UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C., 20549
FORM
CURRENT REPORT
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Item 1.01. Entry into a Material Definitive Agreement
Securities Purchase Agreement
On June 27, 2024, Safety Shot, Inc.., (the “Company”) entered into a Securities Purchase Agreement (the “SPA”) with one accredited investor (the “Investor”) for the purchase of 943,396 shares (the “Shares”) at a price of $1.06 per share which was the closing price on June 27, 2024. The Company’s President, Jordan Schur is a 15% owner of the Investor, but is not an officer or director of such Investor. Other shareholders of the Investor are also members of Mr. Schur’s immediate family (but not dependents). The Company paid no commissions in connection with the Offering and the net proceeds were approximately $1,000,000.
The SPA is filed as Exhibits 10.1 to this Current Report on Form 8-K and is incorporated herein by reference. The above descriptions of the terms of the SPA are qualified in their entirety by reference to such exhibit.
Item 3.02 Unregistered Sales of Equity Securities
The applicable information related to the Shares issued pursuant to the SPA presented in Item 1.01 of this Current Report is incorporated by reference in this Item 3.02. The Shares will be issued without prior registration in reliance upon the exemption from registration provided by Section 4(a)(2) of the Securities Act, and Rule 506(b) of Regulation D thereunder.
Item 7.01 Regulation FD
On June 28, 2024, the Company issued a press release. A copy of the press release is attached as Exhibit 99.1 hereto.
Item 9.01 Exhibits
| Exhibit No. | Description | |
| 10.01 | Securities Purchase Agreement dated June 27, 2024 | |
| 99.1 | Press Release dated June 28, 2024 | |
| 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 28, 2024
| SAFETY SHOT, INC. | ||
| By: | /s/ Jarrett Boon | |
| Jarrett Boon, | ||
| Chief Executive Officer | ||