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Safety Shot, Inc. - SHOT STOCK NEWS

Welcome to our dedicated page for Safety Shot news (Ticker: SHOT), a resource for investors and traders seeking the latest updates and insights on Safety Shot stock.

Safety Shot, Inc. (symbol: SHOT) is a prominent player in the wellness and functional beverage sector. Known for its innovative and health-centric products, the company is headquartered in Jupiter, Florida. Safety Shot, Inc. initially made waves as Jupiter Wellness, Inc., specializing in the development of hemp-derived cannabidiol (CBD) products for therapeutic and medical purposes. These products targeted a variety of ailments including cancer, arthritis, anxiety, insomnia, psoriasis, and chronic pain.

The company's product portfolio includes CBD-infused sun care lotions under the Canisun brand, providing various sun protection factors. Additionally, it is developing CBD-infused skincare products under the Caniskin brand and dermatological treatments under the CanidermRx brand.

Transitioning from its CBD roots, Safety Shot, Inc. has now ventured into the functional beverage market. The company is set to launch its groundbreaking product, Safety Shot. This patented beverage is designed to help consumers feel better faster by reducing blood alcohol content and enhancing mental clarity.

In a strategic move to expand its market presence, Safety Shot, Inc. has partnered with Gopuff, a delivery service that promises to bring thousands of products to customers' doorsteps within minutes. This collaboration is aimed at making Safety Shot a household name.

For more details about their products and latest developments, visit their official website at www.drinksafetyshot.com.

News

Safety Shot Provides Shareholder Update Highlighting Significant Milestones and Progress

Rhea-AI Summary

Safety Shot, Inc. (Nasdaq: SHOT) has achieved significant milestones recently, including the successful launch of their patented beverage, strategic distribution agreements, celebrity endorsements, and key management changes. The Company's focus on maximizing long-term shareholder value is evident in their progress and vision for growth.

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Nelk Boys to Partner With Safety Shot to Bring the Recovery & Wellness Drink to Fans and Followers

Rhea-AI Summary
Safety Shot, Inc. (Nasdaq: SHOT) partners with the Nelk Boys, a popular YouTube and social media group, as brand ambassadors. Safety Shot is a wellness beverage that reduces blood alcohol content in 30 minutes, offering hydration and improved wellbeing. The Nelk Boys, known for their prank videos and high-profile guests, will collaborate with Safety Shot for product promotions and activities.
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Safety Shot Closes $5 Million No Warrant Private Placement Priced At-the-Market

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Safety Shot, Inc. (Nasdaq: SHOT) raised $5 million through a private placement with Core 4 Capital Corp, issuing 2,369,668 shares at $2.11 per share without attaching warrants. The Company incurred minimal expenses and paid no commissions, ensuring almost all proceeds go to the Company. CEO Jarret Boon expressed excitement over the confidence shown by sophisticated investors.
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Safety Shot, Inc. (Nasdaq: SHOT) Announces Strategic Partnership with Launch 33 Brands to Expand Distribution in Los Angeles

Rhea-AI Summary
Safety Shot, Inc. (SHOT) partners with Launch 33 Brands to enhance its presence in the Southern California market. Launch 33 Brands will facilitate brand building and product placement in over 250 retail accounts in Los Angeles. Safety Shot, a unique alcohol detoxifier, aims to promote safer drinking habits and broaden its reach with this collaboration.
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Safety Shot Wins Lawsuit Against Capybara Research and Igor Appelboom – Benzinga Retracts Defamatory Story

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Safety Shot, Inc. (Nasdaq: SHOT) secures a Default Judgment in a legal battle against Capybara Research and Igor Appelboom for Securities Fraud and Tortious Interference, vindicating the Company. The judgment requires the defendants to retract defamatory articles and cease further publications. Safety Shot CEO, Jarrett Boon, expresses satisfaction with the outcome.
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CEO of Orangetheory Fitness David Long Joins Safety Shot’s Board of Directors

