Functional Beverages
Search documents
Safety Shot, Inc. and Yerbaé Brands Corp Majority Shareholders Approve Proposed Acquisition of Yerbaé Brands Corp.
Globenewswire· 2025-06-13 12:30
Core Viewpoint - Safety Shot, Inc. has received majority shareholder approval for the acquisition of Yerbaé Brands Corp., marking a significant strategic move in the wellness and functional beverage market [1][2][3]. Company Overview - Safety Shot, Inc. specializes in wellness and dietary supplements, notably its patented Sure Shot™ product, which reduces blood alcohol content while enhancing clarity and energy [5]. - Yerbaé Brands Corp. is a plant-based functional beverage company known for its zero-sugar, zero-calorie energy drinks, appealing to health-conscious consumers [6]. Acquisition Details - The acquisition was approved during a Special Meeting of Stockholders and is expected to close next week, with the combined entity continuing under the name Safety Shot, Inc. and trading on Nasdaq under the ticker "SHOT" [2][3]. - The merger aims to leverage Yerbaé's distribution network to enhance the growth of both brands, creating a stronger presence in the functional beverage market [3]. Future Plans - Following the merger, the company plans to announce further details and will file a Current Report on Form 8-K with the U.S. Securities and Exchange Commission [4]. - Safety Shot is also expanding its business-to-business sales of Sure Shot to various distributors and retailers throughout 2025 [5].
New Strong Buy Stocks for April 21st
ZACKS· 2025-04-21 12:10
Group 1 - Tokio Marine Holdings, Inc. (TKOMY) has seen a 17.7% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Celsius Holdings, Inc. (CELH) has experienced a 20.7% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Bank First Corporation (BFC) has recorded a 5.1% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - InterDigital, Inc. (IDCC) has seen a 14.7% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - ASML Holding N.V. (ASML) has experienced a 4.5% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3]