Safety Shot, Inc. Files 8-K for Material Agreement

TL;DR

Safety Shot (SHOT) filed an 8-K on 6/27 for a material agreement & unregistered equity sale.

AI Summary

On June 27, 2024, Safety Shot, Inc. entered into a material definitive agreement related to the sale of unregistered equity securities. The company also disclosed information under Regulation FD and filed financial statements and exhibits.

Why It Matters

This filing indicates a significant transaction or event for Safety Shot, Inc., potentially impacting its financial structure or operational agreements.

Risk Assessment

Risk Level: medium — Filings related to material definitive agreements and unregistered equity sales can introduce uncertainty regarding dilution or the terms of new partnerships.

Key Players & Entities

• Safety Shot, Inc. (company) — Registrant
• June 27, 2024 (date) — Date of earliest event reported
• Delaware (jurisdiction) — State of incorporation
• 001-39569 (identifier) — SEC File Number

FAQ

Key Financial Figures

• $8.50 — isable for one share of Common Stock at $8.50 per share SHOTW The Nasdaq Stock Ma
• $1.06 — 396 shares (the "Shares") at a price of $1.06 per share which was the closing price o
• $1,000,000 — and the net proceeds were approximately $1,000,000. The SPA is filed as Exhibits 10.1 to

Filing Documents

• form8-k.htm (8-K) — 46KB
• ex10-1.htm (EX-10.1) — 261KB
• ex99-1.htm (EX-99.1) — 11KB
• ex99-1_001.jpg (GRAPHIC) — 3KB
• 0001493152-24-025536.txt ( ) — 596KB
• shot-20240627.xsd (EX-101.SCH) — 4KB
• shot-20240627_def.xml (EX-101.DEF) — 26KB
• shot-20240627_lab.xml (EX-101.LAB) — 36KB
• shot-20240627_pre.xml (EX-101.PRE) — 25KB
• form8-k_htm.xml (XML) — 6KB

From the Filing

UNITED 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): June 27, 2024 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 1.01. Entry into a Material Definitive Agreement Securities Purchase Agreement On June 27, 2024, Safety Shot, Inc.., (the "Company") entered into a Securities Purchase Agreement (the "SPA") with one accredited investor (the "Investor") for the purchase of 943,396 shares (the "Shares") at a price of $1.06 per share which was the closing price on June 27, 2024. The Company's President, Jordan Schur is a 15% owner of the Investor, but is not an officer or director of such Investor. Other shareholders of the Investor are also members of Mr. Schur's immediate family (but not dependents). The Company paid no commissions in connection with the Offering and the net proceeds were approximately $1,000,000. The SPA is filed as Exhibits 10.1 to this Current Report on Form 8-K and is incorporated herein by reference. The above descriptions of the terms of the SPA are qualified in their entirety by reference to such exhibit. Item 3.02 Unregistered Sales of Equity Securities The applicable information related to the Shares issued pursuant to the SPA presented in Item 1.01 of this Current Report is incorporated by reference in this Item 3.02. The Shares will be issued without prior registration in reliance upon the exemption from registration provided by Section 4(a)(2) of the Securities Act, and Rule 506(b) of Regulation D thereunder. Item 7.01 Regulation FD On June 28, 2024, the Company issued a press release. A copy of the press release is attached as Exhibit 99.1 hereto. Item 9.01 Exhibits Exhibit No. Description 10.01 Securities Purchase Agreement dated June 27, 2024 99.1 Press Release dated June 28, 2024 104 Cover Page Interactive Data File (embedded with the Inline XBRL document) 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: June 28, 2024 SAFETY SHOT, INC. By: /s/ Jarrett Boon Jarrett Boon, Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR