WednesdayAug 16, 2023 12:34 pm

QualityStocksNewsBreaks – Jupiter Wellness Inc.’s (NASDAQ: JUPW) Subsidiary Announces Pricing of Its IPO

Jupiter Wellness (NASDAQ: JUPW), a diversified company that supports health and wellness, today announced that SRM Entertainment Inc. (NASDAQ: SRM), currently a subsidiary of the company, announced the pricing of its initial public offering of 1,250,000 shares of its common stock at a price to the public of $5.00 per share. Gross proceeds from the offering are expected to be $6.25 million. The shares of SRM began began trading under the symbol SRM on the Nasdaq Capital Market on Aug. 15, 2023. Subject to the satisfaction of customary conditions, the offering is expected to close on Aug. 16, 2023. In…

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FridayAug 11, 2023 2:25 pm

QualityStocksNewsBreaks – Jupiter Wellness Inc. (NASDAQ: JUPW) Releases Updated Information Regarding SRM Entertainment Spin-Off, Closes on Safety Shot Acquisition

Jupiter Wellness (NASDAQ: JUPW), a wellness company focused on hair metabolism and skin therapies, has released the updated payment date for the distribution of shares of common stock, par value $0.0001 per share, of SRM Entertainment Inc. SRM Entertainment is currently a majority-owned subsidiary of Jupiter Wellness. According to the announcement, the date to effect the spin-off of the SRM business is planned for Aug. 14, 2023; the payment date remains subject to SRM’s Registration Statement on Form S-1 being declared effective by the U.S. Securities and Exchange Commission. “In the event that such registration statement is not declared effective…

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WednesdayAug 09, 2023 11:52 am

QualityStocksNewsBreaks – Jupiter Wellness Inc. (NASDAQ: JUPW) Announces Positive Efficacy Results from Clinical Study of NoStingz

Jupiter Wellness (NASDAQ: JUPW), a diversified company that supports health and wellness, today announced data from a recent clinical study of NoStingz, its proprietary topical sunscreen formulated to protect users from jellyfish, sea lice and UVA/UVB rays. According to the update, Portuguese man-o’-war (“MOW”), a marine hydrozoan closely related to jellyfish, has a powerful sting that has been known to kill humans. The present study used MOW gathered from the Atlantic Ocean near Key West, Florida, in 51 trials conducted testing three sunscreen compounds, including NoStingz, against control. Reportedly, the NoStingz area of the participants’ arms had a statistically significant…

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FridayAug 04, 2023 11:09 am

QualityStocksNewsBreaks – Jupiter Wellness Inc. (NASDAQ: JUPW) Delays SRM Entertainment Inc. Spin-Off, Distribution of Common Stock

Jupiter Wellness (NASDAQ: JUPW), a wellness company focused on hair metabolism and skin therapies, has temporarily postponed the spin-off and common stock distribution of its majority-owned subsidiary, SRM Entertainment Inc. According to the announcement, the distribution of shares of common stock at $0.0001 per share has been delayed; the distribution had been planned for Aug. 3, 2023, with the trading date of SRM common stock on the NASDAQ exchange beginning on Aug. 4, 2023. The announcement did note that the previously announced record date of July 7, 2023, remains the same. “The company remains intent on effectuating the distribution as soon…

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WednesdayAug 02, 2023 12:43 pm

QualityStocksNewsBreaks – Jupiter Wellness Inc. (NASDAQ: JUPW) Releases Anticipated Payment Date for SRM Entertainment Common Stock Distribution

Jupiter Wellness (NASDAQ: JUPW), a wellness company focused on hair metabolism and skin therapies, is reporting the payment date for the distribution of shares of common stock, par value $0.0001 per share, of SRM Entertainment Inc. The announcement noted that the payment date remains subject to SRM’s amended registration statement on form S-1 along with the approval of the listing of the SRM common stock on NASDAQ and obtaining certain other approvals in connection with the offering. SRM is currently a majority-owned subsidiary of Jupiter Wellness, which is expected to spin-off tomorrow.  “In the event that such registration statement is…

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TuesdayAug 01, 2023 12:24 pm

