Latest news with #Yerbaé
Associated Press
27-06-2025
- Business
- Associated Press
Safety Shot Completes Acquisition of Yerbae Brands Corp.
SCOTTSDALE, Ariz., June 27, 2025 (GLOBE NEWSWIRE) -- Yerbaé Brands Corp. (TSX-V: YERB.U; OTCQX: YERBF) ('Yerbaé'), a plant-based energy beverage company, and Safety Shot, Inc. (Nasdaq: SHOT) ('SHOT', 'Safety Shot', or the 'Company'), a wellness and dietary supplement company, are pleased to announce the successful completion of the previously announced business combination pursuant to which Safety Shot has acquired all of the issued and outstanding commons shares of Yerbae (the 'Yerbae Shares') pursuant to a court-approved plan of arrangement (the 'Transaction'). Transaction Overview Pursuant to the terms of an arrangement agreement dated January 7, 2025 between Safety Shot and Yerbae (the 'Arrangement Agreement'), at the effective time of the arrangement (the 'Effective Time'), all of the Yerbae Shares then issued and outstanding immediately prior to the Effective Time (including the Yerbaé Shares issued on the settlement of all of the performance share units and restricted share units of Yerbaé, which were settled immediately prior to the Effective Time) were acquired by Safety Shot in consideration for an aggregate of 19,881,948 shares of common stock (each, a 'SHOT Share') of Safety Shot. Upon closing of the Transaction, SHOT shareholders now own approximately 81.64% and former holders of the Yerbaé Shares own approximately 18.36% of Safety Shot. The Transaction was effected by way of a plan of arrangement (the 'Plan of Arrangement') pursuant to the Business Corporations Act (British Columbia). Under the terms of the Arrangement Agreement, SHOT acquired all of the issued and outstanding Yerbaé Shares, with each holder of Yerbaé Shares receiving 0.2918 of a SHOT Share for each Yerbaé Share held. For more information regarding the details of the Transaction, including the treatment of Yerbae's outstanding performance share units, restricted share units, warrants, debentures and stock options, please refer to Yerbae's Form 8-K dated January 8, 2025, as filed on Edgar on January 8, 2025. Effective June 30, 2025, the Yerbae Shares will be delisted from the TSX Venture Exchange and OTCQX. Yerbae shareholders who hold physical share certificates or DRS Statements must submit a Letter of Transmittal to Safety Shot's transfer agent, ClearTrust, LLC, to receive their Shot Shares. A copy of the Letter of Transmittal can be obtained from ClearTrust LLC, 16540 Pointe Village Dr., Ste 210, Lutz, FL 33558, Attn: Exchange Dept, (813) 235-4490, [email protected]. For Yerbae shareholders who hold their shares in book-entry form or in a brokerage account, the exchange is automatic and no additional action is required. About Safety Shot, Inc. Safety Shot, Inc., a wellness and dietary supplement company, has developed Sure Shot, the first patented wellness product on Earth that lowers blood alcohol content by supporting its metabolism, while boosting clarity, energy, and overall mood. Sure Shot is available for purchase online at and Amazon. The Company is introducing business-to-business sales of Sure Shot to distributors, retailers, restaurants, and bars throughout 2025. Yerbaé Brands Corp. Yerbaé Brands Corp., (TSXV: YERB.U; OTCQX: YERBF) makes great-tasting energy beverages with yerba mate and other premium, plant-based ingredients. All Yerbaé energy beverages are zero calorie, zero sugar, non-GMO, vegan, kosher, keto-friendly, paleo-approved, gluten-free and diabetic-friendly. Founded in Scottsdale, AZ in 2017, Yerbaé seeks to disrupt the energy beverage marketplace by offering a no-compromise energy solution, with input and support from its recently announced Yerbaé Advisory Board, Sports and Entertainment. Find us @DrinkYerbae on Instagram, Facebook, Twitter/X and TikTok, or online at For more information regarding Yerbaé's financial results, refer to Yerbaé's annual audited financial statements for the fiscal year ended December 31, 2024 and Yerbaé's interim unaudited financial statements for the three months ended March 31, 2025, which are filed on SEDAR+ at under Yerbaé's profile. Advisors Maxim Group LLC served as the exclusive financial advisor to Safety Shot in connection with the merger. Cozen O'Connor LLP served as legal counsel to Yerbaé and Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. served as legal