{"id":864609,"date":"2025-06-27T10:07:53","date_gmt":"2025-06-27T14:07:53","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/safety-shot-completes-acquisition-of-yerbae-brands-corp\/"},"modified":"2025-06-27T10:07:53","modified_gmt":"2025-06-27T14:07:53","slug":"safety-shot-completes-acquisition-of-yerbae-brands-corp","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/safety-shot-completes-acquisition-of-yerbae-brands-corp\/","title":{"rendered":"Safety Shot Completes Acquisition of Yerbae Brands Corp."},"content":{"rendered":"
\n

SCOTTSDALE, Ariz., June 27, 2025 (GLOBE NEWSWIRE) — Yerba\u00e9 Brands Corp<\/strong>. (TSX-V: YERB.U; OTCQX: YERBF) (\u201cYerba\u00e9<\/strong>\u201d), a plant-based energy beverage company, and Safety Shot, Inc. (Nasdaq: SHOT) (\u201cSHOT<\/strong>\u201d, \u201cSafety Shot<\/strong>\u201d, or the \u201cCompany<\/strong>\u201d), 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 \u201cYerbae Shares<\/strong>\u201d) pursuant to a court-approved plan of arrangement (the \u201cTransaction<\/strong>\u201d).<\/p>\n

\n Transaction Overview<\/strong>\n <\/p>\n

Pursuant to the terms of an arrangement agreement dated January 7, 2025 between Safety Shot and Yerbae (the \u201cArrangement Agreement<\/strong>\u201d), at the effective time of the arrangement (the \u201cEffective Time<\/strong>\u201d), all of the Yerbae Shares then issued and outstanding immediately prior to the Effective Time (including the Yerba\u00e9 Shares issued on the settlement of all of the performance share units and restricted share units of Yerba\u00e9, 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 \u201cSHOT Share<\/strong>\u201d) of Safety Shot. Upon closing of the Transaction, SHOT shareholders now own approximately 81.64% and former holders of the Yerba\u00e9 Shares own approximately 18.36% of Safety Shot.<\/p>\n

The Transaction was effected by way of a plan of arrangement (the \u201cPlan of Arrangement<\/strong>\u201d) pursuant to the Business Corporations Act<\/em> (British Columbia). Under the terms of the Arrangement Agreement, SHOT acquired all of the issued and outstanding Yerba\u00e9 Shares, with each holder of Yerba\u00e9 Shares receiving 0.2918 of a SHOT Share for each Yerba\u00e9 Share held. For more information regarding the details of the Transaction, including the treatment of Yerbae\u2019s outstanding performance share units, restricted share units, warrants, debentures and stock options, please refer to Yerbae\u2019s 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.<\/p>\n

Yerbae shareholders who hold physical share certificates or DRS Statements must submit a Letter of Transmittal to Safety Shot\u2019s 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, inbox@cleartrusttransfer.com<\/a>.<\/p>\n

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.<\/p>\n

\n About Safety Shot, Inc.<\/strong>\n <\/p>\n

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 www.sureshot.com<\/a>, www.walmart.com<\/a> and Amazon. The Company is introducing business-to-business sales of Sure Shot to distributors, retailers, restaurants, and bars throughout 2025.<\/p>\n

\n Yerba\u00e9 Brands Corp.<\/strong>\n <\/p>\n

Yerba\u00e9 Brands Corp., (TSXV: YERB.U; OTCQX: YERBF) makes great-tasting energy beverages with yerba mate and other premium, plant-based ingredients. All Yerba\u00e9 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, Yerba\u00e9 seeks to disrupt the energy beverage marketplace by offering a no-compromise energy solution, with input and support from its recently announced Yerba\u00e9 Advisory Board, Sports and Entertainment. Find us @DrinkYerbae on Instagram, Facebook, Twitter\/X and TikTok, or online at https:\/\/yerbae.com<\/a>. For more information regarding Yerba\u00e9\u2019s financial results, refer to Yerba\u00e9\u2019s annual audited financial statements for the fiscal year ended December 31, 2024 and Yerba\u00e9\u2019s interim unaudited financial statements for the three months ended March 31, 2025, which are filed on SEDAR+ at www.sedarplus.ca<\/a> under Yerba\u00e9\u2019s profile.<\/p>\n

