Safety Shot Shareholders Approve Acquisition of Yerbaé Brands
Deal News | Jun 13, 2025 | EIN
Safety Shot, Inc. (Nasdaq: SHOT), a wellness and dietary supplement company, has received a majority approval from its shareholders to proceed with the acquisition of Yerbaé Brands Corp. (TSX-V: YERB.U), a plant-based functional beverage company. This strategic merger, expected to finalize next week, will position the combined entity under the name Safety Shot, Inc., retaining the ticker symbol SHOT on the Nasdaq. The move will see Yerbaé's shares delisted from the TSX Venture Exchange. Safety Shot's CEO, Jarrett Boon, expressed gratitude for the shareholder support, highlighting the strategic value and growth potential the merger promises. Safety Shot aims to leverage Yerbaé's robust retail distribution network to expand its market reach. The acquisition combines Safety Shot’s wellness solutions, including its patented Sure Shot product, with Yerbaé's line of zero-sugar, zero-calorie energy beverages. Maxim Group LLC served as the financial advisor for the transaction. The company will release further merger completion details, expected formalized in a Form 8-K filing with the U.S. Securities and Exchange Commission.
Sectors
- Wellness and Dietary Supplements
- Functional Beverages
- Mergers and Acquisitions
Geography
- United States – Safety Shot, Inc. is based in the United States and its stock trades on the Nasdaq, making the transaction particularly relevant to U.S. markets.
- Canada – Yerbaé Brands Corp. is listed on the TSX Venture Exchange in Canada, indicating its Canadian market presence and relevance.
Industry
- Wellness and Dietary Supplements – Safety Shot, Inc. operates in the wellness and dietary supplement industry, specializing in products that promote health and wellness, such as their patented Sure Shot alcohol reducer.
- Functional Beverages – Yerbaé Brands Corp. operates within the functional beverage sector, focusing on plant-based, zero-sugar, zero-calorie energy beverages that cater to health-conscious consumers.
- Mergers and Acquisitions – The article discusses a significant M&A transaction between Safety Shot, Inc. and Yerbaé Brands Corp., illustrating the strategic consolidation within the beverage industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Safety Shot, Inc. | Acquirer | Company | A wellness and dietary supplement company known for its Sure Shot product. |
| Yerbaé Brands Corp. | Target | Company | A plant-based functional beverage company offering zero-sugar, zero-calorie energy drinks. |
| Maxim Group LLC | Financial Advisor | Company | Financial advisor to Safety Shot for the transaction. |
| Jarrett Boon | Chief Executive Officer | Person | CEO of Safety Shot, Inc., commenting on the strategic significance of the acquisition. |