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Safety Shot Shareholders Approve Key Proposals

Story Highlights
  • Safety Shot shareholders approved an amendment to increase shares by 22,000,000.
  • Shareholders authorized share issuance and a potential reverse stock split, impacting market positioning.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Safety Shot Shareholders Approve Key Proposals

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The latest announcement is out from Safety Shot ( (SHOT) ).

On June 12, 2025, Safety Shot, Inc. held a special meeting where shareholders approved several key proposals, including an amendment to the 2024 Equity Incentive Plan to increase the number of shares by up to 22,000,000. Additionally, shareholders authorized the issuance of shares to Yerbaé Shareholders and Core 4 Capital Corp., as well as the issuance of promissory notes and a potential reverse stock split. These decisions reflect strategic moves to enhance the company’s financial flexibility and align with Nasdaq listing requirements, potentially impacting its market positioning and stakeholder interests.

Spark’s Take on SHOT Stock

According to Spark, TipRanks’ AI Analyst, SHOT is a Neutral.

Safety Shot’s overall stock score is primarily impacted by its poor financial performance, evidenced by negative profitability metrics and a distressed balance sheet. Although technical indicators suggest the stock is oversold, the negative trend persists. The valuation is weak due to negative earnings. The positive corporate events, while promising, do not significantly impact the current financial and technical challenges.

To see Spark’s full report on SHOT stock, click here.

More about Safety Shot

Average Trading Volume: 2,070,578

Technical Sentiment Signal: Sell

Current Market Cap: $18.66M

For a thorough assessment of SHOT stock, go to TipRanks’ Stock Analysis page.

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