SRM Entertainment(SRM)

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SRM Entertainment Announces Lock-Up Agreement with Major Shareholder, Reinforcing Commitment to Long-Term Growth and Shareholder Value
Newsfilter· 2025-02-14 13:30
Core Viewpoint - SRM Entertainment, Inc. has entered into a lock-up agreement with Safety Shot, Inc. for 2,347,142 shares, representing approximately 13.7% of its outstanding shares, effective February 10, 2025, which restricts sales until January 1, 2026, indicating a commitment to long-term stability and growth [1][2][3]. Group 1 - The lock-up agreement aims to create an orderly trading market for SRM Entertainment's shares and reflects the shareholder's confidence in the company's future prospects [2]. - This agreement aligns the interests of Safety Shot, Inc. with other shareholders, promoting long-term value creation [2]. - CEO Rich Miller emphasized that the agreement is a significant vote of confidence in SRM Entertainment's strategic direction and growth potential, reinforcing the company's commitment to building long-term value [3]. Group 2 - SRM Entertainment designs, develops, and manufactures custom merchandise, including toys and souvenirs for major theme parks and entertainment venues, with products based on multi-billion-dollar franchises [4]. - The company's products are distributed globally at renowned locations such as Walt Disney Parks and Resorts and Universal Parks and Destinations, enhancing its market presence [4]. - SRM's design team has created specialty products for various attractions, showcasing its innovative capabilities in the entertainment merchandise sector [4].
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 ...
SRM Entertainment Secures Large Order from One of Orlando's Biggest Theme Parks for Misting Fans
GlobeNewswire News Room· 2024-11-25 12:30
Jupiter, FL, Nov. 25, 2024 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (Nasdaq: SRM)(the “Company,” “SRM Entertainment” or “SRM”), a leading provider of high-quality licensed media-themed merchandise, today announced a significant order for its line of misting fans, designed to provide refreshing relief to theme park visitors worldwide. The initial order of $820,000 for US theme parks and $85,000 for international parks, marks a strong presence in this growing product category for SRM Entertainment. "This i ...
SRM Entertainment Launches New Media Division In Expansion Of Suretone Pictures Partnership
GlobeNewswire News Room· 2024-11-14 13:30
Jupiter, FL, Nov. 14, 2024 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc., (Nasdaq: SRM) (the “Company” or “SRM”) today announced the launch of its new media division, SRM Media, marking a significant expansion of the company's entertainment offerings. This strategic move builds upon SRM's existing media relationship with Suretone Pictures and underscores SRM’s commitment to delivering high-quality entertainment content across various platforms. SRM Media's first acquisition, courtesy of its new Suretone Pictu ...
SRM Entertainment(SRM) - 2024 Q3 - Quarterly Report
2024-11-13 21:30
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ______________ Commission File Number 001-41768 SRM ENTERTAINMENT, INC. (Exact name of registrant as specified in charter) Nevada 32-0686534 | - ...
Suretone Pictures and SRM Announce Media Agreement / Jordan Schur Joins Company as Advisor
GlobeNewswire News Room· 2024-09-24 12:30
JUPITER, FL, Sept. 24, 2024 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc., (Nasdaq: SRM) (the "Company" or "SRM") SRM and Suretone Entertainment's Suretone Pictures are in negotiations to form an alliance capitalizing on Suretone Pictures' film productions, tv content creation, existing library and distribution strength alongside SRM's ongoing merchandise, manufacturing and distribution businesses as engaged in providing its services to the major film studios. The initial transaction was closed on September 3 ...
SRM Entertainment(SRM) - 2024 Q2 - Quarterly Report
2024-08-12 20:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ______________ Commission File Number 001-41768 SRM ENTERTAINMENT, INC. (Exact name of registrant as specified in charter) | --- | --- | --- | --- | ...