Safety Shot President Jordan Schur Invests $1 Million in the Company Through his Family Fund, Core 4 Capital Corp.
28 Giugno 2024 - 2:30PM
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.
Media and Investor Contact:
Autumn CommunicationsJessica
WeinbergerPhone: 916-677-7495Email:
shot@autumncommunications.com
Medon MichaelidesInvestor RelationsPhone:
561-244-7100Email: investors@drinksafetyshot.com
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