\n Advisors<\/strong>\n <\/p>\n

Maxim Group LLC served as the exclusive financial advisor to Safety Shot in connection with the merger. Cozen O\u2019Connor LLP served as legal counsel to Yerba\u00e9 and Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. served as legal counsel to Safety Shot in connection with the merger.<\/p>\n

\n On Behalf of the Board of Directors of Yerba\u00e9 Brands Corp.<\/strong>\n <\/p>\n

\u201cTodd Gibson<\/em>\u201d<\/p>\n

Todd Gibson, Chief Executive Officer and Co-Founder<\/p>\n

\n Yerba\u00e9 Contact Information:<\/strong>\n <\/p>\n

For investors, investors@yerbae.com<\/a> or 480,471.8391<\/p>\n

To reach CEO Todd Gibson, todd@yerbae.com<\/a> or 480.471.8391<\/p>\n

\n Safety Shot Contact Information:<\/strong>\n <\/p>\n

Investor Relations<\/p>\n

Phone: 561-244-7100<\/p>\n

Email:\u00a0investors@drinksafetyshot.com<\/a><\/p>\n

\n Forward-Looking Statements<\/strong>\n <\/p>\n

\n
\n This press release contains certain forward-looking statements <\/em>
\n <\/strong>
\n
\n within <\/em>
\n <\/strong>
\n
\n the meaning of applicable securities laws with respect to the proposed Transaction and business combination between SHOT and Yerba\u00e9<\/em>
\n <\/strong>
\n
\n . 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 the <\/em>
\n <\/strong>
\n
\n Yerba\u00e9<\/em>
\n <\/strong>
\n
\n Shares from the TSX Venture Exchange and OCTQX, are forward-looking statements. These forward-looking statements generally are identified by the words \u201cbelieve,\u201d \u201cproject,\u201d \u201cexpect,\u201d \u201canticipate,\u201d \u201cestimate,\u201d \u201cintend,\u201d \u201cstrategy,\u201d \u201cfuture,\u201d \u201copportunity,\u201d \u201cplan,\u201d \u201cmay,\u201d \u201cshould,\u201d \u201cwill,\u201d \u201cwould,\u201d \u201cwill be,\u201d \u201cwill continue,\u201d \u201cwill likely result,\u201d 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 Yerba\u00e9 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 \u201cRisk Factors\u201d therein, and in other filings with the SEC made by SHOT or Yerba\u00e9, as applicable. Moreover, each of Yerba\u00e9 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 Yerba\u00e9\u2019s and SHOT\u2019s 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 Yerba\u00e9 nor SHOT give any assurance that either Yerba\u00e9 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, Yerba\u00e9 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.<\/em>
\n <\/strong>\n <\/p>\n

\n
\n Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.<\/em>
\n <\/strong>\n <\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

SCOTTSDALE, Ariz., June 27, 2025 (GLOBE NEWSWIRE) — Yerba\u00e9 Brands Corp. (TSX-V: YERB.U; OTCQX: YERBF) (\u201cYerba\u00e9\u201d), a plant-based energy beverage company, and Safety Shot, Inc. (Nasdaq: SHOT) (\u201cSHOT\u201d, \u201cSafety Shot\u201d, or the \u201cCompany\u201d), 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 \u201cYerbae Shares\u201d) pursuant to a court-approved plan of arrangement (the \u201cTransaction\u201d). Transaction Overview Pursuant to the terms of an arrangement agreement dated January 7, 2025 between Safety Shot and Yerbae (the \u201cArrangement Agreement\u201d), at the effective time of the arrangement (the \u201cEffective Time\u201d), all of the Yerbae Shares then issued … <\/p>\n