counsel to Safety Shot in connection with the merger. On Behalf of the Board of Directors of Yerbaé Brands Corp. ' Todd Gibson ' Todd Gibson, Chief Executive Officer and Co-Founder Yerbaé Contact Information: For investors, [email protected] or 480,471.8391 To reach CEO Todd Gibson, [email protected] or 480.471.8391 Safety Shot Contact Information: Investor Relations Phone: 561-244-7100 Email: [email protected] Forward-Looking Statements This press release contains certain forward-looking statementswithinthe meaning of applicable securities laws with respect to the proposed Transaction and business combination between SHOT and Yerbaé. All statements other than statements of historical facts contained in this press release, including statements regarding the Transaction and closing thereof and the delisting of theYerbaéShares from the TSX Venture Exchange and OCTQX, are forward-looking statements. These forward-looking statements generally are identified by the words 'believe,' 'project,' 'expect,' 'anticipate,' 'estimate,' 'intend,' 'strategy,' 'future,' 'opportunity,' 'plan,' 'may,' 'should,' 'will,' 'would,' 'will be,' 'will continue,' 'will likely result,' and similar expressions. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including, but not limited to, the following risks relating to the proposed business combination: the inability to maintain the listing of SHOT ordinary shares on Nasdaq following the completion of the Transaction; the ability to recognize the anticipated benefits of the Transaction, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth economically and hire and retain key employees; costs related to the business combination; changes in applicable laws or regulations; the possibility that Yerbaé or SHOT may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties to be identified in the proxy statement relating to the Transaction, including those under 'Risk Factors' therein, and in other filings with the SEC made by SHOT or Yerbaé, as applicable. Moreover, each of Yerbaé and SHOT operate in very competitive and rapidly changing environments. Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified and some of which are beyond Yerbaé's and SHOT's control, readers should not rely on these forward-looking statements as predictions of future events. Forward-looking statements speak only as of the date they are made. Neither Yerbaé nor SHOT give any assurance that either Yerbaé or SHOT will achieve its expectations as stated herein. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, Yerbaé and SHOT assume no obligation and do not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.
Business Upturn
13-06-2025
- Business
- Business Upturn
Safety Shot, Inc. and Yerbaé Brands Corp Majority Shareholders Approve Proposed Acquisition of Yerbaé Brands Corp.
SCOTTSDALE, AZ, June 13, 2025 (GLOBE NEWSWIRE) — Safety Shot, Inc. (Nasdaq: SHOT) ('Safety Shot' or the 'Company'), a wellness and dietary supplement company, today announced that it a majority of its shareholders have voted by a majority to approve the proposed acquisition of Yerbaé Brands Corp. (TSX-V: YERB.U) ('Yerbaé'), a plant-based functional beverage company. The approval was obtained at Safety Shot's Special Meeting of Stockholders held earlier yesterday. Following the completion of the merger, which is expected to occur next week, the combined company will continue to operate under the name Safety Shot, Inc., and its common stock will continue to trade on The Nasdaq Capital Market under the ticker symbol 'SHOT'. Upon closing, Yerbaé's shares will be delisted from the TSX Venture Exchange. Jarrett Boon, Chief Executive Officer of Safety Shot, stated, 'On behalf of Safety Shot's Board of Directors, I want to extend our sincere gratitude to our stockholders for their overwhelming support and majority approval of this transformative acquisition. This vote marks a pivotal milestone and is a testament to the significant strategic value and growth potential that the combination of Safety Shot and Yerbaé represents. We are thrilled to move forward with satisfying the final closing conditions and look forward to welcoming the Yerbaé team and completing the transaction next week.' As previously announced on January 8, 2025, the acquisition brings together Safety Shot's innovative wellness solutions, including its patented Sure Shot™ rapid alcohol reducer product, with Yerbaé's