Core Viewpoint - Safety Shot, Inc. has postponed the record date for the spin-off and distribution of shares of Caring Brands, Inc. due to the lack of approval from Nasdaq for the listing of Caring Brands Common Stock [1][3]. Group 1: Spin-off Details - The new record date for the distribution of Caring Brands Common Stock will be announced later, with stockholders receiving one share for every 45 shares of Safety Shot's common stock held [2]. - Fractional shares of Caring Brands Common Stock will not be distributed; instead, they will be rounded down to whole shares by the distribution agent, ClearTrust, LLC [2]. - The distribution was initially expected to occur around August 9, 2025, contingent upon the effectiveness of Caring Brands' Registration Statement and Nasdaq's approval [3]. Group 2: Company Overview - Safety Shot, Inc. is a wellness and dietary supplement company known for its product Sure Shot, which is designed to lower blood alcohol content while enhancing clarity, energy, and mood [5]. - The company plans to expand its business-to-business sales of Sure Shot to various distributors, retailers, restaurants, and bars throughout 2025 [5].
Safety Shot, Inc. Postpones Record Date for Spin-Off and Distribution of Shares Common Stock of Caring Brands, Inc. - Updated