Continue reading “Safety Shot Completes Acquisition of Yerbae Brands Corp.”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-864609","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nSafety Shot Completes Acquisition of Yerbae Brands Corp. - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/safety-shot-completes-acquisition-of-yerbae-brands-corp\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Safety Shot Completes Acquisition of Yerbae Brands Corp. - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SCOTTSDALE, Ariz., June 27, 2025 (GLOBE NEWSWIRE) — Yerba\u00e9 Brands Corp. (TSX-V: YERB.U; OTCQX: YERBF) (\u201cYerba\u00e9\u201d), a plant-based energy beverage company, and Safety Shot, Inc. (Nasdaq: SHOT) (\u201cSHOT\u201d, \u201cSafety Shot\u201d, or the \u201cCompany\u201d), 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 \u201cYerbae Shares\u201d) pursuant to a court-approved plan of arrangement (the \u201cTransaction\u201d). Transaction Overview Pursuant to the terms of an arrangement agreement dated January 7, 2025 between Safety Shot and Yerbae (the \u201cArrangement Agreement\u201d), at the effective time of the arrangement (the \u201cEffective Time\u201d), all of the Yerbae Shares then issued … Continue reading "Safety Shot Completes Acquisition of Yerbae Brands Corp."\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/safety-shot-completes-acquisition-of-yerbae-brands-corp\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-27T14:07:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ4NTgzMSM3MDIyMTk0IzUwMDExNzExOA==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/safety-shot-completes-acquisition-of-yerbae-brands-corp\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/safety-shot-completes-acquisition-of-yerbae-brands-corp\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Safety Shot Completes Acquisition of Yerbae Brands Corp.\",\"datePublished\":\"2025-06-27T14:07:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/safety-shot-completes-acquisition-of-yerbae-brands-corp\\\/\"},\"wordCount\":1123,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/safety-shot-completes-acquisition-of-yerbae-brands-corp\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTQ4NTgzMSM3MDIyMTk0IzUwMDExNzExOA==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/safety-shot-completes-acquisition-of-yerbae-brands-corp\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/safety-shot-completes-acquisition-of-yerbae-brands-corp\\\/\",\"name\":\"Safety Shot Completes Acquisition of Yerbae Brands Corp. - 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(TSX-V: YERB.U; OTCQX: YERBF) (\u201cYerba\u00e9\u201d), a plant-based energy beverage company, and Safety Shot, Inc. (Nasdaq: SHOT) (\u201cSHOT\u201d, \u201cSafety Shot\u201d, or the \u201cCompany\u201d), 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 \u201cYerbae Shares\u201d) pursuant to a court-approved plan of arrangement (the \u201cTransaction\u201d). Transaction Overview Pursuant to the terms of an arrangement agreement dated January 7, 2025 between Safety Shot and Yerbae (the \u201cArrangement Agreement\u201d), at the effective time of the arrangement (the \u201cEffective Time\u201d), all of the Yerbae Shares then issued … Continue reading \"Safety Shot Completes Acquisition of Yerbae Brands Corp.\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/safety-shot-completes-acquisition-of-yerbae-brands-corp\/","og_site_name":"Market Newsdesk","article_published_time":"2025-06-27T14:07:53+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ4NTgzMSM3MDIyMTk0IzUwMDExNzExOA==","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/safety-shot-completes-acquisition-of-yerbae-brands-corp\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/safety-shot-completes-acquisition-of-yerbae-brands-corp\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Safety Shot Completes Acquisition of Yerbae Brands Corp.","datePublished":"2025-06-27T14:07:53+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/safety-shot-completes-acquisition-of-yerbae-brands-corp\/"},"wordCount":1123,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/safety-shot-completes-acquisition-of-yerbae-brands-corp\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ4NTgzMSM3MDIyMTk0IzUwMDExNzExOA==","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/safety-shot-completes-acquisition-of-yerbae-brands-corp\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/safety-shot-completes-acquisition-of-yerbae-brands-corp\/","name":"Safety Shot Completes Acquisition of Yerbae Brands Corp. - 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