This Private Placement Investment Comes in
Addition to a $5 Million Investment
from Core 4 Capital Corp Which Closed in April
JUPITER,
Fla., June 28, 2024 /PRNewswire/ -- Safety Shot,
Inc. (Nasdaq: SHOT) (the "Company) is pleased to announce that
Safety Shot President Jordan Schur
has invested in a $1 million private
placement in the Company through his family investment group, Core
4 Capital Corp. The investment is in addition to the $5 million private placement from the investment
group that closed in April of 2024 upon Schur's appointment as
President of the Company.
Safety Shot raised gross proceeds of $1
million from the issuance of 943,396 shares at a price of
$1.06 per share, the closing price of
the Company's common stock with no discount. No warrants were
attached in the terms of the Offering. Safety Shot paid no
commissions in connection with the financing and incurred minimal
expenses. This is compared to most offerings that result in less
than 90% of the proceeds actually going to the Company.
"I've seen promise in this company from the very beginning and
I'm excited about the progress that I've seen over the last four
months," said Schur. "Safety Shot's growth trajectory is a
testament to the innovation of our product and the demand for this
type of solution in the market and I can't see a better use of my
family's funds than to help the continued advancement of the
Company in these early stages."
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.
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SOURCE Safety Shot