# EDGAR Filing Document

**Accession Number:** 0001760903
**File Stem:** 0001641172-25-013659
**Filing Date:** 2025-6
**Character Count:** 12963
**Document Hash:** 46e313be52573729c22d4e933745ca5e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001641172-25-013659.hdr.sgml**: 20250604

**ACCESSION NUMBER**: 0001641172-25-013659

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20250529

**ITEM INFORMATION**: Entry into a Material Definitive Agreement

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250604

**DATE AS OF CHANGE**: 20250604

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Safety Shot, Inc.
- **CENTRAL INDEX KEY:** 0001760903
- **STANDARD INDUSTRIAL CLASSIFICATION:** PERFUMES, COSMETICS & OTHER TOILET PREPARATIONS [2844]
- **ORGANIZATION NAME:** 08 Industrial Applications and Services
- **EIN:** 832455880
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-39569
- **FILM NUMBER:** 251023946

**BUSINESS ADDRESS:**
- **STREET 1:** 1061 E. INDIANTOWN RD.
- **STREET 2:** STE. 110
- **CITY:** JUPITER
- **STATE:** FL
- **ZIP:** 33477
- **BUSINESS PHONE:** 561-325-0482

**MAIL ADDRESS:**
- **STREET 1:** 1061 E. INDIANTOWN RD.
- **STREET 2:** STE. 110
- **CITY:** JUPITER
- **STATE:** FL
- **ZIP:** 33477

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Jupiter Wellness, Inc.
- **DATE OF NAME CHANGE:** 20200615

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CBD Brands, Inc.
- **DATE OF NAME CHANGE:** 20181206

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C., 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported): May 29, 2025

**SAFETY SHOT, INC.**

(Exact name of registrant as specified in charter)

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| | | |
|:---|:---|:---|
| **Delaware** | **001-39569** | **83-2455880** |
| (State or other jurisdiction<br> of incorporation) | (Commission<br> File Number) | (IRS Employer<br> Identification No.) |

---

**1061 E. Indiantown Rd., Ste. 110, Jupiter, FL 33477**

(Address of principal executive offices) (Zip Code)

**(561) 244-7100**

(Registrant's telephone number, including area code)

**Not Applicable**

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (<u>see</u> General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| Common Stock | SHOT | The Nasdaq Stock Market LLC<br> (The Nasdaq Capital Market) |
| Warrants, each exercisable for one share of Common Stock at $8.50 per share | SHOTW | The Nasdaq Stock Market LLC<br> (The Nasdaq Capital Market) |

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mart if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

**Item 1.01. Entry into a Material Definitive Agreement**

As previously disclosed on the Safety Shot, Inc., a Delaware corporation (the "Company") Current Report filed on Form 8-K on May 27, 2025, the Company contracted with the Silverback Capital Corporation ("SCC") and entered into a liabilities settlement program whereby it can pay down its debts in exchange for issuing freely trading securities to SCC (the "Liabilities Settlement Program"). As disclosed in the 10-Q for the quarter ended March 31, 2025, (the "10-Q"), the Liabilities Settlement Program was subject to court approval. On May 20, 2025, the court approval was granted. For more information on the Liabilities Settlement Program, see "Management's Discussion and Analysis-Recent Developments-Subsequent Liability" in the Company's 10-Q filed with the SEC on May 14, 2025.

On May 29, 2025, the Company and SCC entered into an Amendment to the Settlement and Stipulation Agreement (the "Amendment to the Settlement and Stipulation Agreement") to effectuate the following changes: (i) The "CLOSING PRICE" on page two (2) as defined in the Settlement Agreement and Stipulation is hereby amended and shall now mean the Sale Price of the last transaction of the Common Stock completed during the day's trading session on the Amended Settlement Date on the Principal Market; (ii) The "VALUATION PERIOD" on page three (3) as defined in the Settlement Agreement and Stipulation is hereby amended and shall now be twenty (20) days. The remainder of the provisions of the definition of "VALUATION PERIOD" as contained within the Settlement Agreement and Stipulation shall remain in full force and effect and shall in no way be affected, impaired or invalidated pursuant to this Amendment to Settlement Agreement and Stipulation; (iii) The "Minimum Price Floor" pursuant to the provisions of page fifteen (15)paragraph nine (9) of the Settlement Agreement and Stipulation is hereby amended and as such shall now mean $0.10. The remainder of the provisions of paragraph nine (9) on page fifteen (15) of the Settlement Agreement and Stipulation shall remain in full force and effect and shall in no way be affected, impaired or invalidated pursuant to this Amendment to Settlement Agreement and Stipulation; (iv) Section 3 of the Settlement Agreement and Stipulation is hereby amended to add the following subsection 3(g): "The Company shall issue to SCC 1,000,000 shares pursuant to Section 3(a)(10) of the Securities Act, as consideration for legal and transaction fees incurred"; (v) Pursuant to the terms, conditions and provisions of the Settlement Agreement and Stipulation, as well as Schedule "A" attached and incorporated therein and the Claim Purchase Agreements and debt instruments attached and annexed thereto and incorporated therein, certain Claims and liabilities have previously been paid by SCC prior to the date of the execution of this Amendment to Settlement Agreement and Stipulation. A schedule of Claims and liabilities previously paid by SCC and the remaining Claims, liabilities and balances thereon is/are attached hereto as Exhibit "C" and incorporated herein. Subject to the terms, conditions and provisions of the Settlement Agreement and Stipulation, this Amendment to Settlement Agreement and Stipulation and the Claim Purchase Agreements, SCC shall remain obligated to pay the remaining amounts as referenced in the attached Exhibit "C" schedule.

