Throughout her distinguished career, Ms. Russell has served the financial and accounting needs of a diverse range of businesses, including law firms, technology consultants, and real estate companies. Most notably, she was instrumental in the account management of a company in the marine industry, overseeing its growth from $7 million in gross revenue in 2012 to $56.8 million by the end of 2020. SCOTTSDALE, AZ, July 31, 2025 (GLOBE NEWSWIRE) -- Safety Shot, Inc. (Nasdaq: SHOT) ("Safety Shot" or the "Company ...

Core Viewpoint - Safety Shot, Inc. has announced a registered direct offering and concurrent private placement to raise approximately $16.3 million, which will strengthen its balance sheet and support its operations following the recent merger approval with Yerbaé [1][3][5]. Group 1: Offering Details - The company is offering 22,993,492 shares of common stock at a price of $0.461 per share [1]. - In addition, warrants to purchase up to 45,986,984 shares of common stock have been issued, with a purchase price of $0.125 per warrant and an exercise price of $0.461 per share [2]. - The gross proceeds from both the registered direct offering and the private placement are expected to be around $16.3 million before fees and expenses [3]. Group 2: Strategic Importance - The CEO of Safety Shot emphasized that this financing is crucial for the company at a pivotal time, enhancing the balance sheet and providing necessary capital for daily operations and integration post-merger [5]. - The company aims to accelerate its commercial footprint and drive long-term value for shareholders with this capital infusion [5]. Group 3: Regulatory Information - The shares are being offered under a shelf registration statement filed with the SEC, which was declared effective on November 9, 2022 [4]. - A prospectus supplement detailing the terms of the offering will be filed with the SEC and made available on their website [4]. Group 4: 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 and mood [7]. - The product is available for purchase on various online platforms, including Walmart and Amazon [7].

Group 1 - Safety Shot, Inc. announced a registered direct offering of 28,648,648 shares of common stock at a price of $0.37 per share, raising approximately $10.6 million in gross proceeds [1][2]. - In a concurrent private placement, the company issued warrants to purchase up to 57,297,296 shares of common stock, with an exercise price of $0.37 per share, exercisable immediately and expiring in five years [2]. - The closing of the offering is expected to occur on or about July 22, 2025 [3]. Group 2 - The shares are being offered under a shelf registration statement filed with the SEC, which was declared effective on November 1, 2024 [4]. - The CEO of Safety Shot emphasized that this financing is crucial for strengthening the balance sheet and supporting expanded operations following the recent merger approval with Yerbaé [5]. - Dominari Securities, LLC acted as the exclusive placement agent for the offering [5]. Group 3 - Safety Shot, Inc. is known for its patented wellness product, Sure Shot, which lowers blood alcohol content while enhancing clarity, energy, and mood [7].

Core Points - Safety Shot, Inc. has received a 180-calendar day extension from Nasdaq to regain compliance with the minimum bid price requirement, now due by December 29, 2025 [1][4] - The company meets all other Nasdaq listing requirements except for the bid price, and has expressed intention to address this deficiency during the compliance period [2] - The company's common stock will continue to trade on Nasdaq under the ticker symbol "SHOT" without immediate effect from this notification [3] Company Strategy - The CEO of Safety Shot has indicated that the Board of Directors has approved several strategic options to meet the bid price requirement [4] - The company aims to maintain a closing bid price of at least $1.00 per share for a minimum of 10 consecutive business days during the compliance period to regain compliance [4] - If compliance is not achieved by the deadline, the company may appeal any delisting decision to a Nasdaq Hearings Panel [4] Product Information - 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]

Core Insights - Yerbaé Brands Corp. has successfully completed a business combination with Safety Shot, Inc., where Safety Shot acquired all outstanding shares of Yerbaé [1][2] - The transaction was executed through a court-approved plan of arrangement, resulting in Safety Shot shareholders owning approximately 81.64% of the combined company, while former Yerbaé shareholders own about 18.36% [2][3] Transaction Overview - Under the arrangement agreement dated January 7, 2025, Safety Shot acquired all Yerbaé shares, with each Yerbaé shareholder receiving 0.2918 of a Safety Shot share for each Yerbaé share held [3] - The total number of Safety Shot shares issued in the transaction was 19,881,948 [2] - Yerbaé shares will be delisted from the TSX Venture Exchange and OTCQX effective June 30, 2025 [3] Shareholder Information - Yerbaé shareholders with physical share certificates must submit a Letter of Transmittal to receive their Safety Shot shares [4] - For shareholders holding shares in book-entry form or brokerage accounts, the exchange of shares is automatic [5] Company Profiles - Safety Shot, Inc. specializes in wellness and dietary supplements, notably developing Sure Shot, a patented product that lowers blood alcohol content while enhancing clarity and energy [6] - Yerbaé Brands Corp. produces plant-based energy beverages that are zero calorie, zero sugar, and cater to various dietary preferences, aiming to disrupt the energy beverage market [7] Advisory Information - Maxim Group LLC acted as the exclusive financial advisor to Safety Shot during the merger [8] - Legal counsel for Yerbaé was provided by Cozen O'Connor LLP, while Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. served as legal counsel for Safety Shot [9]

