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, Inc. Announces Record Date for Spin-Off and Distribution of Shares Common Stock of Caring Brands, Inc.