Lucky Dog Holdings discloses 135K Series C preferred in SHOT filing

Rhea-AI Filing Summary

Lucky Dog Holdings filed a Form 3 reporting initial beneficial ownership in Safety Shot, Inc. (SHOT). The filing shows 25,422,072 shares of common stock beneficially owned directly and discloses that 27,481 shares of Series C Convertible Preferred Stock are presently convertible into that same number of common shares. The Series C Preferred Stock becomes convertible beginning 08/08/2025, and Lucky Dog holds a total of 135,000 Series C shares, of which 107,519 require stockholder approval before conversion. The reporting person is listed as a director and an officer. The filing was signed on 10/08/2025.

Positive

• Significant direct ownership: Lucky Dog Holdings reports 25,422,072 common shares, indicating strong alignment with company performance.
• Convertible holdings disclosed: Ownership of 135,000 Series C Preferred Stock provides a clear path to additional common shares after conversion commencement.

Negative

• Partial conversion subject to approval: 107,519 Series C shares require stockholder approval before conversion, delaying full dilution or voting changes.
• Potential dilution: Conversion of preferreds could materially increase common share count tied to the reported 25,422,072 share figure.

Insights

Corporate Governance Analyst

Large reported stake and convertible preferred terms create governance influence.

The filing shows Lucky Dog Holdings holds a direct beneficial position of 25,422,072 common shares and owns 135,000 Series C preferred shares, with 27,481 shares currently convertible beginning 08/08/2025. That scale of ownership signals meaningful voting power and potential control influence at shareholder meetings.

Risks include partial conversion blocked pending stockholder approval for 107,519 preferred shares, which limits immediate full conversion and could affect near‑term voting dynamics; watch for any shareholder votes or proxy materials in the next board cycle.

Equity Capital Structure Analyst

Convertible preferreds imply potential dilution and balance‑sheet change upon conversion.

The Series C Preferred Stock is convertible into common shares after the conversion commencement date, meaning conversion would increase outstanding common share count by up to the equivalent of 25,422,072 shares tied to the disclosed preferred holdings. The filing notes conversion mechanics and the requirement of shareholder approval for a portion of the preferreds.

Monitor any filings that state the number of outstanding common shares post‑conversion and any shareholder approvals; conversion timing around 08/08/2025 impacts when dilution may occur.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Lucky Dog Holdings

(Last) (First) (Middle)

HARBOUR PLACE, 103 SOUTH CHURCH STREET

# 10240

(Street)

GRAND CAYMAN KY1-1002

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
08/21/2025

3. Issuer Name and Ticker or Trading Symbol
Safety Shot, Inc. [ SHOT ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)	X	Other (specify below)
			Controlling Interest

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	25,422,072	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Series C Preferred Stock	08/08/2025	(1)	Common Stock	25,422,072(2)	$1.081	D

Explanation of Responses:

1. The Series C Preferred Stock may be converted into common stock at the option of the holder at any time after the Conversion Period Commencement Date.

2. With respect to Table II-3: 25,422,072 common stock, this would result from conversion of 27,481 shares of Series C Preferred Stock held by LDH.

Remarks:

Lucky Dog Holdings is an exempted company incorporated in the Cayman Islands, and has acquired 135,000 shares of Series C Convertible Preferred Stock, of which 27,481 shares can be converted, with the remaining 107,519 shares convertible following stockholder approval.

	/s/ Mitchell Rudy	10/08/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What did Lucky Dog Holdings report on the Form 3 for SHOT?

The Form 3 reports 25,422,072 common shares beneficially owned and ownership of 135,000 Series C Convertible Preferred Stock, with 27,481 shares currently convertible.

When do the Series C preferred shares become convertible for SHOT?

The Series C Preferred Stock is stated as convertible beginning on 08/08/2025.

How many Series C shares require shareholder approval before conversion?

107,519 of the 135,000 Series C Preferred Stock shares are convertible only after stockholder approval.

Who signed the Form 3 and when was it signed?

The Form 3 was signed by Mitchell Rudy on 10/08/2025.

Does the Form 3 indicate the reporter's relationship to Safety Shot (SHOT)?

Yes; the reporting person is identified as a director and an officer of the issuer.