Safety Shot President Jordan Schur Invests an Additional $3.4 Million in the Company Through His Family Fund, Core 4 Capital Corp.
September 04 2024 - 1:00PM
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.
Media and Investor Contact:
Autumn CommunicationsJessica
WeinbergerPhone: 916-677-7495Email:
shot@autumncommunications.com
Medon MichaelidesInvestor RelationsPhone:
561-244-7100Email: investors@drinksafetyshot.com
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