The latest announcement is out from Safety Shot (SHOT).
Safety Shot, Inc. has engaged in a Securities Purchase Agreement with an accredited investor for the sale of over 2.3 million shares at a price matching the closing rate on the day of the agreement. The deal, involving no commissions, brought in nearly $5 million for the company. Additionally, the company committed to a Registration Rights Agreement, ensuring the new shares will be registered with the SEC. Notably, the company’s President has a significant financial interest in the investing party, alongside other family members.
For a thorough assessment of SHOT stock, go to TipRanks’ Stock Analysis page.