Safety Shot Announces Caring Brands Spin-Off: What Investors Need to Know (CABR IPO, Carve-Out)

Neil Sharma
Apr 6
4 min read

Big things are happening over at Safety Shot, Inc. In a move aimed at streamlining its business and maximizing investor value, the company is spinning off its healthcare subsidiary, Caring Brands, and launching it into the public markets.

But here’s the twist: this isn’t your typical “spin and float.” The IPO and spin-off are happening as two separate but connected events, designed to give both companies independence and fresh capital.

Let’s dive into the full breakdown—who gets shares, when they get them, and what it all means for SHOT investors.

*UPDATE - The current transaction is estimated to occur as follows :

IPO estimated to take place on April 11th 2025. Offering is expected to sell 750,000 shares at $4.00
Spin-off shares (2M to existing SHOT shareholders) to be distributed on a date still TBD

Spin-Off 101: Key Structure and Timing

The spin-off involves distributing 2 million shares of Caring Brands stock currently held by Safety Shot to its shareholders and eligible warrant holders.

Spin-Off Details:

Record Date: April 7, 2025
Distribution Ratio: 1 share of CABR for every 45 shares of SHOT held (or qualifying July 2021 warrants)
Distribution Date: August 9, 2025 (pending approvals)
Fractional Shares: Will be rounded down; no cash paid in lieu

Important Clarification:

The actual distribution of spin-off shares happens later—not on the IPO date. You won’t see CABR stock in your brokerage account until August (at the earliest), assuming the SEC gives the green light.

IPO Breakdown: What’s Going Public Now

While the spin-off is pending, Caring Brands is going public via IPO first.

IPO Snapshot:

Offering Size: 750,000 shares of Common Stock
Price per Share: $4.00
Gross Proceeds: $3,000,000
Net Proceeds (Before Expenses): $2,760,000
Over-Allotment Option: 112,500 shares
Underwriters:
- Lead: D. Boral Capital
- Co-Underwriter: Dawson James Securities, Inc.
Nasdaq Symbol: CABR (pending approval)

This means investors can buy into Caring Brands on the open market before the spin-off shares are even distributed.

What is Caring Brands All About?

Caring Brands, Inc. is no fledgling startup. It's a major international franchisor in the home healthcare space, operating through three distinct brands:

Interim HealthCare (U.S.): Full-spectrum care including home health, hospice, and staffing
Bluebird Care (U.K./Ireland): In-home private care services
Just Better Care (Australia): Medical and non-medical home care

Across all markets, it manages over 550 franchise locations and brings in roughly $1.3 billion in system-wide revenues annually.

So why go public now? Because even with its size, Caring Brands has posted several years of net losses and needs capital for growth, restructuring, and operational independence.

The Parent Angle: Safety Shot’s Role

As of now, Safety Shot owns 100% of Caring Brands.

Here’s the breakdown:

It plans to distribute 2 million shares to SHOT shareholders.
It will retain the remaining ownership, with no obligation to sell or distribute more.
This means Safety Shot will likely still hold a significant stake in CABR after the spin-off is complete.

This keeps SHOT exposed to any future upside while freeing it up to focus on its core product line—particularly Sure Shot, its patented supplement to reduce blood alcohol content and alleviate hangovers.

Strategic Why: Unlocking Value

This move gives both companies breathing room. Here’s what each stands to gain:

For Safety Shot:

Refocus on health and wellness products
Streamlined operations
Potential stock revaluation (after a rough 80% price drop last year)

For Caring Brands:

Dedicated management team
Independent financial structure
Opportunity to access public capital markets for growth

It’s a textbook case of corporate streamlining—each company does what it does best, without being tied down by unrelated business lines.

But There Are Risks…

Let’s be real. This isn’t all upside.

SEC/Nasdaq Approval Required: The IPO and spin-off only proceed if both regulatory bodies give the go-ahead.
Weak Financials: Caring Brands has a global footprint, but consistent net losses.
Timing Uncertainty: Distribution isn’t until August, and listing isn’t guaranteed yet.
Market Reception: IPOs in uncertain markets can struggle, especially from smaller healthcare names.

Still, some analysts believe Safety Shot could see nearly 189% revenue growth in 2025, so there’s a turnaround narrative brewing.

Timeline Recap

April 7, 2025: Shareholder record date
On or around April 11, 2025: IPO of CABR shares begins trading
August 9, 2025: Spin-off shares distributed (if approved)
Post-IPO: CABR trades independently while SHOT retains a minority stake

Final Word

Safety Shot’s spin-off of Caring Brands is one of the more creative plays in recent microcap strategy—a two-step deal involving both an IPO and a stock distribution. It’s got potential for upside, but it’s not without risk.

Investors in SHOT should prepare for a waiting game as regulatory bodies weigh in. Meanwhile, those eyeing CABR at IPO will want to keep tabs on Nasdaq approval and financial trends.

Whether you’re in for the spin-off, the IPO, or just watching from the sidelines, this is a textbook case of corporate maneuvering in action.

Want to stay in the loop? Check EDGAR for real-time updates.

FAQs

Can I sell Caring Brands shares I receive from the spin-off right away?

Not until the SEC approves the registration and the shares are issued in August.

Will Safety Shot still own part of Caring Brands after the spin-off?

Yes. It’s only distributing a portion of its shares and may hold the rest indefinitely.

What happens if Nasdaq doesn’t approve the listing?

The IPO and spin-off could be delayed or canceled altogether.

Can I buy CABR shares at IPO?

Yes—through underwriters or the open market once it lists.

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