QualityStocksNewsBreaks – Jupiter Wellness Inc. (NASDAQ: JUPW) Names New Advisory Board Member

Jupiter Wellness (NASDAQ: JUPW), a wellness company focused on hair metabolism and skin therapies, has announced a new member of its advisory board. David Long, cofounder and CEO of Orangetheory Fitness, has joined JUPW’s board to support the company’s launch of its newest product: Safety Shot. Long previously served on GBB Drink Lab’s advisory board, playing a key role in guiding the development and marketing of the world’s first rapid alcohol detox drink, which was recently acquired by JUPW. Long brings an impressive resume to his new board appointment. He oversaw the growth of Orangetheory Fitness to include the opening of…

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TuesdayJul 25, 2023 3:08 pm

QualityStocksNewsBreaks – Jupiter Wellness Inc. (NASDAQ: JUPW), Partners Launch Proven Breakthrough Hair-Booster System in India

Jupiter Wellness (NASDAQ: JUPW), a wellness company focused on hair metabolism and skin therapies, in partnership with its regional distributors, has launched Cosmofix MinoxiBoost in India. JUPW’s distributors are Sanpellegrino Cosmetics Pvt Ltd and Cosmofix Technovation Pvt Ltd, which have exclusive distribution rights to the company’s patented hair-growth technology in 31 countries in Asia and the Middle East including India, the Philippines, Malaysia, Kuwait, Morocco and Saudi Arabia. According to the announcement, MinoxiBoost has been clinically proven to increase essential hair enzymes and is designed to be integrated into the daily minoxidil routine of people seeking increased hair growth. The announcement also noted that based on the distribution agreement,…

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ThursdayJul 20, 2023 12:36 pm

QualityStocksNewsBreaks – Jupiter Wellness Inc. (NASDAQ: JUPW) Announces Board Appointments of GBB Drink Lab Founder and President and Beverage Industry Veteran

Jupiter Wellness (NASDAQ: JUPW), a diversified company that supports health and wellness, today announced the appointment of John Gulyas to its board of directors and Rich Pascucci to its advisory board. Both Gulyas and Pascucci are formerly from GBB Drink Lab, creator of Safety Shot, the world’s first rapid blood alcohol detoxification drink recently acquired by Jupiter Wellness. “We are very pleased to have more of the stellar GBB Drink Lab team join Jupiter. John’s track record as a serial entrepreneur and innovator speaks for itself. With his passion, drive and know-how in moving Safety Shot from concept to market…

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MondayJul 10, 2023 11:40 am

QualityStocksNewsBreaks – Jupiter Wellness Inc. (NASDAQ: JUPW) Moves to Acquire ‘Safety Shot’ – the World’s First Rapid Blood Alcohol Detox Drink

Jupiter Wellness (NASDAQ: JUPW), a diversified company that supports health and wellness, today announced it has executed an asset purchase agreement with GBB Drink Lab Inc. Under the agreement, all operating assets related to GBB Drink Lab, including the revolutionary Safety Shot beverage, will belong to Jupiter Wellness. Safety Shot, which is protected by a number of issued and pending patents covering composition of matter and methods of use, creates a new product category for rapid alcohol detoxification in the fast-growing hangover remedy market. “The world-first breakthrough nature of Safety Shot and the market it addresses are a tremendous opportunity…

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WednesdayJun 28, 2023 11:30 am

QualityStocksNewsBreaks – Jupiter Wellness Inc. (NASDAQ: JUPW) Sets Record Date for SRM Entertainment Spin-Off, Share Distribution

Jupiter Wellness (NASDAQ: JUPW), a wellness company focused on hair metabolism and skin therapies, has announced the record date for the spin-off and distribution of common stock shares, par value $0.0001 per share, of SRM Entertainment Inc. SRM is a majority-owned subsidiary of Jupiter. According to the announcement, the record date is slated for July 7, 2023. On that date, company stockholders and holders of certain warrants will receive one share of SRM common stock, for every 19.35 shares of the company’s common stock held. The announcement noted that fractional shares would be rounded down into whole shares. The company…

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