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Safety Shot Reaches an Amicable Litigation Settlement Agreement, Strengthening Financial Position and Fostering Strategic Partnerships
Globenewswire· 2025-01-23 13:30
SCOTTSDALE, Ariz., Jan. 23, 2025 (GLOBE NEWSWIRE) -- Safety Shot, Inc. (Nasdaq: SHOT) (“Safety Shot” or the “Company”), a wellness and dietary supplement company, today announced that it has reached a settlement agreement with Bigger Capital LLC, resolving outstanding litigation and further solidifying the Company's financial foundation for future growth. This settlement allows Safety Shot to move forward with its strategic initiatives, including expanding its product portfolio, strengthening its distributi ...
Yerbaé Expands Distribution with Four New Partnerships, Creating Synergies with Safety Shot's Operations
Globenewswire· 2025-01-10 13:38
Core Insights - Yerbaé Brands Corp. has announced new distribution partnerships to expand its presence in over 100 Smith's Food & Drug locations across the western United States, aligning with the strategic growth plans of Safety Shot, Inc. which is set to acquire Yerbaé [1][6]. Distribution Expansion - The new partnerships include Carlson Distributing for Utah, Bison Beverage for Wyoming, George's Distributing for Montana, and Craig Stein Beverage for Boise, Idaho, ensuring comprehensive coverage across the region [2]. - This expansion is part of a broader strategy to enhance Yerbaé's distribution network, which is crucial for retail success in a competitive market where over 1,000 new brands seek distribution each year [5]. Product Offering - Yerbaé will introduce its latest 12oz functional beverage line, featuring flavors such as Mango Passionfruit, Watermelon Strawberry, Black Cherry Pineapple, Raspberry Sorbet, and Peachy Mimosa Twist [3]. Market Positioning - The expansion strengthens Yerbaé's position in the west coast market, where there is a growing demand for healthier and functional beverage options [4]. - The partnerships are expected to create synergies for Safety Shot, allowing for potential collaboration on marketing and sales initiatives, thereby enhancing the reach of both brands [6]. Company Overview - Yerbaé Brands Corp., founded in 2017, focuses on plant-based functional beverages that are zero sugar, zero calorie, and non-GMO, utilizing yerba mate as a key ingredient known for its nutritional benefits [7][8].
Yerbaé Expands Distribution with Four New Partnerships, Creating Synergies with Safety Shot's Operations
Newsfilter· 2025-01-10 13:30
Core Insights - Yerbaé Brands Corp. has announced new distribution partnerships to expand its presence in over 100 Smith's Food & Drug locations across the western United States, aligning with its strategic growth plans and the upcoming acquisition by Safety Shot, Inc. [1][6] Distribution Expansion - The new partnerships include Carlson Distributing for Utah, Bison Beverage for Wyoming, George's Distributing for Montana, and Craig Stein Beverage for Boise, Idaho, ensuring comprehensive coverage across the region [2][5] - This expansion is expected to strengthen Yerbaé's position in the west coast market, where there is a growing demand for healthier and functional beverage options [4][5] Product Offering - Yerbaé will introduce its latest 12oz functional beverage line, which includes flavors such as Mango Passionfruit, Watermelon Strawberry, Black Cherry Pineapple, Raspberry Sorbet, and Peachy Mimosa Twist [3][5] Strategic Synergies - The new distribution agreements are anticipated to create synergies for Safety Shot, providing access to an expanded distribution network and opportunities for collaboration, including potential joint marketing initiatives [6][10] - Yerbaé's retail success is supported by a growing distribution network, which is crucial for competing in the rapidly changing beverage market [5][6] Company Background - Founded in 2017, Yerbaé Brands Corp. focuses on plant-based functional beverages that are zero sugar, zero calorie, and non-GMO, utilizing yerba mate as a key ingredient known for its nutritional benefits [7][8]
Safety Shot to Acquire Yerbaé Brands Corp., Adding Approximately $12 Million to Annual Revenue and Creating a Potential Force in Wellness and Functional Beverages
Newsfile· 2025-01-08 13:30
Safety Shot to Acquire Yerbaé Brands Corp., Adding Approximately $12 Million to Annual Revenue and Creating a Potential Force in Wellness and Functional BeveragesJanuary 08, 2025 8:30 AM EST | Source: Yerbae Brands CorpYerbaé is a scalable, growth-oriented complementary brand with a large and growing addressable marketYerbaé creates clean, simple, and delicious plant-based energy beverages that are "better-for-you"Yerbaé had approximately $12 million in revenue for the fiscal year ending 2023S ...