popular and growing line of plant-based, zero-sugar, zero-calorie energy beverages. The combination is expected to create a powerful force in the functional beverage market by leveraging Yerbaé's robust retail and distribution network to accelerate the growth of both brands. The Company will announce further details upon the formal completion of the merger. The final voting results from the Special Meeting of Stockholders will be made available in a Current Report on Form 8-K to be filed by the Company with the U.S. Securities and Exchange Commission. Advisors Maxim Group LLC is serving as the exclusive financial advisor to Safety Shot in connection with the transaction. About Safety Shot, Inc. Safety Shot, Inc., a wellness and dietary supplement company, has developed Sure Shot, the first patented wellness product on Earth that lowers blood alcohol content by supporting its metabolism, while boosting clarity, energy, and overall mood. Sure Shot is available for purchase online at and Amazon. Safety Shot, Inc. is introducing business-to-business sales of Sure Shot to distributors, retailers, restaurants, and bars throughout 2025. About Yerbaé Brands Corp. Founded in 2017, Yerbaé Brands Corp. is a plant-based functional beverage company that has captured the attention of health-conscious consumers with its line of zero-sugar, zero-calorie energy beverages. Yerbaé's products are formulated with yerba mate and other clean ingredients to provide a 'better-for-you' energy boost. Investor Relations: Phone: 561-244-7100 Email: [email protected] Forward-Looking Statements: This press release contains forward-looking statements. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding the expected completion of the acquisition. These forward-looking statements are based on the current expectations of the management of Safety Shot and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Safety Shot, Inc. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
Yahoo
13-06-2025
- Business
- Yahoo
Safety Shot, Inc. and Yerbaé Brands Corp Majority Shareholders Approve Proposed Acquisition of Yerbaé Brands Corp.
SCOTTSDALE, AZ, June 13, 2025 (GLOBE NEWSWIRE) -- Safety Shot, Inc. (Nasdaq: SHOT) ('Safety Shot' or the 'Company'), a wellness and dietary supplement company, today announced that it a majority of its shareholders have voted by a majority to approve the proposed acquisition of Yerbaé Brands Corp. (TSX-V: YERB.U) ('Yerbaé'), a plant-based functional beverage company. The approval was obtained at Safety Shot's Special Meeting of Stockholders held earlier yesterday. Following the completion of the merger, which is expected to occur next week, the combined company will continue to operate under the name Safety Shot, Inc., and its common stock will continue to trade on The Nasdaq Capital Market under the ticker symbol 'SHOT'. Upon closing, Yerbaé's shares will be delisted from the TSX Venture Exchange. Jarrett Boon, Chief Executive Officer of Safety Shot, stated, 'On behalf of Safety Shot's Board of Directors, I want to extend our sincere gratitude to our stockholders for their overwhelming support and majority approval of this transformative acquisition. This vote marks a pivotal milestone and is a testament to the significant strategic value and growth potential that the combination of Safety Shot and Yerbaé represents. We are thrilled to move forward with satisfying the final closing conditions and look forward to welcoming the Yerbaé team and completing the transaction next week.' As previously announced on January 8, 2025, the acquisition brings together Safety Shot's innovative wellness solutions, including its patented Sure Shot™ rapid alcohol reducer product, with Yerbaé's popular and growing line of plant-based, zero-sugar, zero-calorie energy beverages. The combination is expected to create a powerful force in the functional beverage market by leveraging Yerbaé's robust retail and distribution network to accelerate the growth of both brands. The Company will announce further details upon the formal completion of the final voting results from the Special Meeting of Stockholders will be made available in a Current Report on Form 8-K to be filed by the Company with the U.S. Securities and Exchange Commission. Advisors Maxim Group LLC is serving as the exclusive financial advisor to Safety Shot in connection with the transaction. About Safety Shot, Inc. Safety