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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C., 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): January
10, 2025
SAFETY
SHOT, INC.
(Exact
name of registrant as specified in charter)
Delaware |
|
001-39569 |
|
83-2455880 |
(State
or other jurisdiction
of
incorporation) |
|
(Commission
File
Number) |
|
(IRS
Employer
Identification
No.) |
1061
E. Indiantown Rd., Ste. 110, Jupiter, FL 33477
(Address
of principal executive offices) (Zip Code)
(561)
244-7100
(Registrant’s
telephone number, including area code)
Not
Applicable
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions (see General Instruction A.2. below):
☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
☒ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
Common
Stock |
|
SHOT |
|
The
Nasdaq Stock Market LLC
(The
Nasdaq Capital Market) |
|
|
|
|
|
Warrants,
each exercisable for one share of Common Stock at $8.50 per share |
|
SHOTW |
|
The
Nasdaq Stock Market LLC
(The
Nasdaq Capital Market) |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging
growth company ☒
If
an emerging growth company, indicate by check mart if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item
7.01 Regulation FD Disclosure
On
January 10, 2025, Safety Shot, Inc. (the “Company”) issued a press release. A copy of the press release is furnished
hereto as Exhibit 99.1 and incorporated herein by reference.
Exhibits
9.01 Financial Statements and Exhibits
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
Date:January
10, 2025
SAFETY
SHOT, INC. |
|
|
|
|
By: |
/s/
Jarrett Boon |
|
|
Jarrett
Boon |
|
|
Chief
Executive Officer |
|
Exhibit
99.1
Yerbaé
Expands Distribution with Four New Partnerships, Creating Synergies with Safety Shot’s Operations
SCOTTSDALE,
Ariz., January 10, 2025 — Yerbaé Brands Corp. (TSX-V: YERB.U; OTCQX: YERBF) (“Yerbaé” or the “Company”),
a plant-based functional beverage company, announced today new partnerships with Carlson Distributing, Bison Beverage, George’s
Distributing, and Craig Stein Beverage to service Smith’s Food & Drug locations across the western United States. Smith’s
Food & Drug, a regional grocery chain with locations in Utah, Nevada, New Mexico, Arizona, Montana, Idaho, and Wyoming, is a subsidiary
of Kroger, the largest grocery chain in North America. Through these new distribution agreements, Yerbae will be available in more than
100 Smith’s locations across the region. This expansion aligns with the strategic growth plans of Safety Shot, Inc. (Nasdaq: SHOT),
which has agreed to acquire Yerbaé.
Carlson
Distributing will cover Utah, Bison Beverage will serve Wyoming, George’s Distributing will manage Montana, and Craig Stein Beverage
will handle Boise, Idaho. Together, these distributors will ensure Yerbae’s availability in more than 100 Smith’s stores.
“Partnering
with Carlson, Bison, George’s, and Craign Stein is an exciting step in our mission to provide more consumers with Yerbaé’s
refreshing and energizing beverages,” said Todd Gibson, CEO and Co-Founder of Yerbaé. “We’re thrilled to expand
our footprint and make Yerbaé available to even more consumers throughout these 7 states.”
The
new distributors will deliver Yerbaé’s latest 12oz functional beverage line, including Mango Passionfruit, Watermelon Strawberry,
Black Cherry Pineapple, Raspberry Sorbet, and Peachy Mimosa Twist.
This
expansion strengthens Yerbaé’s position in the west coast, where demand for healthier and functional beverage options continues
to grow.
Expanding
Distribution Network Creates Synergies for Safety Shot
Yerbaé’s
retail success is supported by a growing distribution network. Over 1,000 new brands enter the market each year seeking retail distribution
and distributor alignments. Yerbaé’s growth within these distributors marks significant strides in chain driven retail business
like Smith’s, but also positions the company strategically across multiple new regional account locations and independent retailers.
Within this segment of business, distribution is complemented with field sales and merchandising support, effectively building financial
strength in incremental case deliveries, sales and management of retail stock positioning.
These
new partnerships are expected to create synergies for Safety Shot by providing access to an expanded distribution network and new opportunities
for collaboration. Safety Shot may explore leveraging these relationships to introduce its innovative wellness products to a wider audience
and potentially collaborate with these distributors on joint marketing and sales initiatives. for both brands through streamlined logistics
and distribution.
