Safety Shot COO David Sandler resigns, transitions to consultant role

Safety Shot, Inc. (NASDAQ:SHOT) announced that David Sandler resigned as Chief Operating Officer effective August 29, 2025. The company stated that Sandler’s departure was not due to any disagreement with the company, its board of directors, or any matter related to operations, policies, or practices.

According to a statement included in a press release and recent SEC filing, Sandler began a six-month term as a consultant for Safety Shot starting Monday. The company did not name a successor for the COO position in the filing. With a market capitalization of approximately $57 million and maintaining more cash than debt on its balance sheet, the company shows mixed financial signals. InvestingPro analysis reveals 8 additional key insights about Safety Shot’s financial health and future prospects.

Safety Shot, Inc. is incorporated in Delaware and its common stock and warrants are listed on The Nasdaq Stock Market LLC under the symbols SHOT and SHOTW, respectively.

This information is based on a press release statement and details disclosed in a Form 8-K filing with the Securities and Exchange Commission.

In other recent news, Safety Shot, Inc. announced a $30 million financing package, which includes a $5 million registered direct offering and a $25 million private placement paid in BONK tokens by BONK founding members. The company has also amended the conversion terms of its Series C Convertible Preferred Stock, changing the conversion price from $0.5582 to $1.081 per share. Additionally, Safety Shot has acquired a 10% revenue sharing interest in BONK.fun, a decentralized platform on the Solana blockchain, and plans to change its ticker symbol to "BNKK" as part of its strategic pivot.

In a strategic alliance with BONK founding contributors, Safety Shot will receive approximately $25 million worth of BONK tokens in exchange for preferred shares valued at $35 million, convertible into the company’s common stock. Moreover, the company has finalized a settlement with former CFO Danielle De Rosa, which includes issuing her 425,000 shares of common stock, accelerating the vesting of 200,000 stock options, and a payment of $300,000. These developments come as the company continues to strengthen its financial and strategic positioning.

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