Core Viewpoint - Safety Shot, Inc. has terminated its at-the-market (ATM) equity offering program, reflecting its strong financial position and commitment to maximizing shareholder value [1][2][6]. Financial Performance and Outlook - The company has secured major distribution agreements with leading retailers, enhancing its market presence [2][3]. - Safety Shot's acquisition of Yerbaé Brands Corp. is expected to further enhance its product portfolio and market reach in the healthy beverage sector [5][9]. ATM Offering Update - Prior to termination, Safety Shot sold 397,064 shares through the ATM offering, raising approximately $0.48 million, which supported its growth initiatives [4]. Strategic Acquisition - The acquisition of Yerbaé Brands Corp. aligns with Safety Shot's mission to provide a comprehensive range of wellness solutions, tapping into the growing market for plant-based functional beverages [5][9]. Commitment to Shareholder Value - By terminating the ATM program, Safety Shot eliminates potential equity dilution, which is expected to positively impact shareholder value and contribute to a more stable share price [6][7].
Safety Shot, Inc. Terminates At-the-Market Equity Offering, Reaffirms Strong Financial Position and Growth Trajectory