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8-K: Current report

SEC announcement ·  May 6 09:19
Summary by Moomoo AI
On May 6, 2024, Safety Shot, Inc., a Delaware-incorporated wellness and dietary supplement company, filed a Form 8-K with the SEC and issued a press release providing a comprehensive shareholder update. The update highlighted significant milestones and progress in the company's strategy to enhance long-term shareholder value. Key achievements include the successful launch of the company's flagship product, Safety Shot, a patented beverage designed to reduce blood alcohol content, which sold out on its first day on the company's website and on Amazon. Safety Shot also announced a strategic distribution agreement to expand its presence in Southern California and is preparing to launch in Las Vegas and Los Angeles retail stores by the end of Q2 2024. The company...Show More
On May 6, 2024, Safety Shot, Inc., a Delaware-incorporated wellness and dietary supplement company, filed a Form 8-K with the SEC and issued a press release providing a comprehensive shareholder update. The update highlighted significant milestones and progress in the company's strategy to enhance long-term shareholder value. Key achievements include the successful launch of the company's flagship product, Safety Shot, a patented beverage designed to reduce blood alcohol content, which sold out on its first day on the company's website and on Amazon. Safety Shot also announced a strategic distribution agreement to expand its presence in Southern California and is preparing to launch in Las Vegas and Los Angeles retail stores by the end of Q2 2024. The company is nearing the completion of a clinical trial to measure the effectiveness of Safety Shot. Additionally, Safety Shot has garnered support from a portfolio of celebrities and influencers. Management changes were also announced, including the appointment of Jarrett Boon as CEO, Jordan Schur as President and a member of the Board of Directors, John Gulyas as Chairman, David Sandler as COO, and David J. Long joining the Board. The company plans to expand its sales to distributors, retailers, restaurants, and bars in 2024. The press release also contained forward-looking statements about the company's expectations for future studies and results.
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