Jupiter Wellness Appoints Jarrett Boon, as COO
29 Agosto 2023 - 9:30AM
Jupiter Wellness, Inc. (Nasdaq: JUPW), a diversified company that
supports health and wellness, today announced the appointment of
Jarrett Boon as the Company’s COO. Boon was the Co-Founder and CEO
of GBB Drink Lab. Jupiter recently announced that it had entered
into a definitive agreement to acquire Safety Shot, the world’s
first rapid blood alcohol detox drink, and all related assets from
GBB Drink Lab. Safety Shot creates a new product category for rapid
alcohol detoxification in the fast-growing hangover remedy market,
valued at $1.56 billion in 2020 and projected to grow at a CAGR of
14.6% through 2028.
Boon has over 30 years of experience building
successful businesses from creation to exit. He was one of the
original thought leaders and investors in LifeLock, a leading
identity protection provider, where he applied his expertise in
sales, marketing, and strategic business development to grow
LifeLock to $500 million in revenue. LifeLock went public in 2012
and was subsequently acquired by Symantec in 2016 for $2.3 billion.
Prior to LifeLock, Boon founded SW Promotions, a marketing and
advertising company. SW Promotions and its 400 employees were
acquired by one of its publicly traded partners.
“I’m super excited to join Jupiter Wellness
before the imminent launch of Safety Shot and to build the business
into what I believe can be an iconic functional wellness beverage
brand. While Safety Shot is an entirely different industry than
LifeLock, there are very similar patterns in terms of safety, as
well as the potential growth trajectory of the business,” Jarrett
Boon stated.
“With the GBB Drink Lab executive team all now
on board with Jupiter, we believe the success of the Safety Shot
launch is assured. This team has a stellar track record of success
and we are thrilled that they will lead the business,” stated
Jupiter Wellness CEO Brian John.
About Jupiter Wellness
Jupiter Wellness is a diversified company that
supports health and wellness by researching and developing
over-the-counter (OTC) products and intellectual property. The
Company's product pipeline addresses a range of conditions,
including hair loss, psoriasis, and vitiligo. Revenue is generated
through the sales of OTC and consumer products and licensing
royalties.
Interested investors and shareholders are
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Forward Looking Statements
This communication contains forward-looking
statements regarding Jupiter Wellness, including, the anticipated
timing of studies and the results and benefits thereof. You can
generally identify forward-looking statements by the use of
forward-looking terminology such as “anticipate,” “believe,”
“continue,” “could,” “estimate,” “expect,” “explore,” “evaluate,”
“intend,” “may,” “might,” “plan,” “potential,” “predict,”
“project,” “seek,” “should,” or “will,” or the negative thereof or
other variations thereon or comparable terminology. These
forward-looking statements are based on each of the Company’s
current plans, objectives, estimates, expectations, and intentions
and inherently involve significant risks and uncertainties, many of
which are beyond Jupiter Wellness’ control. Actual results and the
timing of events could differ materially from those anticipated in
such forward-looking statements as a result of these risks and
uncertainties and other risks and uncertainties affecting Jupiter
Wellness and, including those described from time to time under the
caption “Risk Factors” and elsewhere in Jupiter Wellness’
Securities and Exchange Commission (SEC) filings and reports,
including Jupiter Wellness’ Annual Report on Form 10-K for the year
ended December 31, 2023 and future filings and reports by Jupiter
Wellness. Moreover, other risks and uncertainties of which the
combined company is not currently aware may also affect each of the
companies’ forward-looking statements and may cause actual results
and the timing of events to differ materially from those
anticipated. Investors are cautioned that forward-looking
statements are not guarantees of future performance. The
forward-looking statements made in this communication are made only
as of the date hereof or as of the dates indicated in the
forward-looking statements and reflect the views stated therein
with respect to future events at such dates, even if they are
subsequently made available by Jupiter Wellness on its website or
otherwise. Jupiter Wellness undertakes no obligation to update or
supplement any forward-looking statements to reflect actual
results, new information, future events, changes in its
expectations or other circumstances that exist after the date as of
which the forward-looking statements were made.
Jupiter Wellness Media
Contact: Phone:
561-244-7100Email: info@JupiterWellness.com
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