Safety Shot Stock Price, News & Analysis

Safety Shot (NASDAQ: SHOT) announced significant Q3 2024 developments, including its rebranding to 'Sure Shot' and launch of new 4oz bottles and stick packs. The company secured major distribution partnerships with 7-Eleven (300+ Chicago stores), Stellar Partners (airports), and Atlantic Beverage Distributors (Massachusetts and Rhode Island). Notable achievements include a new patent for BAC-reducing formulation, positive clinical study results, and a $3.4 million investment from company President Jordan Schur. The company plans to spin-off its Caring Brands wellness segment within 90 days, with shareholders receiving two million shares of the new entity.

Safety Shot (Nasdaq: SHOT) has announced a distribution agreement with Huckster to expand its alcohol-reducing beverage, Sure Shot, in the Chicago metro market. The product will be available in over 450 chain and independent stores across metro Chicago and southern Wisconsin, including convenience stores, tobacco shops, and grocery stores.

Sure Shot is formulated to reduce blood alcohol content in as little as 30 minutes using B vitamins, antioxidants, electrolytes, and nootropics. The product will be strategically placed at cash registers for maximum visibility. The partnership leverages Huckster's direct-to-store distribution expertise and retailer relationships to enhance Sure Shot's market presence.

Safety Shot (Nasdaq: SHOT) announced the launch of its 4 oz. Sure Shot beverages in select Chicagoland grocery stores, including Pete's Fresh Market, Caputo's, Tony's Fresh Market, Festival Foods, and Sunset Foods. The product, priced at $5.99 per unit, will feature disruptive store placements to maximize visibility. Sure Shot is designed to reduce blood alcohol content (BAC) in 30 minutes or less and boost mental clarity, containing B vitamins, antioxidants, electrolytes, and nootropics. The expansion coincides with the peak alcohol sales season, as 60% of annual alcohol sales occur during Q4.

Safety Shot, Inc. (Nasdaq: SHOT) has rebranded as Sure Shot, unveiling a new look and improved taste for its clinically proven alcohol reducer. The rebrand, led by Amalgam, features comic book-inspired art to reflect the product's transformative nature. Sure Shot is introducing 4-ounce bottles ($5.99) and on-the-go powder stick packs for convenient use.

The company aims to pioneer innovative functional beverages and create a unique market category as the only clinically proven alcohol reducer. Recent clinical data demonstrates the formula's efficacy in rapidly reducing BAC and unwanted effects of alcohol. The rebrand coincides with the company's exponential growth in its first year and represents its commitment to future expansion.

Safety Shot, Inc. (Nasdaq: SHOT) has rebranded as Sure Shot, unveiling a bold new look inspired by comic book art. The rebrand, led by Amalgam, focuses on the product's powerful functionality as the world's first clinically proven alcohol reducer. Sure Shot is introducing 4-ounce bottles ($5.99) and on-the-go powder stick packs for convenient use.

The rebranding effort coincides with recent clinical data demonstrating the formula's efficacy in rapidly reducing BAC and unwanted effects of alcohol. CEO Jarret Boon expressed excitement about the new identity, which represents the brand's evolution and future vision. The products will be available in convenience and liquor stores across the United States.

Safety Shot, Inc. (Nasdaq: SHOT) has announced that its 4 oz. bottles of Safety Shot, the world's first beverage to reduce blood alcohol content, will soon be available at 315 7-Eleven stores in the Chicago area. This partnership, established with the Franchise Owners Association (FOA) Chicago, will see the product placed on countertops, priced at $5.99 each or $10 for two.

7-Eleven, the world's largest convenience store chain with over 12,000 U.S. locations and $72 billion in sales last year, is an ideal platform for Safety Shot's commercialization efforts. The launch timing coincides with the fourth quarter, traditionally a peak period for alcohol sales due to holiday gatherings and seasonal stress.

CEO Jarrett Boon emphasized the strategic importance of this distribution in a major metropolis, particularly during a high-demand season for alcohol. The company plans to evaluate further strategic launches for its on-the-go bottles.

Safety Shot, Inc. (Nasdaq: SHOT) has announced a strategic move to spin off its wellness consumer products segment into a separate entity called Caring Brands, Inc. This decision aims to create value for shareholders and allow Safety Shot to focus on commercializing its proprietary Safety Shot Dietary Supplement, which supports alcohol metabolism and reduces Blood Alcohol Content.

As part of the agreement, Safety Shot will receive three million shares of Caring Brands stock. The company plans to issue a dividend of two million shares to Safety Shot shareholders. Caring Brands, which develops natural-based therapeutics for conditions like hair growth, psoriasis, vitiligo, and eczema, intends to go public via an IPO within the next three months.

This separation will enable each entity to pursue its distinct strategy and business, allowing shareholders to evaluate the performance of each business independently. Caring Brands will be responsible for all costs associated with its wellness business operations moving forward.

Safety Shot (Nasdaq: SHOT) has partnered with Launchpad's All Roads Travel (ART) network to target the college student market. ART, the #1 College Tour Operator in the U.S., will help raise brand awareness for Safety Shot's product that lowers blood alcohol content in 30 minutes. The campaign will span over 100 major campuses, utilizing thousands of student ambassadors to create organic content, organize events, and manage product sampling.

With 21 million college students in the U.S. boasting $593 billion in spending power, this partnership aims to establish Safety Shot as a must-have product among this demographic. CEO Jarett Boon emphasized the potential for significant brand awareness in a market that values both fun and academic success. The collaboration leverages ART's expertise in student engagement and peer-driven marketing to build brand loyalty among college students.

Safety Shot (Nasdaq: SHOT) announced a U.S. Notice of Allowance for a new patent covering its latest clinically-backed formula designed to rapidly reduce blood alcohol content (BAC).

The company says the formula can support alcohol metabolism and lower BAC in as little as 30 minutes, and the new patent is described as strengthening Safety Shot's intellectual property position, supporting enforceable marketplace claims, and differentiating its products from competitors.

Management framed the allowance as a milestone that advances the company's patent portfolio and R&D efforts across multiple product formats.