Safety Shot, Inc. Files 8-K Report

Ticker: BNKK · Form: 8-K · Filed: Jan 8, 2025 · CIK: 1760903

Safety Shot, INC. 8-K Filing Summary
FieldDetail
CompanySafety Shot, INC. (BNKK)
Form Type8-K
Filed DateJan 8, 2025
Risk Levellow
Pages13
Reading Time16 min
Key Dollar Amounts$8.50, $500,000, $1,750,000, $250,000
Sentimentneutral

Sentiment: neutral

Topics: listing, sec-filing

Related Tickers: SHOT, SHOTW

TL;DR

SHOT and SHOTW listed on Nasdaq. Standard 8-K filing.

AI Summary

On January 7, 2025, Safety Shot, Inc. filed an 8-K report. The filing indicates that the company's Common Stock (ticker: SHOT) and Warrants (ticker: SHOTW) are registered and traded on The Nasdaq Stock Market LLC. The report does not contain specific financial transactions or material events beyond the standard reporting requirements for a company listed on a major exchange.

Why It Matters

This filing confirms the listing status of Safety Shot, Inc.'s securities on the Nasdaq Stock Market, providing transparency for investors regarding where the company's stock and warrants are traded.

Risk Assessment

Risk Level: low — This is a routine 8-K filing that primarily confirms listing information and does not disclose any new material risks or significant operational changes.

Key Players & Entities

FAQ

What is the primary purpose of this 8-K filing for Safety Shot, Inc.?

The primary purpose of this 8-K filing is to report information related to the company's status as a registrant and the listing of its securities on The Nasdaq Stock Market LLC.

What are the trading symbols for Safety Shot, Inc.'s securities?

The trading symbol for Safety Shot, Inc.'s Common Stock is SHOT, and the trading symbol for its Warrants is SHOTW.

On which exchange are Safety Shot, Inc.'s Common Stock and Warrants registered?

Safety Shot, Inc.'s Common Stock and Warrants are registered on The Nasdaq Stock Market LLC.

What is the date of the earliest event reported in this filing?

The date of the earliest event reported in this filing is January 7, 2025.

Does this filing indicate any new financial transactions or material events for Safety Shot, Inc.?

No, this filing primarily serves to confirm the company's reporting status and the listing of its securities, and does not detail specific new financial transactions or material events.

Filing Stats: 4,019 words · 16 min read · ~13 pages · Grade level 18.1 · Accepted 2025-01-08 10:00:55

Key Financial Figures

Filing Documents

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): January 7, 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 1.01. Entry Into a Material Definitive Agreement Arrangement Agreement On January 7, 2025, Safety Shot, Inc., a Delaware corporation (the " Company ") entered into a definitive Arrangement Agreement (the " Arrangement Agreement ") with Yerba Brands Corp., (" Yerba "), a corporation organized under the laws of the Province of British Columbia, pursuant to which, among other things, the Company will acquire all of the issued and outstanding common shares of Yerba (the " Arrangement "). The Arrangement will be implemented by way of a plan of arrangement (the " Plan of Arrangement ") in accordance with the Business Corporations Act (British Columbia) and is subject to approval by the Supreme Court of British Columbia (the " Court "), the stockholders of the Company and the shareholders of Yerba, among other customary closing conditions for a transaction of this nature and size. Consideration On the terms and subject to the conditions of the Arrangement Agreement and the Plan of Arrangement, at the effective time of the Arrangement (the " Effective Time ") all of the common shares of Yerba then issued and outstanding immediately prior to the Effective Time (including the common shares of Yerba to be issued on the settlement of all of the performance share units and restricted share units of Yerba, which will be settled immediately prior to the Effective Time) will be acquired by the Company in consideration for the right to receive an aggregate of 20,000,000 shares of common stock of the Company (collectively, the " Consideration Shares ). Each option (each a " Replaced Option ") to purchase common shares of Yerba outstanding immediately prior to the Effective Time (whether or not vested) will be deemed to be exchanged for an option (" Replacement Option ") entitling the holder to purchase shares of common stock of the Company. The number of shares of common stock of the Company underlying each Replacement Option will equal the number of common shares of Yerba underlying the corresponding Replaced Option multiplied by the exchange ratio. Th e exercise price of each Replacement Option will equal the exercise price of the corresponding Replaced Option divided by the exchange ratio and each Replacement Option will be fully vested. In accordance with the respective terms of Yerba's outstanding warrants and debentures, the terms of each warrant and debenture of Yerba will entitle the holder thereof to receive, upon exercise or conversion, as applicable, in substitution for the number of Yerba common shares subject to such warrant or debenture, a number of shares of Company common stock. In addition, if the Arrangement is consummated, the Company will pay up to $500,000 of Yerba's transaction expenses. Representations a

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