Shot, Inc., a wellness and dietary supplement company, has developed Sure Shot, the first patented wellness product on Earth that lowers blood alcohol content by supporting its metabolism, while boosting clarity, energy, and overall mood. Sure Shot is available for purchase online at and Amazon. Safety Shot, Inc. is introducing business-to-business sales of Sure Shot to distributors, retailers, restaurants, and bars throughout 2025. About Yerbaé Brands Corp. Founded in 2017, Yerbaé Brands Corp. is a plant-based functional beverage company that has captured the attention of health-conscious consumers with its line of zero-sugar, zero-calorie energy beverages. Yerbaé's products are formulated with yerba mate and other clean ingredients to provide a 'better-for-you' energy boost. Investor Relations: Phone: 561-244-7100 Email: investors@ Forward-Looking Statements: This press release contains forward-looking statements. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding the expected completion of the acquisition. These forward-looking statements are based on the current expectations of the management of Safety Shot and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Safety Shot, Inc. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Yahoo
28-05-2025
- Business
- Yahoo
Yerbaé Partners with National Foodservice Provider, Guckenheimer
New partnership brings Yerbaé's functional beverages to Guckenheimer's national café & market business and expands reach for Safety Shot at the conclusion of the companies' merger SCOTTSDALE, Ariz., May 27, 2025 (GLOBE NEWSWIRE) -- Yerbaé Brands Corp. (TSX-V: YERB.U; OTCQX: YERBF) ('Yerbaé' or the 'Company'), a plant-based functional beverage company, today announced a strategic distribution partnership with Guckenheimer, a premier national food service operator. With over 480 market and café locations across 34 states, Guckenheimer serves some of the most recognizable companies, including Google, Texas Instruments, and Duolingo. This partnership significantly expands Yerbaé's footprint in corporate dining, bringing functional beverages with cleaner ingredients to workplaces nationwide while seeking to potentially expand the reach of Safety Shot Inc. ('Safety Shot'), Yerbae's acquisition partner, within the larger food and beverage vertical following the closing of the proposed transaction. 'Guckenheimer is such a respected and influential partner and we a proud to expand into such a prestigious organization' said Todd Gibson, co-founder and CEO of Yerbaé. 'Expanding our presence in corporate dining has been a long-term vision, and this collaboration allows us to introduce more people to our plant-powered beverages. We're excited to fuel Guckenheimer's customers with great-tasting, functional energy.' To drive this expansion, Vistar, a division of Performance Food Group, will leverage its nationwide distribution network of 18 strategically located centers to ensure the seamless and efficient delivery of Yerbaé products to Guckenheimer locations across the country. For more information on Safety Shot's proposed acquisition of Yerbaé, see the Company's news release dated January 8, 2025 and proxy circular dated May 5, 2025 filed under its profile on SEDAR+ at Expanding Product Availability and Empowering Consumers Guckenheimer will feature Yerbaé's 12-ounce energy line, including Mango Passionfruit, Watermelon Strawberry, Black Cherry Pineapple, Raspberry Sorbet, and Peachy Mimosa Twist. Additionally, Guckenheimer will carry Yerbaé's original unsweetened seltzer line, including Açaí Blueberry, Orange Cherry Pineapple, and Pomegranate Berry. This collaboration marks a significant milestone in Yerbaé's mission to provide better-for-you, plant-based beverages to consumers nationwide. Yerbaé Brands Corp. Founded in 2017 by Todd Gibson and Karrie Gibson, Yerbaé Brands Corp., (TSX-V: YERB.U; OTCQX: YERBF) is disrupting the functional beverage marketplace with great tasting, zero sugar, zero calorie beverages, while using plant-based ingredients that are designed to meet the needs of the wellness forward consumer. Harnessing the power of nature, Yerbaé's key ingredient (yerba mate, a South American herb) is known to produce 196 different vitamins, minerals and nutrients as well as caffeine. By combining yerba mate with its premium ingredients and flavors, Yerbaé provides consumers with a no compromise functional beverage