Safety Shot ( (SHOT) ) has issued an announcement.
Safety Shot, Inc. has announced the spin-off of its wellness division, Caring Brands, to better focus on its core product, the Safety Shot dietary supplement, which aids in metabolizing alcohol. The strategic move allows the company to streamline its operations and provides shareholders with potential value through a planned dividend of two million shares after receiving three million shares of Caring Brands stock. Caring Brands is preparing to go public via an IPO within three months, enabling investors to assess the performance of both entities separately.
For detailed information about SHOT stock, go to TipRanks’ Stock Analysis page.