Yerbaé
Brands Corp.
Founded
in 2017 by Todd Gibson and Karrie Gibson, Yerbaé Brands Corp., (TSX-V: YERB.U; OTCQX: YERBF) is disrupting the functional beverage
marketplace with great tasting, zero sugar, zero calorie beverages, while using plant-based ingredients that are designed to meet the
needs of the wellness forward consumer. Harnessing the power of nature, Yerbaé’s key ingredient (yerba mate, a South American
herb) is known to produce 196 different vitamins, minerals and nutrients as well as caffeine.
By
combining yerba mate with its premium ingredients and flavors, Yerbaé provides consumers with a no compromise functional beverage
solution. All Yerbaé beverages are zero calorie, zero sugar, non-GMO, and gluten free.
Find
us @DrinkYerbaé on Instagram, Facebook, Twitter and TikTok, or online at https://yerbae.com.
Contact
Information:
For
investors, investors@yerbae.com or 480.471.8391
To
reach CEO Todd Gibson, todd@yerbae.com or 480.471.8391
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 www.sureshot.com, www.walmart.com and Amazon. The Company is introducing business-to-business sales of Sure Shot
to distributors, retailers, restaurants, and bars throughout 2025.
Investor
Relations
Medon
Michaelides
Phone:
561-244-7100
Email:
investors@drinksafetyshot.com
Neither
TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
Forward-Looking
Statements
This
press release contains certain forward-looking statements within the meaning of the federal securities laws with respect to the proposed
business combination between SHOT and Yerbaé. All statements other than statements of historical facts contained in this press
release, including statements regarding Pubco’s, SHOT’ or Yerbaé’s future results of operations and financial
position, Pubco’s, SHOT’ and Yerbaé’s business strategy, prospective costs, timing and likelihood of success,
plans and objectives of management for future operations, future results of current and anticipated operations of Pubco, SHOT and Yerbaé,
and the expected value of the combined company after the transactions, are forward-looking statements. These forward-looking statements
generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,”
“intend,” “strategy,” “future,” “opportunity,” “plan,” “may,”
“should,” “will,” “would,” “will be,” “will continue,” “will likely
result,” and similar expressions. These forward-looking statements are subject to a number of risks, uncertainties and assumptions,
including, but not limited to, the following risks relating to the proposed business combination: the risk that the transaction may not
be completed in a timely manner or at all, which may adversely affect the price of SHOT’ securities; the occurrence of any event,
change or other circumstances that could give rise to the termination of the definitive agreement; the inability to complete the transactions
contemplated by the definitive agreement, including due to failure to obtain approval of the shareholders of SHOT or other conditions
to closing in the definitive agreement; the inability to obtain or maintain the listing of SHOT ordinary shares on Nasdaq following the
business combination; the risk that the transactions contemplated by the business combination disrupt current plans and operations of
SHOT as a result of the announcement and consummation of these transactions; the ability to recognize the anticipated benefits of the
business combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage
growth economically and hire and retain key employees; costs related to the business combination; changes in applicable laws or regulations;
the possibility that Yerbaé or SHOT may be adversely affected by other economic, business, and/or competitive factors; and other
risks and uncertainties to be identified in the Registration Statement and accompanying proxy statement/prospectus (when available) relating
to the transactions, including those under “Risk Factors” therein, and in other filings with the SEC made by SHOT. Moreover,
Yerbaé and SHOT operate in very competitive and rapidly changing environments. Because forward-looking statements are inherently
subject to risks and uncertainties, some of which cannot be predicted or quantified and some of which are beyond Yerbaé’s
and SHOT’ control, you should not rely on these forward-looking statements as predictions of future events. Forward-looking statements
speak only as of the date they are made. None of Yerbaé or SHOT gives any assurance that either Yerbaé or SHOT will achieve
its expectations. Readers are cautioned not to put undue reliance on forward-looking statements, and except as required by law, Yerbaé
and SHOT assume no obligation and do not intend to update or revise these forward-looking statements, whether as a result of new information,
future events, or otherwise.
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