Core Viewpoint - SRM Entertainment, Inc. maintains a robust business model that allows it to navigate current trade conditions effectively, particularly through its manufacturing in China and the transfer of shipping responsibilities to customers [1][2][4]. Group 1: Business Model and Operations - SRM's business model includes passing the title of products to customers, which mitigates the impact of shipping, tariffs, and other duty-related expenses [1]. - The company holds approximately $800,000 in inventory of proprietary products in the U.S., which includes popular items like plush toys and drinkware, providing a buffer against supply chain disruptions [1]. - SRM services a diverse customer base across various entertainment sectors, which aids in managing trade-related disruptions [2]. Group 2: Customer Demand and Product Popularity - The company continues to receive re-orders from major theme park customers, indicating strong demand for its themed merchandise [3]. - International theme park customers are not affected by U.S. tariffs, further supporting SRM's sales [3]. Group 3: Strategic Initiatives - SRM is actively expanding its manufacturing capacity into new countries and exploring domestic manufacturing solutions to enhance product quality and supply chain efficiency [4]. - The company is confident in maintaining strong customer relationships despite the evolving trade landscape, with a focus on flexibility through its domestic inventory [5]. Group 4: Product Offerings - SRM designs and manufactures custom merchandise for major theme parks and entertainment venues, with products based on popular multi-billion-dollar franchises [6]. - The company has developed exclusive products like the Sip With Me cups, featuring licensed characters, which are positioned for success in the market [6].

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 ...

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) ...

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 ...

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 ...

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].

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 ...

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 ...

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 ...

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 ...