The partnership aims to increase market awareness of Safety Shot's business model and growth strategies among institutional and retail investors [2][3] - CORE IR specializes in investor engagement and public relations, particularly in the healthcare and retail sectors, which aligns with Safety Shot's market focus [3] Company Overview - Safety Shot, Inc. is a wellness and dietary supplement company known for its product Sure Shot, which is designed to lower blood alcohol content while enhancing clarity, energy, and mood [4] - Sure Shot is available for purchase online through various platforms, including its own website, Walmart, and Amazon, and the company plans to expand its business-to-business sales throughout 2025 [4]
Safety Shot, Inc. Appoints CORE IR & PR for Investor Relations, Shareholder Communications and Public Relations Services
Newsfilter· 2025-02-28 13:30
Core Insights - Safety Shot, Inc. has appointed CORE IR & PR to enhance its investor relations and public communications as part of its strategic growth initiatives [1][2] - The partnership aims to increase market awareness of Safety Shot's business model and growth strategies among institutional and retail investors [2][3] - CORE IR specializes in investor engagement and public relations for small to mid-sized companies, particularly in the healthcare and retail sectors [3] Company Overview - Safety Shot, Inc. is a wellness and dietary supplement company known for its product Sure Shot, which is designed to lower blood alcohol content while enhancing clarity, energy, and mood [4] - Sure Shot is available for purchase online through various platforms including its own website, Walmart, and Amazon, with plans to expand into business-to-business sales throughout 2025 [4]
Safety Shot, Inc. Secures Significant Order from Leading Midwestern Grocer, Underscoring Growing Consumer and Retailer Confidence in Sure Shot Brand
Globenewswire· 2025-02-07 13:30
Core Insights - Safety Shot, Inc. has received a significant order for its flagship product, Sure Shot, from a major Midwestern grocery chain with over 285 stores across eight states, marking a key milestone in its retail expansion strategy [1][2] - The order consists of 150 cases, equivalent to 600 six packs, indicating strong consumer and retailer confidence in Sure Shot's ability to promote responsible alcohol consumption [1][2] - The company aims to establish a strong presence in the grocery sector, with Sure Shot now available in an increasing number of stores across the United States [2][3] Company Overview - Safety Shot, Inc. specializes in wellness and dietary supplements, having developed Sure Shot, the first patented product designed to lower blood alcohol content while enhancing clarity, energy, and overall mood [3] - Sure Shot is available for purchase online through various platforms, including its own website, Walmart, and Amazon, and the company plans to introduce business-to-business sales throughout 2025 [3]