24/7 Market News Snapshot 23 July, 2025 – Safety Shot, Inc. Common Stock (NASDAQ:SHOT)
DENVER, Colo., 23 July, 2025 (www.247marketnews.com) – (Nasdaq:SHOT) are discussed in this article.
Safety Shot, Inc. (Nasdaq:SHOT) has experienced a significant surge in its stock price, opening at $0.73 and climbing to $0.89, reflecting a noteworthy increase of 20.50%. This surge comes on the heels of robust investor interest, with the company posting a notable trading volume of 5.05 million shares. As market optimism around the company’s ventures continues to grow, technical indicators suggest a bullish momentum, positioning SHOT as an appealing prospect for investors.
Concurrently, the company has successfully priced a registered direct offering with an institutional investor involving the sale of 22,993,492 shares at $0.461 per share, alongside a concurrent private placement that includes warrants for the potential purchase of 45,986,984 shares at a purchase price of $0.125 per warrant. This strategic initiative is anticipated to yield gross proceeds of approximately $16.3 million before deductions for associated fees and expenses. The infusion of capital is designed to bolster Safety Shot’s balance sheet and support operational growth amid the recent approval of its merger with Yerbaé.
“We aim to strengthen our company’s foundation and expedite our growth trajectory through this financing,” stated Jarrett Boon, CEO of Safety Shot, Inc. This financial support will facilitate ongoing business operations, ensure smooth integration of the acquisition, and expand the company’s presence in the wellness industry. The closing of the offerings is expected to occur soon, with the shares being part of a shelf registration statement approved by the U.S. Securities and Exchange Commission (SEC). Also, with its flagship product, Sure Shot, now gaining traction through various online platforms, Safety Shot is poised to enhance its market presence and generate long-term value for shareholders.
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