JUPITER,
Fla., Sept. 4, 2024 /PRNewswire/ -- Safety Shot,
Inc. (Nasdaq: SHOT) (the "Company" or "Safety Shot") is pleased to
announce that Safety Shot President Jordan
Schur has invested in a $3.4
million private placement in the Company through his family
investment group, Core 4 Capital Corp. ("Core 4").
In addition to gross proceeds of $5
million that were raised in April and $1 million in June from Core 4, Safety Shot just
raised an additional $3.4 million
from the issuance of 3,370,787 Shares at a price of $0.89 and 3,370,767 warrants at $0.125 per warrant, With this investment, Core 4
has made a combined investment of $9.4
million from Core 4.
"I have seen amazing progress in this Company since I
joined approximately six months ago," said Schur. "The recent
release of our clinical trial conducted by the Center for Applied
Health Sciences shows that our product is clinically proven to
lower Blood Alcohol Content by supporting its metabolism and
alleviates the next morning symptoms of excessive drinking. I
couldn't be more excited about the Company's future," continued
Schur.
The Company intends to use the net proceeds from the Offering as
working capital, towards general corporate purposes, and to fund
the continued development and growth of the Safety Shot brand. For
more details of the investment, please see the Company's Current
Report on Form 8-k to be filed on September
4, 2024.
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.
Forward-Looking Statements
This press release includes certain disclosures that contain
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995 about us and our industry
that involve substantial risks and uncertainties. All statements
other than statements of historical facts contained in this press
release, including statements regarding Safety Shot's ability to
develop and commercialize a product that lowers blood alcohol
content, the timing, progress and results of non-clinical studies
and clinical trials, including our product development plans and
strategies, Safety Shot's future results of operations or financial
condition, business strategy and plans, and objectives of
management for future operations, are forward-looking statements.
In some cases, you can identify forward-looking statements because
they contain words such as "anticipate," "believe," "contemplate,"
"continue," "could," "estimate," "expect," "intend," "may," "plan,"
"potential," "predict," "project," "should," "target," "will," or
"would" or the negative of these words or other similar terms or
expressions. Forward-looking statements are based on Safety Shot's
current expectations and are subject to inherent uncertainties,
risks and assumptions that are difficult to predict. Factors that
could cause actual results to differ include, but are not limited
to, our ability to comply with applicable U.S. and foreign laws,
rules, and regulations, product liability claims, our ability to
develop and market safely.
Connect with Safety Shot: Website:
www.DrinkSafetyShot.com Twitter: @SafetyShotInc Instagram:
@SafetyShotInc Facebook: Safety Shot, Inc.
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SOURCE Safety Shot
