Safety Shot Inc. has announced a significant development in its financial strategy with the approval of a Liabilities Settlement Program. As part of this program, the company has contracted with Silverback Capital Corporation $(SCC)$ to pay down its debts through the issuance of freely trading securities to SCC. This arrangement was contingent upon court approval, which has now been granted as of May 20, 2025. The program aims to improve the company's financial health by addressing its liabilities. Further details on this development can be found in the company's 10-Q filing with the SEC.
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