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SRM Entertainment's Provides Update on Trade Related Market Conditions
GlobeNewswire News Room· 2025-04-16 10:50
Winter Park, FL, April 16, 2025 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (Nasdaq: SRM) SRM Entertainment maintains a favorable business model for current trade conditions. SRM manufactures products in China and more importantly SRM “passes title” of our products to our largest customers in China. Shipping, tariffs and other duty related expenses are the responsibility of our customers. This business model provides SRM with the ability to mitigate changing trade conditions. In addition, SRM carries invent ...
SRM Entertainment's Provides Update on Trade Related Market Conditions
Newsfilter· 2025-04-16 10:50
Winter Park, FL, April 16, 2025 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (NASDAQ:SRM) SRM Entertainment maintains a favorable business model for current trade conditions. SRM manufactures products in China and more importantly SRM "passes title" of our products to our largest customers in China. Shipping, tariffs and other duty related expenses are the responsibility of our customers. This business model provides SRM with the ability to mitigate changing trade conditions. In addition, SRM carries invento ...
SRM Entertainment(SRM) - 2024 Q4 - Annual Report
2025-03-31 21:20
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: December 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 01-41768 SRM Entertainment, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification) ...
SRM Entertainment Features Innovative Products and Collectibles at Toy Fair NYC 2025
GlobeNewswire· 2025-02-27 11:50
Winter Park, FL, Feb. 27, 2025 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (Nasdaq: SRM) (the “Company”), a leading designer, developer, and manufacturer of custom merchandise, will be at the 119th Toy Fair®, at the Javits Center in New York City from March 1st thru March 4th. SRM Entertainment will be showcasing its latest innovations in toys, including the dynamic interactive light sticks controlled with a custom app, light-up bracelets designed for concerts, special events, and theme parks, and a new lin ...
SRM Entertainment Underscores Commitment to Growth and Shareholder Value
Newsfilter· 2025-02-19 13:30
Winter Park, FL, Feb. 19, 2025 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (NASDAQ:SRM) (the "Company") today announced, despite receiving numerous inquiries from investors, SRM Entertainment has no immediate plans to raise capital. The Company also announced the relocation of its headquarters to Winter Park, Florida, a strategic move to better serve our key theme park customers. To enhance communication with shareholders and provide updates on the Company's developments, SRM Entertainment launched its offi ...
SRM Entertainment Announces Lock-Up Agreement with Major Shareholder, Reinforcing Commitment to Long-Term Growth and Shareholder Value
Newsfilter· 2025-02-14 13:30
Winter Park, FL, Feb. 14, 2025 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (NASDAQ:SRM) (the "Company," or "SRM"), today announced a lock-up agreement with a major shareholder, Safety Shot, Inc., encompassing 2,347,142 shares of the Company's common stock. This represents approximately 13.7% of SRM Entertainment's outstanding shares. This agreement, effective as of February 10, 2025, restricts the shareholder from selling these shares until January 1, 2026, demonstrating a strong commitment to the Company's ...
SRM Entertainment to Showcase Proprietary Product Line at Toy Fest Vegas 2025, Expanding Beyond Traditional Theme Park Offerings
GlobeNewswire News Room· 2025-02-13 13:30
Winter Park, FL, Feb. 13, 2025 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (Nasdaq: SRM) (the “Company,” or “SRM”), a leading designer, developer, and manufacturer of custom merchandise, including toys and souvenirs, announced today that SRM will showcase its creative product line at Toy Fest Vegas, beginning Monday, February 17, 2025. Visit SRM Entertainment: R-Biz Showroom # C-972 Las Vegas Market This strategic move emphasizes SRM's focus on developing high-margin products for 2025, independent of its tr ...
SRM Entertainment's Growth Trajectory Continues with New Product Launch and Significant Reorder
GlobeNewswire News Room· 2024-12-12 12:30
Jupiter, FL, Dec. 12, 2024 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (Nasdaq: SRM) (the “Company,” or “SRM”), a leading provider of licensed merchandise and souvenirs, today announced a significant reorder of its popular Sip With Me cups from a premier marine life theme park in Abu Dhabi and the development of exclusive products for a groundbreaking year-round horror attraction in Las Vegas. These developments underscore SRM's growth and strategic expansion into new markets and product categories. The reo ...
SRM Entertainment, Inc. Announces Pricing of $1.7 Million Registered Direct Offering
GlobeNewswire News Room· 2024-12-05 13:30
Jupiter, FL, Dec. 05, 2024 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (Nasdaq: SRM) (the “Company,” or “SRM”, a leading provider of creative and high-quality licensed media-themed merchandise, today announced that it entered into a securities purchase agreement with a certain institutional investor to purchase approximately $1.7 million shares of its common stock (or common stock equivalents in lieu thereof) in a registered direct offering at a purchase price of $0.7385 per share. The gross proceeds to the ...
SRM Entertainment's Amazon Sales Surge Over 400% in Three Months, Fueling Strong Financial Performance
GlobeNewswire News Room· 2024-12-04 12:30
Jupiter, FL, Dec. 04, 2024 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (Nasdaq: SRM) (the “Company,” or “SRM”, a leading provider of creative and high-quality licensed media-themed merchandise, today announced that its online sales on Amazon have surged by over 417% since September. This exceptional growth is driven by strong customer demand for the company's high-margin products and is expected to have a significant positive impact on its financial performance. "Amazon offers a tremendous platform for us t ...