An announcement from Safety Shot ( (SHOT) ) is now available.
Safety Shot, Inc. has successfully secured a $3.4 million investment through a private placement of shares and warrants by its President Jordan Schur’s family investment group, Core 4 Capital Corp. This latest injection of capital, priced at $0.89 per share and $0.125 per warrant, adds to earlier funding rounds, bringing Core 4’s total investment in the company to $9.4 million. Safety Shot plans to allocate the net proceeds toward working capital, corporate purposes, and the expansion of its flagship product, a wellness drink designed to metabolize alcohol and alleviate hangover symptoms. The development underscores the company’s ongoing efforts to establish its market presence in the wellness and dietary supplement industry.
For an in-depth examination of SHOT stock, go to TipRanks’ Stock Analysis page.