Jupiter Wellness announced that the payment date for the distribution of shares of common stock, par value $0.0001 per share of SRM Entertainment, currently a majority-owned subsidiary of the company, to effect the spin-off of the SRM business has been delayed. The previously announced distribution to be paid on August 3 and the previously announced trading date of SRM Common Stock on the Nasdaq Capital Market on August 4 has been delayed. The previously announced record date of July 7 will remain the same. The company remains intent on effectuating the distribution as soon as practicable. The Company will update its stockholders with respect to the distribution payment date when circumstances so permit.
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