Safety Shot, Inc. Announces Record Date for Spin-Off
JUPITER, FL — Safety Shot, Inc. (Nasdaq: SHOT) is excited to share that it has set an official date for its spin-off and distribution of shares of Caring Brands, Inc. This marks a significant step forward for both the company and its shareholders.
Details of the Spin-Off
The record date for this distribution has been established for April 7, 2025. This means that stockholders of Safety Shot and certain warrant holders will receive one share of Caring Brands Common Stock for every 45 shares of Safety Shot they possess as of this date. It's essential to note that fractional shares of Caring Brands Common Stock will not be created; instead, ClearTrust, LLC, acting as the distribution agent, will manage this by rounding down fractional shares to whole ones.
Expected Timing of Distribution
The anticipated payout for this distribution is around August 9, 2025, contingent upon the U.S. Securities and Exchange Commission (SEC) declaring the Caring Brands Registration Statement effective. Additionally, the planned listing of Caring Brands Common Stock on the Nasdaq Capital Market will need to be approved. If the Registration Statement does not gain effectiveness or if the listing is not approved, the distribution may face delays.
Trading of Caring Brands Common Stock
Once everything is in place, it is expected that Caring Brands Common Stock will commence trading on Nasdaq on or about April 11, 2025. This is an exciting development, as it presents a new investment opportunity for current shareholders.
About Safety Shot, Inc.
Safety Shot, Inc. is pioneering the wellness and dietary supplement industry with its flagship product, Sure Shot. This innovative product is designed to lower blood alcohol content while enhancing clarity, energy, and mood. It's revolutionary in its aim to promote responsible enjoyment of alcohol.
Availability and Future Plans
Sure Shot is readily available for purchase online through various platforms, including its dedicated website as well as Walmart and Amazon. The company is actively working to expand business-to-business sales throughout 2025, targeting distributors, retailers, restaurants, and bars. These efforts exemplify Safety Shot’s commitment to broadening its reach and impact.
Compliance and Regulations
Safety Shot emphasizes that this announcement does not constitute an offer to sell or solicit securities. It's critical for potential investors and shareholders to understand that the Registration Statement concerning Caring Brands is pending SEC approval, which means that restrictions apply until it becomes effective. Details about this process will be made available on the SEC's website and through official channels.
Investor Information
For any inquiries, investors and interested parties can reach out to Safety Shot directly at 561-244-7100 or by emailing investors@drinksafetyshot.com. This is a great opportunity for stakeholders to gain further insights into Safety Shot's ongoing projects and plans for future growth.
Frequently Asked Questions
What is the record date for the spin-off?
The record date for the spin-off is set for April 7, 2025.
How many shares of Caring Brands will be distributed?
One share of Caring Brands Common Stock will be distributed for every 45 shares of Safety Shot held.
When will the distribution take place?
The distribution is expected to occur on or around August 9, 2025.
Where can I find more information about Safety Shot's products?
Sure Shot is available for purchase on its website, Walmart, and Amazon.
How can investors stay updated on the developments?
Investors can follow press releases and corporate announcements from Safety Shot, and contact the company directly for inquiries.