solution. All Yerbaé beverages are zero calorie, zero sugar, non-GMO, and gluten free. Find us @DrinkYerbaé on Instagram, Facebook, Twitter and TikTok, or online at About Safety Shot, Inc. Safety Shot, Inc., a wellness and dietary supplement company, has developed Sure Shot, the first patented wellness product on Earth that lowers blood alcohol content by supporting its metabolism, while boosting clarity, energy, and overall mood. Sure Shot is available for purchase online at and Amazon. The Company is introducing business-to-business sales of Sure Shot to distributors, retailers, restaurants, and bars throughout 2025. Contact Information: For Yerbae Investors: investors@ 480.471.8391 Todd Gibson,CEO todd@ 480.471.8391 For Safety Shot Investor Relations: CORE IR516 222 2560investors@ Media Contact: CORE IRJules Abraham516 222 2560julesa@ Statements This press release contains certain forward-looking statements within the meaning of the applicable securities laws. All statements other than statements of historical facts contained in this press release are forward-looking statements, including, but not limited to, statements regarding Guckenheimer's ability to help Yerbaé grow its presence both nationwide and in the corporate dining space, Yerbaé's ability to capitalize on growing consumer demand for plant-based, better-for-you alternatives in the beverage sector, particularly within Vistar's network. These forward-looking statements generally are identified by the words 'believe,' 'project,' 'expect,' 'anticipate,' 'estimate,' 'intend,' 'strategy,' 'future,' 'opportunity,' 'plan,' 'may,' 'should,' 'will,' 'would,' 'will be,' 'will continue,' 'will likely result,' and similar expressions. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including, but not limited to, Yerbaé's inability to grow its presence nationwide or within the corporate dining sector and, in connection therewith; its ability to capitalize on the growing demand for plant-based, better-for-you alternatives in the beverage sector; changes in applicable laws or regulations; the possibility that Yerbaé may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties not in the direct control of the Company. Moreover, Yerbaé operates in very competitive and rapidly changing environments. Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified and some of which are beyond Yerbaé's control, you should not rely on these forward-looking statements as predictions of future events. Forward-looking statements speak only as of the date they are made. Yerbaé gives no assurance that it will achieve the expectations stated herein. Readers are cautioned not to put undue reliance on forward-looking statements, and except as required by law, Yerbaé assumes no obligation and do not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-05-2025
- Business
- Yahoo
Yerbaé Partners with National Foodservice Provider, Guckenheimer
New partnership brings Yerbaé's functional beverages to Guckenheimer's national café & market business and expands reach for Safety Shot at the conclusion of the companies' merger SCOTTSDALE, Ariz., May 27, 2025 (GLOBE NEWSWIRE) -- Yerbaé Brands Corp. (TSX-V: YERB.U; OTCQX: YERBF) ('Yerbaé' or the 'Company'), a plant-based functional beverage company, today announced a strategic distribution partnership with Guckenheimer, a premier national food service operator. With over 480 market and café locations across 34 states, Guckenheimer serves some of the most recognizable companies, including Google, Texas Instruments, and Duolingo. This partnership significantly expands Yerbaé's footprint in corporate dining, bringing functional beverages with cleaner ingredients to workplaces nationwide while seeking to potentially expand the reach of Safety Shot Inc. ('Safety Shot'), Yerbae's acquisition partner, within the larger food and beverage vertical following the closing of the proposed transaction. 'Guckenheimer is such a respected and influential partner and we a proud to expand into such a prestigious organization' said Todd Gibson, co-founder and CEO of Yerbaé. 