Safety Shot, Inc. Announces Record Date for Spin-off of Caring Brands, Inc.
JUPITER, FL, March 28, 2025 – Safety Shot, Inc. (Nasdaq: SHOT) (the “Company” or “Safety Shot”), a leading provider of safety solutions and services, today announced significant news regarding a corporate restructuring. The record date for the spin-off and distribution of shares of common stock, par value $0.0001 per share, of Caring Brands, Inc. (“CABR”), currently a subsidiary of Safety Shot, has been set for April 7, 2025 (the “Record Date”).
Impact on Safety Shot Stockholders:
Stockholders of Safety Shot and holders of certain warrants issued in the Company’s public offering in July 2021 will receive one share of Caring Brands Common Stock for every 45 shares of the Company’s common stock held or underlying the Warrants, as of the Record Date. This means that Safety Shot stockholders will effectively own a portion of Caring Brands once the spin-off is complete.
Impact on the World:
The spin-off of Caring Brands from Safety Shot is expected to create two distinct companies, each with a clear focus on their respective industries. Safety Shot will continue to provide safety solutions and services, while Caring Brands will focus on its growing portfolio of consumer brands. This separation could lead to increased efficiencies, improved financial performance, and enhanced growth prospects for both companies.
Additional Information:
Caring Brands, Inc. is a leading consumer health and wellness company with a diverse portfolio of brands. Its products span various categories, including over-the-counter medications, nutritional supplements, and personal care items. The spin-off is part of a broader strategic initiative by Safety Shot to focus on its core business and unlock value for its shareholders through the creation of two separate, publicly traded companies.
Conclusion:
The announcement of the record date for the spin-off and distribution of Caring Brands Common Stock represents an exciting development for Safety Shot stockholders. Once the spin-off is complete, they will effectively own a portion of Caring Brands, a growing consumer health and wellness company. Furthermore, the separation of the two companies is expected to lead to increased focus, improved financial performance, and enhanced growth prospects for both entities. The world, too, stands to benefit from this corporate restructuring as two distinct companies with clear industry focuses emerge.
- Safety Shot announces record date for Caring Brands spin-off
- Stockholders to receive one share of Caring Brands Common Stock for every 45 shares of Safety Shot common stock
- Separation expected to lead to increased efficiencies and growth prospects for both companies
- Caring Brands focuses on consumer health and wellness products
