SRM Entertainment Announces Lock-Up Agreement with Shareholder

SRM Entertainment, Inc. ( (SRM) ) has shared an announcement.

On February 14, 2025, SRM Entertainment, Inc. announced a lock-up agreement with major shareholder Safety Shot, Inc., covering 2,347,142 shares, or 13.7% of the company’s outstanding shares, effective February 10, 2025, prohibiting their sale until January 1, 2026. This agreement is intended to ensure market stability, align shareholder interests, and reinforce confidence in SRM Entertainment’s strategic direction and growth potential, with an emphasis on long-term value creation.

More about SRM Entertainment, Inc.

SRM Entertainment, Inc. is a company that designs, develops, and manufactures custom merchandise, including toys and souvenirs, for major theme parks and entertainment venues globally. Their products, often based on award-winning entertainment franchises, are distributed at attractions like Walt Disney Parks and Resorts, Universal Parks and Destinations, and others, alongside popular rides and events.

YTD Price Performance: -45.76%

Average Trading Volume: 3,136,504

Technical Sentiment Consensus Rating: Buy

See more data about SRM stock on TipRanks’ Stock Analysis page.