Safety Shot President Jordan Schur Invests $1 Million in the Company Through his Family Fund, Core 4 Capital Corp.

Rhea-AI Summary

Safety Shot President Jordan Schur has made a $1 million private placement investment in the company through his family fund, Core 4 Capital Corp. This follows a prior $5 million investment by Core 4 Capital Corp in April 2024, coinciding with Schur's appointment as President. The recent investment involved the issuance of 943,396 shares at $1.06 per share, the closing price of Safety Shot's common stock, with no discount or attached warrants. The company incurred minimal expenses and paid no commissions, ensuring nearly all proceeds directly benefit Safety Shot. Schur expressed confidence in the company's growth and product innovation, highlighting the investment's potential to fuel further development.

Positive

• Safety Shot received a $1 million investment from its President, ensuring confidence in the company's future.
• The investment mirrors a previous $5 million commitment from Core 4 Capital Corp, totaling $6 million in recent funding.
• Shares were issued at market price, with no discount and no warrants attached, preserving shareholder value.
• Minimal expenses and no commissions mean nearly all funds raised will support the company's growth.

Negative

• The funding was achieved through the issuance of new shares, potentially leading to shareholder dilution.

Financial Analyst

Jordan Schur's additional investment of $1 million in Safety Shot represents a significant vote of confidence from someone already intimately involved in the company. This indicates strong internal belief in the company's future potential. For a retail investor, this could be encouraging as it might suggest that those with insider knowledge are optimistic about the firm's prospects.

From a financial perspective, it’s noteworthy that the investment was made at the market price with no discount and no attached warrants. This is relatively unusual, as private placements often come with such incentives, which can dilute existing shareholders' equity. The minimal expenses and lack of commissions further ensure that almost all of the funds will be utilized by Safety Shot, which is favorable for existing shareholders.

In the short-term, this infusion of capital should bolster the company's cash position, potentially funding operational expansions or R&D without the immediate need for debt financing. In the long-term, Schur's commitment might lay a foundation for future investor interest or strategic partnerships, given the demonstrated internal confidence.

Market Research Analyst

The commitment by Core 4 Capital Corp and Jordan Schur, affirming an additional $1 million investment, aligns with growing trends in investor confidence within their own innovative product sectors. Schur's statement about the company’s growth trajectory reflects a broader market appetite for unique and high-demand solutions. For retail investors, this could be seen as a positive signal, showcasing the market positioning and potential scalability of Safety Shot's offerings.

However, it’s important to consider the context of these claims. While internal investments can signal confidence, they are not always a guaranteed indicator of market success. Investors should still perform their due diligence on Safety Shot's competitive positioning, product differentiation and market demands.

Additionally, the structure of the investment—being devoid of warrants and commissioned costs—helps retain value for current shareholders, reducing common concerns regarding dilution. This setup may also demonstrate an intentional move to maintain shareholder value, expecting positive returns from the market reception of their product.

This Private Placement Investment Comes in Addition to a $5 Million Investment from Core 4 Capital Corp Which Closed in April

JUPITER, FL, June 28, 2024 (GLOBE NEWSWIRE) -- Safety Shot, Inc. (Nasdaq: SHOT) (the “Company) is pleased to announce that Safety Shot President Jordan Schur has invested in a $1 million private placement in the Company through his family investment group, Core 4 Capital Corp. The investment is in addition to the $5 million private placement from the investment group that closed in April of 2024 upon Schur’s appointment as President of the Company.

Safety Shot raised gross proceeds of $1 million from the issuance of 943,396 shares at a price of $1.06 per share, the closing price of the Company’s common stock with no discount. No warrants were attached in the terms of the Offering. Safety Shot paid no commissions in connection with the financing and incurred minimal expenses. This is compared to most offerings that result in less than 90% of the proceeds actually going to the Company.

“I’ve seen promise in this company from the very beginning and I’m excited about the progress that I’ve seen over the last four months,” said Schur. “Safety Shot’s growth trajectory is a testament to the innovation of our product and the demand for this type of solution in the market and I can’t see a better use of my family's funds than to help the continued advancement of the Company in these early stages.”

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 DrinkSafetyShot.com and Amazon. The Company is introducing business-to-business sales of Safety Shot to distributors, retailers, restaurants, and bars throughout 2024.

Media and Investor Contact:

Autumn Communications
Jessica Weinberger
Phone: 916-677-7495
Email: shot@autumncommunications.com

Medon Michaelides
Investor Relations
Phone: 561-244-7100
Email: investors@drinksafetyshot.com

FAQ

What was the recent investment in Safety Shot by President Jordan Schur?

President Jordan Schur made a $1 million private placement investment in Safety Shot through his family fund, Core 4 Capital Corp.

When did the previous investment from Core 4 Capital Corp in Safety Shot occur?

The previous investment from Core 4 Capital Corp in Safety Shot occurred in April 2024.

How many shares were issued in the latest investment in Safety Shot?

Safety Shot issued 943,396 shares at $1.06 per share in the latest investment.

What is the ticker symbol for Safety Shot?

The ticker symbol for Safety Shot is SHOT.

Were there any discounts or warrants attached to the latest Safety Shot investment?

No, there were no discounts or warrants attached to the latest Safety Shot investment.

Did Safety Shot incur any commissions or major expenses in the latest investment?

No, Safety Shot did not incur any commissions and incurred minimal expenses in the latest investment.

How does the recent investment affect Safety Shot's operational funds?

The recent investment provides nearly all of the raised $1 million directly to Safety Shot, minimizing dilution costs.