As previously announced on February 22, 2024, Safety Shot Inc. entered into a License and Purchase Agreement with Elite Health Partners Inc., pursuant to which the Company granted to Licensee a license to use assets related to the development and sale of various over-the-counter health and wellness products owned by the Company and the option to purchase the Legacy Assets upon fulfilment by Licensee of certain conditions outlined in the Purchase Agreement. On March 25, 2024, the parties mutually terminated the Purchase Agreement.