'Expanding our presence in corporate dining has been a long-term vision, and this collaboration allows us to introduce more people to our plant-powered beverages. We're excited to fuel Guckenheimer's customers with great-tasting, functional energy.' To drive this expansion, Vistar, a division of Performance Food Group, will leverage its nationwide distribution network of 18 strategically located centers to ensure the seamless and efficient delivery of Yerbaé products to Guckenheimer locations across the country. For more information on Safety Shot's proposed acquisition of Yerbaé, see the Company's news release dated January 8, 2025 and proxy circular dated May 5, 2025 filed under its profile on SEDAR+ at Expanding Product Availability and Empowering Consumers Guckenheimer will feature Yerbaé's 12-ounce energy line, including Mango Passionfruit, Watermelon Strawberry, Black Cherry Pineapple, Raspberry Sorbet, and Peachy Mimosa Twist. Additionally, Guckenheimer will carry Yerbaé's original unsweetened seltzer line, including Açaí Blueberry, Orange Cherry Pineapple, and Pomegranate Berry. This collaboration marks a significant milestone in Yerbaé's mission to provide better-for-you, plant-based beverages to consumers nationwide. Yerbaé Brands Corp. Founded in 2017 by Todd Gibson and Karrie Gibson, Yerbaé Brands Corp., (TSX-V: YERB.U; OTCQX: YERBF) is disrupting the functional beverage marketplace with great tasting, zero sugar, zero calorie beverages, while using plant-based ingredients that are designed to meet the needs of the wellness forward consumer. Harnessing the power of nature, Yerbaé's key ingredient (yerba mate, a South American herb) is known to produce 196 different vitamins, minerals and nutrients as well as caffeine. By combining yerba mate with its premium ingredients and flavors, Yerbaé provides consumers with a no compromise functional beverage solution. All Yerbaé beverages are zero calorie, zero sugar, non-GMO, and gluten free. Find us @DrinkYerbaé on Instagram, Facebook, Twitter and TikTok, or online at About Safety Shot, Inc. Safety Shot, Inc., a wellness and dietary supplement company, has developed Sure Shot, the first patented wellness product on Earth that lowers blood alcohol content by supporting its metabolism, while boosting clarity, energy, and overall mood. Sure Shot is available for purchase online at and Amazon. The Company is introducing business-to-business sales of Sure Shot to distributors, retailers, restaurants, and bars throughout 2025. Contact Information: For Yerbae Investors: investors@ 480.471.8391 Todd Gibson,CEO todd@ 480.471.8391 For Safety Shot Investor Relations: CORE IR516 222 2560investors@ Media Contact: CORE IRJules Abraham516 222 2560julesa@ Statements This press release contains certain forward-looking statements within the meaning of the applicable securities laws. All statements other than statements of historical facts contained in this press release are forward-looking statements, including, but not limited to, statements regarding Guckenheimer's ability to help Yerbaé grow its presence both nationwide and in the corporate dining space, Yerbaé's ability to capitalize on growing consumer demand for plant-based, better-for-you alternatives in the beverage sector, particularly within Vistar's network. These forward-looking statements generally are identified by the words 'believe,' 'project,' 'expect,' 'anticipate,' 'estimate,' 'intend,' 'strategy,' 'future,' 'opportunity,' 'plan,' 'may,' 'should,' 'will,' 'would,' 'will be,' 'will continue,' 'will likely result,' and similar expressions. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including, but not limited to, Yerbaé's inability to grow its presence nationwide or within the corporate dining sector and, in connection therewith; its ability to capitalize on the growing demand for plant-based, better-for-you alternatives in the beverage sector; changes in applicable laws or regulations; the possibility that Yerbaé may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties not in the direct control of the Company. Moreover, Yerbaé operates in very competitive and rapidly changing environments. Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified and some of which are beyond Yerbaé's control, you should not rely on these forward-looking statements as predictions of future events. Forward-looking statements speak only as of the date they are made. Yerbaé gives no assurance that it will achieve the expectations stated herein. Readers are cautioned not to put undue reliance on forward-looking statements, and except as required by law, Yerbaé assumes no obligation and do not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or in to access your portfolio
