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UNITED
STATES
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): March 19, 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
7.01 Regulation FD Disclosure
On
March 19, 2024, Safety Shot, Inc. (the “Company”) issued a press release. A copy of the press release is furnished hereto
as Exhibit 99.1 and incorporated herein by reference.
Item
9.01 Financial Statements and Exhibits
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:
March 19, 2024
SAFETY
SHOT, INC. |
|
|
|
|
By: |
/s/
Jarrett Boon |
|
|
Jarrett
Boon |
|
|
Chief
Executive Officer |
|
Exhibit
99.1
Safety
Shot Wins Lawsuit Against Capybara Research and Igor Appelboom – Benzinga Retracts Defamatory Story
The
Default Judgment marks a significant victory in Safety Shot’s legal battle with Capybara Research and Igor Appelboom and Complete
Vindication for the Company.
JUPITER,
FL – March 19 2024 – Safety Shot, Inc. (Nasdaq: SHOT) (The “Company” or “Safety Shot”)
is pleased to announce that on March 18, 2024, the United States District Court Southern District of New York, has awarded the Company
a Default Judgment in its lawsuit against Capybara Research and Igor Appelboom for Securities Fraud and Tortious Interference, for the
defendants’ defamatory, unfounded and malicious article titled, Safety Shot Exposed $SHOT; Boca Raton Snake Oil:Unraveling the
Fraud behind the Drink and Its Dubious Origins.
In
the judgment, the Honorable Jed. S. Rakoff, wrote in relevant part, “as
to Defendants Capybara Research and Igor Appelboom,”Defaulting Defendants, and all persons acting individually or in concert with,
under the direction of or in support of Defaulting Defendants…are hereby: a. Directed to publicly retract in writing the article
authored by Defaulting Defendants Capybara Research and Igor Appelboom titled Safety Shot Exposed $SHOT; Boca Raton Snake Oil: Unraveling
the Fraud Behind the Drink and Its Dubious Origins from its website and/or social media accounts; b. Directed to remove any reference
to the article titled Safety Shot Exposed $SHOT; Boca Raton Snake Oil: Unraveling the Fraud behind the Drink and Its Dubious Origins
from its website and/or social media accounts; c. Permanently enjoined and restrained from authoring and/or publishing additional
articles referencing the article titled Safety Shot Exposed $SHOT; Boca Raton Snake Oil: Unraveling the Fraud Behin the Drink and
Its Dubious Origins; except for a public written retraction of any previously published article containing references to the same,”
Judge Rakoff wrote.
In
a separate settlement agreement, Defendant Accreative Capital LLC d/b/a Benzinga, agreed to retract and remove the defamatory story from
its website and cease from any future publication.
“We
are very pleased that the Court has awarded us this judgment. Being awarded this default judgment is a tremendous victory against Capybara
and Igor Appelboom and a complete vindication for the Company. Their ill-advised and illegal market manipulation violated securities
laws and improperly interfered with our business,” stated Safety Shot CEO Jarrett Boon.
About
Safety Shot
Safety
Shot, Inc., has developed a first-of-its-kind beverage that makes you feel better faster from the effects of alcohol by reducing blood
alcohol content and increasing mental clarity. Safety Shot leverages scientifically proven ingredients to enhance metabolic pathways
responsible for breaking down blood alcohol levels. The formulation includes a tailored selection of all-natural vitamins, minerals,
and nootropics, promoting faster alcohol breakdown and aiding in recovery and rehydration. Safety Shot has been available for retail
purchase since the first week of December 2023 at www.DrinkSafetyShot.com and www.Amazon.com. In addition, the Company
plans to introduce business-to-business sales to distributors, retailers, restaurants, and bars in 2024.
Forward
Looking Statements
This
communication contains forward-looking statements regarding Safety Shot, including, the anticipated timing of studies and the results
and benefits thereof. You can generally identify forward-looking statements by the use of forward-looking terminology such as “anticipate,”
“believe,” “continue,” “could,” “estimate,” “expect,” “explore,”
“evaluate,” “intend,” “may,” “might,” “plan,” “potential,” “predict,”
“project,” “seek,” “should,” or “will,” or the negative thereof or other variations thereon
or comparable terminology. These forward-looking statements are based on each of the Company’s current plans, objectives, estimates,
expectations, and intentions and inherently involve significant risks and uncertainties, many of which are beyond Safety Shot’s
control. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as
a result of these risks and uncertainties and other risks and uncertainties affecting Safety Shot and, including those described from
time to time under the caption “Risk Factors” and elsewhere in Safety Shot’s Securities and Exchange Commission (SEC)
filings and reports, including Safety Shot’s Annual Report on Form 10-K for the year ended December 31, 2023 and future filings
and reports by Safety Shot. Moreover, other risks and uncertainties of which the Company is not currently aware may also affect the Company’s
forward-looking statements and may cause actual results and the timing of events to differ materially from those anticipated. Investors
are cautioned that forward-looking statements are not guarantees of future performance. The forward-looking statements made in this communication
are made only as of the date hereof or as of the dates indicated in the forward-looking statements and reflect the views stated therein
with respect to future events at such dates, even if they are subsequently made available by Safety Shot on its website or otherwise.
Safety Shot undertakes no obligation to update or supplement any forward-looking statements to reflect actual results, new information,
future events, changes in its expectations or other circumstances that exist after the date as of which the forward-looking statements
were made.
Media
Contact:
Phone:
904-477-2306
Email:
emily@pantelidespr.com
Investor
Contact:
Phone:
561-244-7100
Email:
investors@drinksafetyshot.com
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