Winter Park, FL – Feb. 14, 2025 – SRM Entertainment, Inc. has just signed a lock-up agreement with a key shareholder, Safety Shot, Inc. This agreement covers about 2.3 million shares, which is roughly 13.7% of SRM’s total stock. Starting from February 10, 2025, Safety Shot can’t sell these shares until January 1, 2026. This move shows a strong belief in SRM’s long-term plans and stability.
The lock-up agreement helps keep the trading market for SRM’s shares steady. It also highlights the shareholder’s confidence in what SRM has planned for the future. By aligning their interests with other shareholders, it promotes creating lasting value for everyone involved.
Rich Miller, SRM’s CEO, expressed enthusiasm about this agreement. He said, “This is a big vote of confidence in our plans for growth. We’re excited to have Safety Shot’s support as we look to expand our market reach and develop new products.” He added that this partnership underlines their mutual belief in the company’s success and helps foster a stable environment, which benefits all shareholders.
This lock-up is not just a formality; it represents a positive outlook for SRM Entertainment. It’s a promise to investors that the company is focused on building long-term value and lessening the chances of wild fluctuations in stock prices due to large share sales.
About SRM Entertainment, Inc.
SRM Entertainment specializes in creating custom merchandise, including toys and souvenirs, for major theme parks around the globe. They produce items tied to well-known entertainment franchises from blockbuster movies and popular books. SRM’s products are available in famous locations such as Walt Disney Parks and Resorts, Universal Parks, and SeaWorld. Their offerings include special dolls and plush toys and unique products like the patented Sip With Me cups, which feature fun animal themes and popular characters from shows like Smurfs and Zoonicorn.
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