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SRM Entertainment Announces Lock-Up Agreement with Major Shareholder, Reinforcing Commitment to Long-Term Growth and Shareholder Value

Provided By GlobeNewswire

Last update: Feb 14, 2025

Winter Park, FL, Feb. 14, 2025 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (Nasdaq: SRM) (the “Company,” or “SRM”), today announced a lock-up agreement with a major shareholder, Safety Shot, Inc., encompassing 2,347,142 shares of the Company’s common stock. This represents approximately 13.7% of SRM Entertainment's outstanding shares. This agreement, effective as of February 10, 2025, restricts the shareholder from selling these shares until January 1, 2026, demonstrating a strong commitment to the Company's long-term vision and stability.

Read more at globenewswire.com

SRM ENTERTAINMENT INC

NASDAQ:SRM (6/13/2025, 8:00:01 PM)

After market: 1.39 -0.06 (-4.14%)

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