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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C., 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): November 1, 2024
SAFETY
SHOT, INC.
(Exact
name of registrant as specified in charter)
Delaware |
|
001-39569 |
|
83-2455880 |
(State
or other jurisdiction
of
incorporation) |
|
(Commission
File
Number) |
|
(IRS
Employer
Identification
No.) |
1061
E. Indiantown Rd., Ste. 110, Jupiter, FL 33477
(Address
of principal executive offices) (Zip Code)
(561)
244-7100
(Registrant’s
telephone number, including area code)
Not
Applicable
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions (see General Instruction A.2. below):
☐ |
Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
☐ |
Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
☐ |
Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
☐ |
Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
Title of
each class |
|
Trading Symbol(s) |
|
Name of each
exchange on which registered |
Common Stock |
|
SHOT |
|
The
Nasdaq Stock Market LLC
(The
Nasdaq Capital Market) |
|
|
|
|
|
Warrants, each exercisable
for one share of Common Stock at $8.50 per share |
|
SHOTW |
|
The
Nasdaq Stock Market LLC
(The
Nasdaq Capital Market) |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging
growth company ☒
If
an emerging growth company, indicate by check mart if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item
7.01 Regulation FD Disclosure
On
November 1, 2024, Safety Shot, Inc. (the “Company”) issued a press release. A copy of the press release is furnished hereto
as Exhibit 99.1 and incorporated herein by reference.
Exhibits
9.01 Financial Statements and Exhibits
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
Date:
November 1, 2024
SAFETY SHOT, INC. |
|
|
|
|
By: |
/s/ Jarrett Boon |
|
|
Jarrett Boon |
|
|
Chief Executive Officer |
|
Exhibit
99.1
Safety
Shot Expands Distribution to Chicagoland Grocery Stores
The
Company’s rapid alcohol-reducing beverage, Sure Shot, launches in Pete’s Fresh Market, Caputo’s, Tony’s Fresh
Market, Festival Foods, and Sunset Foods.
JUPITER,
Fla., November 1, 2024 /GlobeNewswire/ — Safety Shot, Inc. (Nasdaq: SHOT) (“Safety Shot” or “the Company”)
today announced a significant expansion of its retail footprint with the launch of its 4 oz. Sure Shot beverages in select Chicagoland
grocery stores. Sure Shot will be available in all stores of Pete’s Fresh Market, Caputo’s, Tony’s Fresh Market, Festival
Foods, and Sunset Foods, with disruptive placements throughout the stores to maximize visibility and consumer awareness.
This
strategic move into the Chicagoland market represents a key step in Safety Shot’s nationwide expansion strategy. By partnering
with these regional grocery chains renowned for their commitment to quality, freshness, and diverse selections, Safety Shot gains access
to a large and discerning consumer base in a major metropolitan area.
Sure
Shot is the world’s first beverage designed to reduce blood alcohol content (BAC) and boost mental clarity. Crafted with essential
B vitamins, antioxidants, electrolytes, and nootropics, this on-the-go beverage helps consumers enjoy themselves responsibly while supporting
mental clarity and energy. Backed by a recently awarded patent and positive clinical study results, Sure Shot is uniquely formulated
to reduce BAC in 30 minutes or less, providing a convenient and effective way for consumers to manage their alcohol consumption.
“We
are incredibly excited to bring Sure Shot to the Chicagoland market grocers,” said Jarrett Boon, CEO of Safety Shot, Inc. “This
expansion marks further confirmation in our mission to make responsible drinking more accessible and convenient for consumers. We are
confident that Sure Shot will resonate with Chicagoland shoppers who are looking for healthier and more mindful ways to enjoy social
occasions.”
“Since
the rebrand, we’ve seen a significant increase in consumer interest and engagement with Sure Shot,” added Boon. “This
expansion allows us to build on that momentum and introduce our product to a new audience of health-conscious consumers.”
“The
strategic placement of off-shelf displays in these high-traffic stores is key to capturing consumer attention and driving impulse purchases,”
said Josh Wagner, Chief Revenue Officer of Safety Shot, Inc. “Research shows that consumers are more likely to gravitate towards
and engage with products that are prominently displayed in off-shelf locations. Combined with the eye-catching new branding and convenient
4 oz. size, Sure Shot is poised to make a strong visual impact and appeal to shoppers.”
These
Chicagoland grocers are known for their commitment to providing a wide array of better-for-you products, and the introduction of Sure
Shot aligns perfectly with this focus on health and wellness. Consumers who prioritize their well-being and seek innovative solutions
are often drawn to new and unique products, and Sure Shot’s presence in these stores provides an excellent opportunity to reach
this receptive audience.
The
4 oz. Sure Shot bottles will be prominently displayed in participating stores throughout Q4, coinciding with the holiday season when
alcohol sales traditionally peak. With 60% of annual alcohol sales occurring in October, November, and December, this strategic timing
allows Safety Shot to capitalize on increased consumer demand and introduce its innovative product to a wider audience. Sure Shot will
be priced at $5.99 per unit.
This
expansion builds upon Safety Shot’s recent initiatives to increase brand awareness and market penetration, including a new partnership
with 7-Eleven stores in the Chicagoland area and a successful campaign with Launchpad Network to reach college students. These strategic
partnerships, combined with the company’s ongoing commitment to innovation and product development, are expected to drive continued
growth and contribute to increased shareholder value.
About
Safety Shot, Inc.
Safety
Shot, Inc., a wellness and dietary supplement company, has developed Safety Shot, the first patented wellness product on Earth that lowers
blood alcohol content by supporting its metabolism, while boosting clarity, energy, and overall mood. Safety Shot is available for purchase
online at www.sureshot.com and Amazon. The Company is introducing business-to-business sales of Safety Shot to distributors, retailers,
restaurants, and bars throughout 2024.
Forward-Looking
Statements
This
press release includes certain disclosures that contain “forward-looking statements” within the meaning of the Private Securities
Litigation Reform Act of 1995 about us and our industry that involve substantial risks and uncertainties. All statements other than statements
of historical facts contained in this press release, including statements regarding Safety Shot’s ability to develop and commercialize
a product that lowers blood alcohol content, the timing, progress and results of non-clinical studies and clinical trials, including
our product development plans and strategies, Safety Shot’s future results of operations or financial condition, business strategy
and plans, and objectives of management for future operations, are forward-looking statements. In some cases, you can identify forward-looking
statements because they contain words such as “anticipate,” “believe,” “contemplate,” “continue,”
“could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,”
“predict,” “project,” “should,” “target,” “will,” or “would”
or the negative of these words or other similar terms or expressions. Forward-looking statements are based on Safety Shot’s current
expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Factors that could cause
actual results to differ include, but are not limited to, our ability to comply with applicable U.S. and foreign laws, rules, and regulations,
product liability claims, our ability to develop and market Safety Shot and the risks and uncertainties that are described more fully
in the section titled “Risk Factors” in Safety Shot’s Form 10-Q for the fiscal year ended June 30, 2024, filed with
the Securities and Exchange Commission on August 15, 2024, and its other filings with the Securities and Exchange Commission. Forward-looking
statements contained in this press release are made as of this date, and Safety Shot undertakes no duty to update such information except
as required under applicable law.
Media
and Investor Contact:
Autumn
Communications
Jess
Weinberger
Phone:
201-213-3239
Email:
shot@autumncommunications.com
Investor
Relations
Medon
Michaelides
Phone:
561-244-7100
Email:
investors@drinksafetyshot.com
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