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. (formerly Jupiter Wellness, Inc. and later renamed Bonk, Inc. with ticker BNKK) generates a distinctive stream of corporate news as it transitions from a CBD consumer products background into a company focused on digital assets, DeFi revenue streams, and beverage brands. News related to the SHOT symbol and its successor identity centers on the company’s strategic integration with the BONK ecosystem and its efforts to bridge public markets with decentralized finance.
Recent announcements highlight the formation of BONK Holdings LLC to house a substantial BONK token treasury, the acquisition of a 10% revenue sharing interest in the letsBONK.fun memecoin launchpad, and a series of financings in which BONK founding contributors and digital asset firms participate through both cash and BONK tokens. Press releases also cover the company’s alliance with Monarq Asset Management to actively manage its BONK holdings using institutional-grade strategies aimed at yield generation and risk management.
Corporate governance and capital markets developments are another major theme. News items describe board refreshes that bring BONK core contributors and digital asset specialists into director roles, the reservation and later adoption of the BNKK ticker, and shareholder votes on increasing authorized common shares and approving transactions under Nasdaq Listing Rules. Additional coverage includes Nasdaq correspondence on listing rule compliance and the company’s corrective actions.
Alongside its digital asset strategy, the company’s beverage division and patented Safety Shot beverage, as well as Yerbaé’s plant-based energy beverage, are mentioned in multiple releases, providing context on non-crypto assets within the business. Investors following SHOT and BNKK news can expect updates on treasury size and management, revenue share receipts from letsBONK.fun, board and governance changes, financing structures, and key SEC-related milestones that shape the company’s evolving profile.
Safety Shot (Nasdaq: SHOT) has launched a new 4-ounce bottle version of its functional beverage aimed at reducing blood alcohol content (BAC). The smaller, portable format makes it easier for consumers to carry and use the product on the go. Safety Shot is formulated with essential B vitamins, antioxidants, electrolytes, and nootropics to boost mental clarity, energy, and mood. It is designed to support BAC metabolism in as little as 30 minutes. These new bottles will hit convenience and liquor stores across the U.S. in Q3 2024.
Safety Shot has announced a partnership with BM Distributors to expand market reach in Las Vegas. This collaboration aims to utilize BM Distributors' industry expertise and local market connections to enhance the availability of Safety Shot products, a unique beverage designed to reduce blood alcohol content, boost mental clarity, and improve overall mood. The partnership intends to promote responsible drinking and improve consumer health while targeting the core tourism audience in Las Vegas.
Safety Shot (Nasdaq: SHOT) announced its strategic initiative to introduce Safety Shot, the world's first rapid alcohol reducer, into 50 targeted 7-Eleven stores in Los Angeles starting in June. This product is designed to support the metabolism of alcohol, offering a unique benefit to 7-Eleven's beer and alcohol customers. The roll-out will be managed by Launch 33 Brands Distributing, led by seasoned beverage executive Dan Courtney. Safety Shot aims to expand into over 300 7-Eleven locations across Southern California and ultimately achieve a national launch. The partnership will focus on sales, shelf placements, promotional marketing, and consumer sampling events to drive product adoption and volume per outlet.
Safety Shot has announced its strategic expansion to the Northeast U.S., focusing on New York City, Long Island, and the Hamptons.
This launch, timed for the pre-summer months, aims to increase brand presence through partnerships with high-volume liquor stores, bodegas, bars, and restaurants. The company will also collaborate with market experts boasting over three decades of industry experience.
Josh Wagner, Safety Shot’s Chief Revenue Officer and former Head of Sales at Anheuser Busch InBev, will lead the initiative. The expansion will begin with GoPuff locations across the targeted regions.
This marks the first phase of a broader distribution rollout throughout the Northeast.
Safety Shot, Inc. (Nasdaq: SHOT) partners with Gopuff, a leading instant commerce company, to boost its accessibility to millions of consumers nationwide. The collaboration aims to make Safety Shot a household name through Gopuff's fast delivery service, providing the product in 4-packs and singles on various platforms. Safety Shot will also be available on BevMo! and Liquor Barn, expanding its reach further.
Safety Shot, Inc. (Nasdaq: SHOT) has achieved significant milestones recently, including the successful launch of their patented beverage, strategic distribution agreements, celebrity endorsements, and key management changes. The Company's focus on maximizing long-term shareholder value is evident in their progress and vision for growth.
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