Safety Shot, Inc. 8-K Filing: Stock Insights and Warrants Overview

$SHOT
Form 8-K
Filed on: 2025-01-08
Source
Safety Shot, Inc. 8-K Filing: Stock Insights and Warrants Overview

Based on the provided XML section of the financial report, here are the key pieces of information and insights extracted:

  1. Entity Information:
  • Company Name: Safety Shot, Inc.
  • CIK Number: 0001760903 (Central Index Key assigned by the SEC).
  • Address: 1061 E. Indiantown Rd. Ste. 110, Jupiter, FL 33477.
  • Contact Number: (561) 244-7100.
  1. Reporting Date:
  • Date of Report: January 7, 2025.
  1. Securities Information:
  • Common Stock: Listed under the ticker symbol "SHOT" on NASDAQ.
  • Warrants: Each warrant is exercisable for one share of common stock at an exercise price of $8.50 per share, listed under the ticker symbol "SHOTW" on NASDAQ.
  1. Stock Classifications:
  • The report categorizes shares under two classifications:
    • Common Stock: Identified as "us-gaap:CommonStockMember".
    • Warrants: Identified as "SHOT:WarrantsEachExercisableForOneShareOfCommonStockAt8.50PerShareMember".
  1. Document Type:
  • Filing Type: 8-K, which indicates a report of unscheduled material events or corporate changes.
  1. Regulatory Compliance:
  • The filing adheres to the XBRL (eXtensible Business Reporting Language) format, which is used for the standardized exchange of financial information.
  1. Financial Metrics:
  • Although specific financial metrics (like number of shares or total dollar amounts) are not detailed in the provided section, the context indicates a reporting structure for common stock and warrants based on the exercise price.

Insights:

  • Potential Dilution: The presence of warrants indicates that there could be potential dilution of shares if the warrants are exercised, as they allow holders to purchase shares at a fixed price.
  • Market Position: Being listed on NASDAQ suggests that Safety Shot, Inc. is a publicly traded company, possibly providing it with better access to capital markets.
  • Future Financing: The exercise of warrants could be seen as a means for the company to raise funds in the future, depending on the market conditions and the share price relative to the exercise price.

In summary, the report provides a snapshot of Safety Shot, Inc.'s stock structure as of January 7, 2025, highlighting its common stock and warrants while ensuring compliance with SEC regulations through its 8-K filing.