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Safety Shot, Inc. (SHOT) announces the addition of David J. Long, CEO of Orangetheory Fitness, to its Board of Directors. Long's extensive experience in the fitness and wellness industries, including successful ventures with Massage Envy and European Wax Center, brings valuable expertise to Safety Shot's innovative well-being solutions. With a track record of leading companies to significant growth and revenue milestones, Long's appointment signals a strategic move towards revolutionizing wellness with the development of a rapid alcohol detox drink.
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Safety Shot Taps Music and Film Industry Veteran Jordan Schur as New President and Company Board Member

Rhea-AI Summary
Safety Shot, Inc. (SHOT) appoints Jordan Schur as President and Board member to drive growth and brand recognition. Schur's extensive experience in the music and film industries, including founding successful entertainment companies, positions him to lead Safety Shot towards becoming a prominent wellness beverage brand. With a background of managing renowned artists and achieving significant revenue milestones, Schur's leadership is expected to propel Safety Shot to global success.
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Litigation Update - Safety Shot Authorized to Serve Notice of Motion for Default Judgment Upon Capybara Research and Igor Appelboom by Public Disclosure and Press Release

Rhea-AI Summary
Safety Shot, Inc. (SHOT) filed a federal lawsuit against Capybara Research and others in the United States District Court for the Southern District of New York. The defendants exhibited evasive behavior, leading to default judgments. Safety Shot seeks a default judgment against the defendants on March 15, 2024.
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Safety Shot Appoints Serial Entrepreneur John Gulyas as Chairman of the Board

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Safety Shot, Inc. appoints John Gulyas as Chairman of the Board to lead the company's transformation into a top wellness beverage brand. Gulyas brings extensive industry experience and a track record of successful franchise ownership and development. His vision includes positioning Safety Shot as a revolutionary product to enhance well-being and address alcohol-related risks.
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Seasoned business veteran Jarrett Boon steps up to the role of CEO as Brian John departs to Focus on Legacy Jupiter Wellness products.

Rhea-AI Summary
Safety Shot, Inc. (Nasdaq: SHOT) appoints Jarrett Boon as the new CEO, succeeding Brian John. Boon, with vast experience in successful business ventures, aims to lead the launch and growth of Safety Shot. The Company recently licensed and sold its Jupiter Wellness assets to Elite Health Partners. Boon's appointment signals a strategic move to enhance shareholder value and expand the business.
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FAQ

What is the current stock price of Safety Shot (SHOT)?

The current stock price of Safety Shot (SHOT) is $1.001 as of November 1, 2024.

What is the market cap of Safety Shot (SHOT)?

The market cap of Safety Shot (SHOT) is approximately 61.6M.

What does Safety Shot, Inc. do?

Safety Shot, Inc. is a wellness and functional beverage company known for its patented drink, Safety Shot, which helps reduce blood alcohol content and boost clarity.

Where is Safety Shot, Inc. headquartered?

Safety Shot, Inc. is headquartered in Jupiter, Florida.

What was the company's previous name?

The company was formerly known as Jupiter Wellness, Inc.

What are some of the company's other product lines?

Safety Shot, Inc. also offers CBD-infused sun care lotions under the Canisun brand, skincare products under the Caniskin brand, and dermatological treatments under the CanidermRx brand.

What is the purpose of the Safety Shot beverage?

The Safety Shot beverage is designed to help people feel better faster by reducing blood alcohol content and improving mental clarity.

What ailments does Safety Shot, Inc.'s CBD products target?

Their CBD products target ailments such as cancer, arthritis, anxiety, insomnia, psoriasis, and chronic pain.

What is Gopuff and how is it related to Safety Shot, Inc.?

Gopuff is a delivery service that will help distribute Safety Shot's products, aiming to turn it into a household brand.

How can I get more information about Safety Shot, Inc.?

More information can be found on their official website at www.drinksafetyshot.com.

Who can I contact for investor relations?

For investor relations, you can contact Medon Michaelides at 561-244-7100 or email investors@drinksafetyshot.com.

When was Safety Shot, Inc. founded?

Safety Shot, Inc. was founded in 2018.

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Safety Shot, Inc.

Nasdaq:SHOT

SHOT Rankings

#4712 Ranked by Market Cap
N/A Ranked by Dividends

SHOT Stock Data

61.60M
60.40M
30.52%
9.84%
7.61%
Beverages - Non-Alcoholic
Perfumes, Cosmetics & Other Toilet Preparations
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United States of America
JUPITER