Acquisition Update - Safety Shot, Inc. has announced an update regarding the acquisition of Yerbaé Brands Corp., with the closing expected to finalize next week after stockholder approval on June 12, 2025 [1][2] - The delay in closing is attributed to the need for final administrative steps and scheduling adjustments following a shortened holiday week [2] Company Profiles - Safety Shot, Inc. is a wellness and dietary supplement company known for its patented product, Sure Shot, which lowers blood alcohol content while enhancing clarity, energy, and mood [4] - Sure Shot is available for purchase online and the company plans to expand its business-to-business sales throughout 2025 [4] - Yerbaé Brands Corp. is a plant-based functional beverage company that offers zero-sugar, zero-calorie energy drinks, appealing to health-conscious consumers [5]

Core Insights - Safety Shot, Inc. is expanding its patented wellness approach into the high-growth cognitive and restorative sleep markets, focusing on scientific rigor and unique formulations [1][3] - The company aims to leverage its expertise in developing its existing product, Sure Shot, to create new nootropic and sleep aid products [3][4] Company Developments - Safety Shot is initiating research and development for new product lines targeting nootropics and sleep aids, with prototypes expected later this year [1][6] - The company emphasizes a commitment to efficacy and tangible results, with a focus on advanced technologies to create distinct advantages in the market [4][6] Market Potential - The global nootropics supplements market is valued at approximately $6.5 billion and is projected to exceed $14.9 billion by 2034, with a compound annual growth rate (CAGR) of 8.7% [5] - The sleep-related supplements market was valued at $6.8 billion in 2023, with an anticipated CAGR of 5.1%, reaching $11.8 billion by 2034 [5] Product Focus - The new nootropic product will be engineered to enhance focus, cognition, and overall brain health for daily use [7] - The sleep aid aims to improve sleep quality and duration, addressing the critical role of sleep in productivity and mental clarity, with a unique formulation not typically found in existing products [7]

Core Viewpoint - Safety Shot, Inc. is holding its Annual Shareholders' Meeting on June 12, 2025, in a virtual format, emphasizing the importance of shareholder participation and voting [1][4]. Meeting Details - The meeting will commence at 11:00 AM EDT and requires prior registration for attendance [1]. - The record date for stockholders entitled to vote is April 28, 2025 [2]. Proxy Proposals - Several key proposals will be voted on during the meeting, including: 1. Approval of the issuance of Safety Shot Shares to Yerbaé Shareholders [5]. 2. Amendment to the Safety Shot 2024 equity incentive plan to increase the number of shares reserved for issuance [5]. 3. Authorization for the issuance of promissory notes and shares related to a securities offering completed on January 20, 2025 [5]. 4. Approval for the issuance of up to 20,000,000 Safety Shot Shares to Core 4 Capital Corp. in non-public offerings [5]. 5. Granting authority for a reverse stock split within a specified range [5]. 6. Proposal for adjournment of the meeting if necessary to solicit additional proxies [5]. Voting Information - Shareholders received a Notice of Internet Availability of Proxy Materials in early May, detailing how to access the Proxy Statement and annual report [3]. - Voting can be conducted via internet, telephone, or mail, with dedicated phone numbers provided for assistance [1][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 and energy [5][6]. - The company plans to expand its business-to-business sales of Sure Shot to various distributors and retailers throughout 2025 [6].

Core Insights - Safety Shot, Inc. is set to merge with Yerbaé Brands Corp., which has launched on TikTok Shop to enhance its direct-to-consumer reach and increase sales [1][4] - TikTok Shop is revolutionizing retail by providing brands with a powerful platform to connect with engaged consumers through seamless in-app shopping experiences [2][3] - Yerbaé plans to leverage TikTok's audience by forming strategic partnerships with content creators to boost brand awareness and drive direct sales [3][4] Company Overview - Yerbaé Brands Corp. offers plant-based functional beverages that are zero sugar, zero calorie, and non-GMO, targeting health-conscious consumers [6][7] - The company utilizes yerba mate, a South American herb, known for its rich nutritional profile, including 196 different vitamins, minerals, and nutrients [6] - Safety Shot, Inc. has developed a patented wellness product, Sure Shot, which lowers blood alcohol content while enhancing clarity and energy [8] Strategic Initiatives - Yerbaé's entry into TikTok Shop aligns with its digital-first growth strategy, focusing on data-driven marketing and real-time consumer insights [4] - The merger with Safety Shot is expected to strengthen Yerbaé's market position and ability to engage with younger consumers seeking healthier beverage options [4][5] - The company aims to integrate its brand into viral trends and influencer-driven campaigns on TikTok to capitalize on organic product discovery [3]

Core Insights - Safety Shot, Inc. has announced a strategic distribution partnership with Guckenheimer, significantly expanding Yerbaé's presence in corporate dining across the U.S. [1][2] - The partnership will allow Yerbaé to introduce its plant-based functional beverages to Guckenheimer's 480 market and café locations, serving notable companies like Google and Texas Instruments [1][2] - Vistar, a division of Performance Food Group, will facilitate the distribution of Yerbaé products through its nationwide network [2] Company Overview - Yerbaé Brands Corp. was founded in 2017 and focuses on creating plant-based functional beverages that are zero sugar and zero calorie, utilizing yerba mate as a key ingredient [6][7] - The company aims to meet the needs of wellness-oriented consumers by providing beverages that are non-GMO and gluten-free [7] - Safety Shot, Inc. has developed a patented wellness product, Sure Shot, which lowers blood alcohol content and enhances clarity and energy [8] Product Offerings - Guckenheimer will feature Yerbaé's 12-ounce energy line, including flavors such as Mango Passionfruit and Watermelon Strawberry, as well as its original unsweetened seltzer line [4] - The collaboration is seen as a significant milestone in Yerbaé's mission to provide better-for-you beverages to consumers nationwide [5]