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…