Safety Shot to Acquire Yerbaé Brands Corp., adding approximately $12 Million to Annual Revenue and Creating a Potential Force in Wellness and Functional Beverages
Globenewswire· 2025-01-08 13:30
Yerbaé is a scalable, growth-oriented complementary brand with a large and growing addressable marketYerbaé creates clean, simple, and delicious plant-based energy beverages that are “better-for-you”Yerbaé had approximately $12 million in revenue for the fiscal year ending 2023Safety Shot and Yerbaé will combine primary and secondary management teams in an attempt to deliver top-line growthThe proposed transaction is expected to deliver significant cost synergies, driven by G&A and supply chain efficiencies ...
Safety Shot Launches Revolutionary On-the-Go Stick Packs, Poised to Disrupt the $2 Billion Wellness Market
Newsfilter· 2025-01-03 13:30
JUPITER, Fla., Jan. 03, 2025 (GLOBE NEWSWIRE) -- Safety Shot, Inc. (NASDAQ:SHOT) (the "Company") today announced a breakthrough in convenient wellness solutions with the launch of its Sure Shot On-the-Go Powder Stick Packs. This innovative format delivers the world's first alcohol-reducing product in a convenient and portable form, poised to disrupt the rapidly growing wellness market which is projected to exceed $2 billion by 2033. Following successful trials demonstrating marked improvement in blood alcoh ...
Safety Shot Expects Approximately 50% Revenue Growth in Q4
GlobeNewswire News Room· 2024-12-12 12:30
JUPITER, Fla., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Safety Shot, Inc. (Nasdaq: SHOT) (“Safety Shot” or “the Company”) today announced an expected surge in revenue growth projected to exceed approximately 50% in Q4 2024 over Q3 of 2024. This projected performance is believed to be fueled by a combination of factors, including the rebranding of its flagship product, Sure Shot, which the Company believes has captured significant market share; strategic alliances with retailers, expanding the Company's reach acros ...
Safety Shot Expands Retail Footprint with Major Grocery Chain in US Southwest
GlobeNewswire News Room· 2024-11-15 13:30
Company's Rapid Alcohol-Reducing Beverage, Sure Shot, to be Sold in 192 Stores Across Nevada, Arizona, and California JUPITER, Fla., Nov. 15, 2024 (GLOBE NEWSWIRE) -- Safety Shot, Inc. (Nasdaq: SHOT) (“Safety Shot” or “the Company”) today announced a new agreement with a leading national grocery chain to sell its convenient, newly branded 4 oz. Sure Shot beverages in select stores across the Southwest. This chain boasts over 2,200 stores nationwide, making them a significant player in the grocery industry. ...
Sure Shot, the Revolutionary Alcohol-Reducing Beverage, Launches in USA Today's Best Grocery Store in America
GlobeNewswire News Room· 2024-11-14 13:30
The Company's new 4 oz. format is designed to enhance social experiences while promoting responsible drinking. JUPITER, Fla., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Safety Shot, Inc. (Nasdaq: SHOT) is proud to announce the launch of its newly rebranded and reformulated alcohol-reducing beverage, Sure Shot, now available in a convenient 4 oz. bottle at over 300 locations of the grocery chain recently voted "Best Grocery Store in America" by USA Today readers in their annual 10Best Readers' Choice Awards. This lea ...
Safety Shot Reports Transformative Third Quarter 2024: Rebranding, Strategic Partnerships, and Expanded Distribution Drive Growth
GlobeNewswire News Room· 2024-11-13 13:30
Jupiter, FL, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Safety Shot, Inc. (Nasdaq: SHOT) (The “Company” or “Safety Shot”), a leading innovator in the functional beverage industry, today announced key highlights and accomplishments from the third quarter of 2024, demonstrating significant strides in brand development, strategic partnerships, and market expansion. In the last several months, the Company has achieved significant milestones, including: Rebranding and Product Innovation: Officially rebranded from Safety ...