Summary by Moomoo AI
On August 30, 2024, Safety Shot, Inc., a Delaware-incorporated wellness and dietary supplement company, entered into a Securities Purchase Agreement with an accredited investor for the sale of 3,370,787 shares at $0.89 per share and an equal number of warrants at $0.125 each, with the warrants exercisable at $0.89 for five years from issuance. The investor is a family investment group, Core 4 Capital Corp., led by Safety Shot's President Jordan Schur, who owns 15% of the investor and whose immediate family members are also shareholders. The transaction, which did not involve any commissions, is expected to net the company approximately $3.421 million. The funds are intended for working capital, general corporate purposes, and the development and growth of the Safety Shot brand. This investment follows previous...Show More
