false 0001760903 0001760903 2024-04-22 2024-04-22 0001760903 us-gaap:CommonStockMember 2024-04-22 2024-04-22 0001760903 SHOT:WarrantsEachExercisableForOneShareOfCommonStockAt8.50PerShareMember 2024-04-22 2024-04-22 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C., 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): April 22, 2024

 

SAFETY SHOT, INC.

(Exact name of registrant as specified in charter)

 

Delaware   001-39569   83-2455880

(State or other jurisdiction

of incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

 

1061 E. Indiantown Rd., Ste. 110, Jupiter, FL 33477

(Address of principal executive offices) (Zip Code)

 

(561) 244-7100

(Registrant’s telephone number, including area code)

 

Not Applicable

(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
Common Stock   SHOT  

The Nasdaq Stock Market LLC

(The Nasdaq Capital Market)

         
Warrants, each exercisable for one share of Common Stock at $8.50 per share   SHOTW  

The Nasdaq Stock Market LLC

(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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Cover
Apr. 22, 2024
Document Type 8-K
Amendment Flag false
Document Period End Date Apr. 22, 2024
Entity File Number 001-39569
Entity Registrant Name SAFETY SHOT, INC.
Entity Central Index Key 0001760903
Entity Tax Identification Number 83-2455880
Entity Incorporation, State or Country Code DE
Entity Address, Address Line One 1061 E. Indiantown Rd.
Entity Address, Address Line Two Ste. 110
Entity Address, City or Town Jupiter
Entity Address, State or Province FL
Entity Address, Postal Zip Code 33477
City Area Code (561)
Local Phone Number 244-7100
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company true
Elected Not To Use the Extended Transition Period false
Entity Information, Former Legal or Registered Name Not Applicable
Common Stock [Member]  
Title of 12(b) Security Common Stock
Trading Symbol SHOT
Security Exchange Name NASDAQ
Warrants, each exercisable for one share of Common Stock at $8.50 per share  
Title of 12(b) Security Warrants, each exercisable for one share of Common Stock at $8.50 per share
Trading Symbol SHOTW
Security Exchange Name NASDAQ
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