UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C., 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported):
(Exact name of registrant as specified in charter)
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
(Address of principal executive offices) (Zip Code)
(Registrant’s telephone number, including area code)
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
(The Nasdaq Capital Market) | ||||
(The Nasdaq Capital Market) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging
growth company
If
an emerging growth company, indicate by check mart if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item 7.01 Regulation FD Disclosure
On June 17, 2022, Jupiter Wellness, Inc. (the “Company”) issued a press release announcing that it will retire certain shares repurchased under the Company’s stock repurchase program.
The foregoing description of the release does not purport to be complete and is qualified in its entirety by the terms and conditions of the press release, a copy of which is filed as Exhibit 99.1 hereto.
Cautionary Statements
This filing and attached exhibits includes “forward-looking statements.” All statements other than statements of historical facts included or incorporated herein may constitute forward-looking statements. Actual results could vary significantly from those expressed or implied in such statements and are subject to a number of risks and uncertainties. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. The forward-looking statements involve risks and uncertainties that affect our operations and financial performance. We do not undertake any duty to update any forward-looking statement except as required by law.
Item 9.01 Financial Statements and Exhibits
Exhibits
Exhibit No. | Description | |
99.1 | Press Release dated June 17, 2022. | |
104 | Cover Page Interactive Data File (embedded with the Inline XBRL document) |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: June 17, 2022
JUPITER WELLNESS, INC. | ||
By: | /s/ Brian John | |
Brian John | ||
Chief Executive Officer |
Exhibit 99.1
June 17, 2022
Jupiter Wellness Announces the Retirement of Approximately 10% of its Outstanding Shares
JUPITER, FL – Jupiter Wellness, Inc. (Nasdaq: JUPW) today announced the purchase and retirement of 2,433,894 common shares, which reduces the Company’s outstanding common shares to 22,151,528 an approximate 10% reduction in shares outstanding.
The Company previously announced a $5.0 million share buyback program. Under the program, shares of the Company’s stock may be repurchased periodically in the open market or privately negotiated transactions. To date, the Company has purchased 2,433,894 under the program.
“We continue to believe our stock is undervalued and today’s announcement shows continued commitment to our shareholders and the desire to retire shares at current market prices. Given our current cash position, I strongly feel this program is an attractive use of capital as we continue to reposition ourselves for the growth ahead,” said Brian John CEO.
About Jupiter Wellness
Jupiter Wellness translates innovative health science into revolutionary products aimed at skin, hair, sexual wellness, and general health. Our approach is defined by proven mechanisms of action, validated manufacturing processes, and controlled clinical trials. Our development pipeline includes products to address psoriasis, eczema, burns, herpes, cold sores, and skin cancer. Jupiter Wellness generates revenue from a growing line of over-the-counter skin care products, wellness brands sold through retail channels, and the licensing of our intellectual property and proprietary formulations. For more information, please visit www.JupiterWellness.com.
Media Contact
Phone:
561-244-7100
Email: info@JupiterWellness.com
Investor Contact
Phone: 561-244-7100
Email: investors@jupiterwellness.com
Forward-Looking Statements
This communication contains forward-looking statements regarding Jupiter Wellness, including, the anticipated timing of studies and the results and benefits thereof. You can generally identify forward-looking statements by the use of forward-looking terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “explore,” “evaluate,” “intend,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” or “will,” or the negative thereof or other variations thereon or comparable terminology. These forward-looking statements are based on each of the Company’s current plans, objectives, estimates, expectations, and intentions and inherently involve significant risks and uncertainties, many of which are beyond Jupiter Wellness’ control. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties and other risks and uncertainties affecting Jupiter Wellness and, including those described from time to time under the caption “Risk Factors” and elsewhere in Jupiter Wellness’ Securities and Exchange Commission (SEC) filings and reports, including Jupiter Wellness’ Annual Report on Form 10-K for the year ended December 31, 2021 and future filings and reports by Jupiter Wellness. Moreover, other risks and uncertainties of which the combined company is not currently aware may also affect each of the companies’ forward-looking statements and may cause actual results and the timing of events to differ materially from those anticipated. Investors are cautioned that forward-looking statements are not guarantees of future performance. The forward-looking statements made in this communication are made only as of the date hereof or as of the dates indicated in the forward-looking statements and reflect the views stated therein with respect to future events at such dates, even if they are subsequently made available by Jupiter Wellness on its website or otherwise. Jupiter Wellness undertakes no obligation to update or supplement any forward-looking statements to reflect actual results, new information, future events, changes in its expectations or other circumstances that exist after the date as of which the forward-looking statements were made.
###
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ⅅ! MXW 964Y!!Z$5S_\ PKGPM_T+VF_^ J?X5T$4201)'&H2- %55& .@%#MT$A M]>=_'^TN[KX4ZT;..26:$1SE8L[MJR*6QCV!->B4C*&!! (/!![T)V=QGFOQ M#^('AG5?A)K=S%JEK=0WVG2QP1+("\DCH0BA>N[<1QVKJ_A]97&G>!?#]K=J MRW,-A"DBMU5@@R#]*CM_AOX6M-3&H0Z!81WH;>)E@7(/J/0UTE-M6LA!7*?% M:QN=2^&_B2VLU9[J2QE$:I]XG;T'O75TG6DM!GG&E?$+PY"F.[EU6U\E-. M\N6.20;PXCP4*GG.>,5I_!>RN-/^%WAV"Z1HIEM5.QQ@J#R ?PQ6A+\-O"TV >I_VA)H%@UYNW>:8%SGU]*Z0 * , = *;:Z"/__9 end
V)JG2E((VI1&
MI9'"=1Z>9^/%Z.GB93293$?S^2493X=U!+"3 W;. 1Q"/B4-R3CVV99\8V]E
MB+B2!7'KM*UKRT6PNCE6]QRL!=V2L0]L?,4]:GSR=%9QQ:Y[Y31;K6[70O"N
M<[SK<_#&L2=D(J0ANR1S!4\!$9(,10;AA*@*OS37N/C=""&TK<(YK7,8![XO
M69I>'C;(!*XCW^-2L I)VVK;%Z.ZKA(.M2PV,7GRL2JTCWS>_N^TBXTHI<4E
MYXJ!N]A8ONVB =BXA7_D&^H]2/4"@E#*ALL]9 E7'\OX/5K1%FS