Safety Shot, Inc. Announces Record Date for Spin-off of Caring Brands, Inc.
JUPITER, FL, March 28, 2025 – Safety Shot, Inc. (Nasdaq: SHOT) (“Safety Shot” or the “Company”), a leading provider of safety solutions, announced today that the record date for the spin-off and distribution of shares of common stock, par value $0.0001 per share, (“Caring Brands Common Stock”) of Caring Brands, Inc. (“SRM”), currently a subsidiary of the Company, has been set for April 7, 2025 (“Record Date”).
What is a Spin-off, and How Does it Affect Safety Shot, Inc. Shareholders?
A spin-off is a corporate transaction in which a parent company distributes a subsidiary’s shares to its shareholders. In the case of Safety Shot, Inc., this means that each shareholder of record as of the Record Date will receive one share of Caring Brands Common Stock for every five shares of Safety Shot Common Stock owned.
The effect on Safety Shot, Inc. shareholders is twofold:
- Diversification: The spin-off allows Safety Shot, Inc. shareholders to own shares in two separate publicly-traded companies, which can help reduce risk and increase potential returns.
- Proportional Ownership: Shareholders will receive Caring Brands Common Stock in proportion to their ownership of Safety Shot Common Stock, allowing them to maintain a similar percentage of ownership in both companies.
How Will the Spin-off Affect Me as an Individual Investor?
As an individual investor in Safety Shot, Inc., the spin-off will result in an increase in the number of securities you hold, as well as a potential change in your overall investment portfolio. The receipt of Caring Brands Common Stock will not incur any additional cost to you, as it will be distributed to you as a result of your existing ownership of Safety Shot Common Stock.
How Will the Spin-off Affect the World?
The spin-off of Caring Brands, Inc. from Safety Shot, Inc. is significant for several reasons:
- Market Diversification: The spin-off will create a new publicly-traded company, Caring Brands, Inc., which will provide investors with an additional option for investing in the healthcare industry.
- Competition: The separation of Caring Brands, Inc. from Safety Shot, Inc. will create two distinct companies that can focus on their respective core competencies, potentially leading to increased innovation and competition in their respective markets.
- Economic Impact: The spin-off may lead to increased employment opportunities and economic growth in the communities where both companies operate.
Conclusion
The spin-off of Caring Brands, Inc. from Safety Shot, Inc. represents an exciting opportunity for both companies and their shareholders. By distributing shares of Caring Brands Common Stock to Safety Shot, Inc. shareholders, the transaction allows for increased diversification, proportional ownership, and potential growth opportunities for investors. Additionally, the spin-off has the potential to create a more focused and competitive market landscape, as well as contribute to economic growth.
As a shareholder of Safety Shot, Inc., you will receive one share of Caring Brands Common Stock for every five shares of Safety Shot Common Stock owned as of the Record Date. The distribution of Caring Brands Common Stock is expected to occur in late May or early June 2025.
