m_and_a
confidence high
sentiment neutral
materiality 1.00
Yerbaé Brands acquired by Safety Shot; former holders get ~18.4% of combined entity
YERBAE BRANDS CORP.
- Safety Shot issued ~19.9M shares (0.2918 per Yerbaé share) to acquire all Yerbaé shares, PSUs & RSUs settled.
- Pre-closing Safety Shot stockholders own ~81.6%; former Yerbaé shareholders & equity holders own ~18.4%.
- Directors Todd Gibson, Karrie Gibson, Andrew Dratt, Rose Zanic, Maruf Raza resign; Jarrett Boon, Todd Gibson, Danielle De Rosa appointed.
- CEO Todd Gibson and Interim CFO Karrie Gibson resign; all outstanding Yerbaé options, warrants & debentures adjusted per exchange ratio.
- Closing completes previously announced arrangement; press release issued June 27, 2025.
item 2.01item 3.03item 5.02item 7.01item 9.01