The Form of Amendment to the Settlement Agreement and Stipulation and the Form of Settlement and Stipulation Agreement are filed as Exhibits 10.1 and 10.2, respectively, to this Current Report on Form 8-K and are incorporated herein by reference. The above descriptions of the terms of the Agreements is qualified in its entirety by reference to such exhibit.

**Item 9.01 Exhibits**

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| | |
|:---|:---|
| **Exhibit**<br> **No.** | **Description** |
| 10.1 | [Form of Amendment to Settlement Agreement and Stipulation](ex10-1.htm) |
| 10.2 | [Form of Settlement and Stipulation agreement(as filed with the Securities and Exchange Commission on Current Report Form 8-K on May 27, 2025)](https://www.sec.gov/Archives/edgar/data/1760903/000164117225012512/ex10-1.htm) |
| 104 | Cover Page Interactive Data File (embedded with the Inline XBRL document) |

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**SIGNATURE**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: June 4, 2025

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| | |
|:---|:---|
| **SAFETY SHOT, INC.** | **SAFETY SHOT, INC.** |
| By: | */s/ Jarrett Boon* |
|  | *Jarrett Boon,* |
|  | Chief Executive Officer |

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## Exhibit 10.1

**Exhibit 10.1**

**AMENDMENT TO SETTLEMENT AGREEMENT AND STIPULATION**

This Amendment to Settlement Agreement and Stipulation is dated as of May 29, 2025 (the "Amended Settlement Date") by and between Safety Shot Inc. ("SHOT" or the "Company"), a corporation formed under the laws of the state of Nevada, and Silverback Capital Corporation, ("SCC"), a Delaware Corporation.

**BACKGROUND**

WHEREAS, SHOT and SCC entered into a Settlement Agreement and Stipulation as of May 9, 2025; (a copy of which is attached hereto and incorporated by reference as Exhibit "A"; and;

WHEREAS, The Circuit of the Twelfth Judicial Circuit in and for Manatee County, Florida executed an Order Granting Approval of Settlement Agreement and Stipulation on May 20, 2025; (a copy of which is attached hereto and incorporated by reference as Exhibit "B") and;

WHEREAS, pursuant to paragraph twenty-one (21) of the Settlement Agreement and Stipulation, SHOT and SCC desire to amend the Settlement Agreement and Stipulation;

NOW, THEREFORE, SHOT and SCC agree as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The "CLOSING PRICE" on page two (2) as defined in the Settlement Agreement and Stipulation is hereby amended and shall now mean the Sale Price of the last transaction of the Common Stock completed during the day's trading session on the Amended Settlement Date on the Principal Market.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. The "VALUATION PERIOD" on page three (3) as defined in the Settlement Agreement and Stipulation is hereby amended and shall now be twenty (20) days. The remainder of the provisions of the definition of "VALUATION PERIOD" as contained within the Settlement Agreement and Stipulation shall remain in full force and effect and shall in no way be affected, impaired or invalidated pursuant to this Amendment to Settlement Agreement and Stipulation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. The "Minimum Price Floor" pursuant to the provisions of page fifteen (15) paragraph nine (9) of the Settlement Agreement and Stipulation is hereby amended and as such shall now mean $0.10. The remainder of the provisions of paragraph nine (9) on page fifteen (15) of the Settlement Agreement and Stipulation shall remain in full force and effect and shall in no way be affected, impaired or invalidated pursuant to this Amendment to Settlement Agreement and Stipulation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Section 3 of the Settlement Agreement and Stipulation is hereby amended to add the following subsection 3(g): "The Company shall issue to SCC 1,000,000 shares pursuant

to Section 3(a)(10) of the Securities Act, as consideration for legal and transaction fees incurred".

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Pursuant to the terms, conditions and provisions of the Settlement Agreement and Stipulation, as well as Schedule "A" attached and incorporated therein and the Claim Purchase Agreements and debt instruments attached and annexed thereto and incorporated therein, certain Claims and liabilities have previously been paid by SCC prior to the date of the execution of this Amendment to Settlement Agreement and Stipulation. A schedule of Claims and liabilities previously paid by SCC and the remaining Claims, liabilities and balances thereon is/are attached hereto as Exhibit "C" and incorporated herein. Subject to the terms, conditions and provisions of the Settlement Agreement and Stipulation, this Amendment to Settlement Agreement and Stipulation and the Claim Purchase Agreements, SCC shall remain obligated to pay the remaining amounts as referenced in the attached Exhibit "C" schedule.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Any and all provisions of the Settlement Agreement and Stipulation attached hereto and incorporated herein not specifically altered or amended by this Amendment to Settlement Agreement and Stipulation shall remain in full force and effect as if fully set forth herein.

IN WITNESS WHEREOF, the parties have duly executed this Settlement Agreement and Stipulation as of the date first indicated above.

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| |
|:---|
| Silverback Capital Corporation |
| By: |
| Name: |
| Title: |
| Safety Shot Inc |
| By: |
| Name: |
| Title: |

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