SCOTTSDALE, AZ, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Safety Shot, Inc. (Nasdaq: SHOT) (“Safety Shot” or the “Company”) today announced it has successfully priced a $30 million financing, anchored by a consortium of strategic investors including FalconX, the transaction consists of a registered direct offering for approximately $5 million in cash and a concurrent private placement for $25 million paid for in BONK tokens by the BONK founding members, with all shares priced at $0.46 per share. Demonstrating signi ...

Core Insights - Safety Shot, Inc. has formed a strategic alliance with the founding contributors of BONK, receiving an initial allocation of BONK tokens valued at approximately $25 million, while issuing Preferred Shares worth $35 million that are convertible into common stock [1][2][5] - The decision to focus on BONK as a core treasury asset is based on its advantages over competitors, including high-speed, low-cost transactions on the Solana blockchain, and a deflationary tokenomics model that enhances long-term value [3][4] - As of July 31, BONK has a market capitalization exceeding $2 billion, making it the fourth-largest memecoin globally, with over 980,000 on-chain holders, indicating significant adoption [4] Financial Position - Safety Shot has settled all outstanding debt and currently holds over $15 million in cash, positioning itself with a strong balance sheet ahead of the new strategy [2] - The partnership with BONK is expected to enhance Safety Shot's financial position, diversify its asset base, and create new avenues for shareholder value [5] Strategic Direction - The company aims to bridge traditional public markets with the digital asset ecosystem, focusing on acquiring revenue-generating assets within the DeFi space to build a robust treasury of digital assets [7] - The CEO of Safety Shot emphasized that this partnership marks the beginning of a broader corporate evolution, aiming to elevate the company's beverage brands [5]