The settlement paves the way for the company to move forward with its strategic initiatives.

Safety Shot Inc. (NASDAQSHOT) and Yerbaé Brands Corp. (OTC: YERBF) have completed a merger agreement that aims to combine wellness products with plant-based energy drinks.

Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Safety Shot, Inc. (NASDAQSHOT) and Yerbaé Brands Corp. is fair to Safety Shot shareholders. Upon completion of the proposed transaction, Safety Shot shareholders are expected to own approximately 75.8% of the combined company.

JUPITER, Fla., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Safety Shot, Inc. (Nasdaq: SHOT) (“Safety Shot” or “the Company”) today announced an expected surge in revenue growth projected to exceed approximately 50% in Q4 2024 over Q3 of 2024. This projected performance is believed to be fueled by a combination of factors, including the rebranding of its flagship product, Sure Shot, which the Company believes has captured significant market share; strategic alliances with retailers, expanding the Company's reach across the country; and the strategic sale of securities, providing crucial capital to fuel further growth. The Company believes these anticipated results are a testament to the Company's strategic vision and execution.

Safety Shot just reported results for the second quarter of 2024.

Safety Shot (NASDAQSHOT), the revolutionary dietary supplement dedicated to stopping the negative effects of alcohol before they start, is undergoing a rebrand, including a new name: Sure Shot. The company partnered with Amalgam for the rebrand initiative. A full-service agency known with a proven track record of growing brands, Amalgam is supporting Sure Shot’s focus on defining, refining and expressing a distinctive position in it market. According to the announcement, the rebrand is inspired by comic-book-like art that embodies the product’s powerful and transformative functionality and includes a fresh new look and a newly improved product taste; in addition, the product is now available in four-ounce bottles and on-the-go powder stick packs.

Safety Shot (NASDAQSHOT), a wellness and dietary supplement company, today announced that the Safety Shot 4 oz. bottles will be sold at 7-Eleven convenience stores in Chicago at $5.99 each and $10 for two. The company plans to launch the bottles of Safety Shot, the world’s first beverage to reduce blood alcohol content, at 315 7-Eleven stores in the Chicago area. The company is partnering with the President and board members of the Franchise Owners Association (“FOA”) Chicago to make the launch successful. The Chicago area is the third largest metropolitan area in the U.S. and the fourth largest metropolitan area in North America.

Safety Shot (NASDAQSHOT), the wellness company behind the first-ever patented wellness product that lowers blood alcohol content in as little as 30 minutes by supporting its metabolism, has entered into a separation and exchange agreement with subsidiary Caring Brands Inc. According to the announcement, the company is divesting its wellness unit to“create value for shareholders and to focus on commercialization of its Safety Shot dietary supplement.” The transaction, which involves transferring the wellness consumer products segment, associated assets, intellectual property and liabilities to Caring Brands, will enable the separate entities to focus on their distinct strategy and business.

Safety Shot (NASDAQSHOT), the wellness company behind the first-ever patented wellness product that lowers blood alcohol content in as little as 30 minutes by supporting its metabolism, is partnering with Launchpad to raise brand awareness of its flagship product among college-age students. Launchpad is a leading marketing agency specializing in college-student-focused marketing solutions. According to the announcement, Safety Shot will be working with Launchpad’s All Roads Travel (“ART”) network; the platform is the no. 1 college tour operator in the country. The collaboration will involve peer-to-peer marketing, product trials and engagement in ambassador-led activities on campuses and on social media.

Safety Shot (NASDAQSHOT), a wellness and dietary supplement company, is announcing the Notice of Allowance for a U.S. patent. The patent covers the company’s newest clinically backed formula to solve alcohol related problems. According to the announcement, Safety Shot’s family of patents is intended to support its competitive advantage in the market which includes being faster at removing alcohol, enhancing cognitive ability, and reducing impairment by aiding the metabolism of alcohol.

Safety Shot (NASDAQSHOT), a wellness and dietary supplement company, is announcing that its President Jordan Schur – through Core 4 Capital Corp., his family investment group – has invested in a $3.4 million private placement in the company. The private placement involved the issuance of 3,370,787 shares at $0.89 per unit and 3,370,767 warrants at $0.125 per warrant. Following this investment, Safety Shot has received a combined investment of $9.4 million from Core 4. The company intends to use the net proceeds from the private placement for working capital and general corporate purposes, as well as to fund the continued development and growth of the Safety Shot brand.

