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Safety Shot Completes Acquisition of Yerbae Brands Corp.
Globenewswire· 2025-06-27 13:28
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]
Safety Shot Provides Update on Expected Closing of Yerbaé Brands Corp. Acquisition
Globenewswire· 2025-06-20 12:30
SCOTTSDALE, AZ, June 20, 2025 (GLOBE NEWSWIRE) -- Safety Shot, Inc. (Nasdaq: SHOT) (“Safety Shot” or the “Company”) today provided an update on the expected timing for the closing of its previously announced acquisition of Yerbaé Brands Corp. (TSX-V: YERB.U) (“Yerbaé”). Following the approval of the acquisition by a majority of its stockholders on June 12, 2025, the companies have been working to complete the final administrative steps for the transaction. While the closing was anticipated this week, the pr ...
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].
Safety Shot, Inc. Developing Next-Generation Nootropic and Sleep Solutions by leveraging Core 'Feel Better Fast' Expertise
Globenewswire· 2025-06-03 12:30
Company to Expand Patented Wellness Approach into High-Growth Cognitive and Restorative Sleep Markets, Emphasizing Scientific Rigor and Unique Formulations SCOTTSDALE, AZ, June 03, 2025 (GLOBE NEWSWIRE) -- Safety Shot, Inc. (Nasdaq: SHOT) (“Safety Shot” or the “Company”), a wellness and dietary supplement company known for Sure Shot™, its patented product that rapidly lowers blood alcohol content by supporting its metabolism, today announced the initiation of research and development (R&D) for innovative ne ...
Safety Shot Reminds Shareholders to Vote Their Proxy at the Upcoming Annual Shareholder Meeting
Globenewswire· 2025-05-29 12:00
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].
Yerbaé Joins TikTok Shop to Accelerate Growth and Expand Digital Reach
Globenewswire· 2025-05-28 12:00
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]
Yerbaé Partners with National Foodservice Provider, Guckenheimer
Globenewswire· 2025-05-27 23:02
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]