Safety Shot, Inc. has successfully priced a $22.99 million registered direct offering, issuing shares at $0.461 per share to bolster its capital base and support ongoing corporate initiatives.

Safety Shot (SHOT) announced the pricing of a registered direct offering with an institutional investor for the purchase and sale of 22,993,492 shares of its common stock at a purchase price of $0.461 per share. In a concurrent private placement, the Company also issued warrants to purchase up to 45,986,984 shares of common stock. The warrants have a purchase price of $0.125 per warrant and an exercise price of $0.461 per share, are exercisable immediately, and will expire five years from the date of issuance. The gross proceeds to the Company from the registered direct and concurrent private placement are expected to be approximately $16.3 million, before deducting the placement agent’s fees and other offering expenses. The closing of the registered direct offering and concurrent private placement is expected to occur on or about July 23, 2025. Dominari Securities acted as the exclusive placement agent for the offering.