Safety Shot (NASDAQSHOT), a wellness and dietary supplement company, announced another ground-breaking finding from its revolutionary, double-blind, randomized, placebo-controlled study evaluating Safety Shot, its rapid alcohol reducer. The new finding showed that Safety Shot increased aldehyde dehydrogenase and rapidly reduced, in as fast as 30 minutes, acetaldehyde (the main culprit of painful feelings after a night of heavy drinking). According to the announcement, the remarkable finding proves that Safety Shot reduces toxins associated with the consumption of alcohol long before any discomfort occurs. Safety Shot also significantly decreased blood alcohol content (“BAC”).

Safety Shot (NASDAQSHOT), a wellness company, is partnering with VENDO, a fully customizable, multipurpose eCommerce platform. Safety Shot has created the world’s first alcohol detoxifier that reduces blood alcohol content by supporting its metabolism in as little as 30 minutes. According to the announcement, VENDO is an Amazon expert and Walmart marketplace wizard that works directly with brands to drive strategic and sustainable growth across the digital eCommerce ecosystem. The partnership is designed to support Safety Shot in is efforts to grow the brand online.

Safety Shot (NASDAQSHOT), a wellness and dietary supplement company, has partnered with VENDO, a fully customizable multi-purpose e-commerce platform. A platform company that works directly with brands to push strategic and sustainable growth across the digital e-commerce ecosystem, VENDO is expected to significantly help to grow the Safety Shot brand online. As masters in the e-commerce space, VENDO works with Amazon, Walmart.com, TikTok Shop, and all Media Buying channels.

Safety Shot (NASDAQSHOT), a wellness and dietary supplement company, today reported its financial results for its Q2 ended June 30, 2024, and provided corporate highlights. The company reported a 40% increase in sales in Q2 2024 compared to Q1 2024 and a 17.7% decrease in operating expenses in Q2 2024 versus Q1 2024. According to the announcement, this decrease shows significant progress in the company’s financial health. Additional highlights included the recent clinical trial confirming a dramatic reduction of Blood Alcohol Content (“BAC”), a revolutionary formula in new, convenient 4-ounce bottles to be launched in Q3, and the powdered version of its alcohol-reducing nutraceutical to be released in Q4.

As the wellness industry evolves, there is increasing interest in products that address specific consumer needs beyond traditional health solutions. One area with limited innovation has been managing the effects of alcohol consumption. Safety Shot, Inc. (Nasdaq: SHOT) is making strides in this space with its flagship drink.

Safety Shot, Inc. (NASDAQSHOT): Upside Confirmed by Scientific Research

Safety Shot (NASDAQSHOT), a wellness and dietary supplement company, today announced significant new findings from a recent clinical trial. Conducted at The Center for Applied Health Sciences (“ CAHS ”), the double-blind, randomized, placebo-controlled study evaluated the acute impact of Safety Shot, the company’s dietary supplement, on consumer’s Blood Alcohol Content (“BAC”). According to the announcement, Safety Shot proved to consistently lower breath alcohol content at all measured time points compared to placebo.

Safety Shot (NASDAQSHOT) today announced its strategic partnership with KeHE Distributors, a leading natural and organic, specialty and fresh food distributor in North America. The collaboration expands Safety Shot’s presence to a broader audience and enhances consumer accessibility nationwide. Under the partnership, KeHE Distributors, renowned as one of the nation’s largest and most respected pure-play grocery and natural distributors, will play a pivotal role in ensuring that Safety Shot’s offerings reach more consumers efficiently and effectively. “We are excited to be joining forces with KeHE, whose large-scale network will be integral in helping to bring Safety Shot to the masses,” said Safety Shot’s Chief Revenue Officer Josh Wager. “This partnership will enable us to reach new heights in our distribution efforts, ensuring more consumers have access to Safety Shot. We look forward to a successful collaboration that benefits both of our companies and valued customers.”

Safety Shot (NASDAQSHOT), a wellness and dietary supplement company, has terminated its partnership with professional boxer Ryan Garcia. The company announced that it has severed ties with and no longer has any association with the boxer after his recent disparaging remarks. Safety Shot made the announcement, noting that it has zero tolerance for discrimination or hate speech of any kind and expects its grand ambassadors to uphold the highest standards. “We do not tolerate any form of disrespect to members of our community,” said Safety Shot CEO Jarrett Boon in the press release. “It is of the utmost importance that the people representing Safety Shot align with our core values. While we are severely disappointed in Mr. Garcia’s failure to live up to our company’s standards, we wish him luck as he enters drug and alcohol rehab and attempts to turn his life around.”