Exhibit 10.1
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
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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 1.01 Entry Into A Material Agreement.
On April 22, 2024, Safety Shot, Inc., (the “Company”) entered into an employment agreement (the “Employment Agreement”) with Danielle De Rosa. Pursuant to the Employment Agreement, Ms. Rosa is entitled to:
| ● | Compensation: $250,000 per-annum, payable bi-monthly. | |
| ● | Stock Options: option to purchase 200,000 shares of common stock, with an exercise price of $1.57. The options shall expire 5 years after the date of issuance and shall be subject to the terms and conditions of the stock award agreement entered into by and between the Company and Ms. Rosa on April 22, 2024 (the “Option Agreement,” together with the Employment Agreement as the “Agreements”). |
The foregoing description of each of the Agreements do not purport to be complete and is qualified in its entirety by the text of the Agreement which are filed as Exhibit 10.1 and Exhibit 10.2 are incorporated herein by reference.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
The information contained in Item 1.01 to this current report on Form 8-K is incorporated by reference in this Item 5.02.
Item 9.01 Exhibits
| Exhibit No. | Description | |
| Exhibit 10.1 | Employment Agreement | |
| Exhibit 10.2 | Option Agreement | |
| 104 | Cover Page Interactive Data File (embedded within 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: April 26, 2024
| SAFETY SHOT, INC. | ||
| By: | /s/ Jarrett Boon | |
| Jarrett Boon | ||
| Chief Executive Officer | ||
Exhibit 10.1
Exhibit 10.2
