Welcome to our dedicated page for Safety Shot news (Ticker: SHOT), a resource for investors and traders seeking the latest updates and insights on Safety Shot stock.
Safety Shot, Inc. has changed its name to Bonk, Inc. and reports developments tied to a strategy centered on the BONK digital asset ecosystem. Recent company updates describe BONK Holdings LLC, a subsidiary formed to house the digital asset treasury strategy, the company’s BONK token accumulation, and its revenue-sharing interest in letsBONK.fun.
Recurring news themes include treasury management for BONK holdings, digital-asset partnerships, governance and board changes, shareholder voting matters, and capital-structure actions related to the company’s public-market transformation. Updates also reference the company’s Nasdaq trading identity and the transition from SHOT to BNKK.
Safety Shot, Inc. (Nasdaq: SHOT) is set to launch a powdered version of its alcohol-reducing nutraceutical in early Q4. The product, available in convenient stick pack format, maintains 100% efficacy of the original formula. This expansion addresses the growing global stick packaging market, projected to reach $517.61 million by 2031.
The powder stick packs will be offered in packs of 6, with some locations providing single stick options. This new format aims to increase brand visibility, expand retail presence, and broaden the customer base. Safety Shot's innovative product is designed to reduce blood alcohol content in as little as 30 minutes, offering a portable solution for consumers on the go.
Safety Shot, Inc. (Nasdaq: SHOT) has announced a strategic partnership with KeHE Distributors, a leading natural and organic food distributor in North America. This collaboration aims to expand Safety Shot's nationwide presence and enhance consumer accessibility. KeHE's network of over 6,800 employee-owners and 19 distribution centers will help deliver Safety Shot's products to thousands of new retail locations across the United States.
Josh Wager, Safety Shot's Chief Revenue Officer, expressed excitement about the partnership, highlighting its potential to bring Safety Shot to a broader audience. This distribution milestone follows recent partnerships with Atlantic Beverage Distributors and Prime CSB, further expanding Safety Shot's market reach to meet increased demand.
Safety Shot (Nasdaq: SHOT) has terminated its partnership with professional boxer Ryan Garcia due to remarks that were deemed discriminatory. The company, which maintains a strict zero-tolerance policy towards any form of hate speech, has officially severed all ties with Garcia. CEO Jarrett Boon emphasized the importance of brand ambassadors aligning with the company's core values, expressing disappointment in Garcia's behavior but wishing him well in his rehabilitation efforts. The termination underscores Safety Shot's commitment to upholding its ethical standards.
Safety Shot President Jordan Schur has made a $1 million private placement investment in the company through his family fund, Core 4 Capital Corp. This follows a prior $5 million investment by Core 4 Capital Corp in April 2024, coinciding with Schur's appointment as President. The recent investment involved the issuance of 943,396 shares at $1.06 per share, the closing price of Safety Shot's common stock, with no discount or attached warrants. The company incurred minimal expenses and paid no commissions, ensuring nearly all proceeds directly benefit Safety Shot. Schur expressed confidence in the company's growth and product innovation, highlighting the investment's potential to fuel further development.
Safety Shot has announced comedian and actor Drew 'Druski' Desbordes as their newest brand ambassador. Druski, known for his comedic sketches and large social media following, will help boost the beverage company's visibility. Safety Shot is a functional drink designed to reduce blood alcohol content, rehydrate, and boost mental clarity and energy using essential B vitamins, antioxidants, and nootropics. The partnership aims to leverage Druski's wide appeal and social media reach to enhance brand awareness and drive consumer interest.
Safety Shot announced the addition of comedian and actor Drew “Druski” Desbordes as a brand ambassador. Druski, popular for his sketch comedy, has over 7.7 million Instagram followers and 6.8 million on TikTok. He has collaborated with various artists and appeared in numerous music videos, movies, and TV shows. Safety Shot aims to leverage Druski's reach and relatable content to boost brand awareness and consumer loyalty. Safety Shot is a unique beverage designed to rapidly rehydrate and reduce blood alcohol content within 30 minutes.
Safety Shot (Nasdaq: SHOT) has entered into a strategic partnership with Atlantic Beverage Distributors to expand its distribution in Massachusetts and Rhode Island. Atlantic Beverage Distributors, established in 1995 and based in Holliston, Massachusetts, specializes in distributing craft beer, wines, spirits, and non-alcoholic beverages. This collaboration will leverage Atlantic's deep market knowledge and extensive network, aiming to increase Safety Shot’s market penetration in the Northeast. The distributor employs around 200 people, with 75 dedicated to sales, positioning Safety Shot for significant growth in the region. This move is part of Safety Shot's broader plan to expand its footprint in the Northeast, following a recent partnership with Prime CSB for distribution in New York and New Jersey.
Safety Shot (Nasdaq: SHOT) has announced a strategic partnership with Chip Quigley of Kingdom Entertainment Group and Ari Freedman of Surge Brands to enhance its marketing, events, brand development, and distribution. Quigley brings over two decades of experience in entertainment and marketing, while Freedman specializes in brand growth and market penetration. This collaboration aims to elevate Safety Shot’s presence through innovative events and expanded distribution channels. This partnership follows Safety Shot's recent Northeast expansion and collaborations with Mr. Checkout, Capital Drugs, GoPuff, and BevMo.
Safety Shot (Nasdaq: SHOT) has announced a partnership with renowned professional boxer and social media sensation, Ryan Garcia, as a brand ambassador. Garcia, known for his impressive boxing record of 25-1 with 20 knockouts, boasts nearly 12.5 million Instagram followers. This collaboration aims to enhance brand awareness and recognition for Safety Shot, a functional beverage designed to reduce blood alcohol content, improve hydration, mental clarity, and energy levels. Garcia's alignment with the brand underscores his commitment to health and wellness, making him an ideal partner to promote Safety Shot’s unique attributes. Other notable ambassadors include The Nelk Boys, Matthew Espinosa, Danny Way, and Druski.
Safety Shot (Nasdaq: SHOT) has announced a significant partnership with Capital Drugs to launch the world's first beverage designed to reduce blood alcohol content (BAC) in 300 pharmacies across the United States. This expansion is part of Safety Shot's broader strategy to enhance its nationwide availability. Capital Drugs, known for its diverse range of pharmaceutical services and wellness products, will provide an influential platform for Safety Shot's wellness-oriented beverage. The company aims to connect with a wellness-conscious audience and expand its market presence. This collaboration follows Safety Shot's recent entry into New York and New Jersey markets through Prime CBS and partnerships with GoPuff and BevMo.