Winter Park, Florida, May 27, 2025 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (NASDAQ:SRM) ("SRM" or the "Company"), a leading provider of creative and high-quality licensed media-themed merchandise, announces today the closing of its previously announced private investment in public equity ("PIPE") financing with an institutional investor for gross proceeds to the Company of $5,000,000, before deducting placement agent fees and offering expenses. Pursuant to the terms of the securities purchase agreement, the Company sold an aggregate of 5,000 shares of its Series A Convertible Preferred Stock, convertible into an aggregate of 8,928,571 shares of common stock at a conversion price of $0

Jupiter, FL, Dec. 05, 2024 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (NASDAQ:SRM) (the "Company," or "SRM", a leading provider of creative and high-quality licensed media-themed merchandise, today announced that it entered into a securities purchase agreement with a certain institutional investor to purchase approximately $1.7 million shares of its common stock (or common stock equivalents in lieu thereof) in a registered direct offering at a purchase price of $0.7385 per share. The gross proceeds to the Company from the registered direct offering are estimated to be approximately $1.7 million, before deducting the placement agent's fees and other estimated offering expenses. The offeri

Extensive Experience in Product Design, Toy Design, 2D and 3D Concepts With Disney, Pixar, Lucas Film LTD., Warner Bros., Marvel, D.C. Comics and Hard Rock Cafe JUPITER, FL, March 18, 2024 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc., (NASDAQ:SRM) (the "Company" or "SRM") announced today that Michael Clarida, a visually creative and result oriented specialist with over 25 years of marketplace experience, will lead SRM's Product Design Team. With extensive experience in product design, toy design, 2D and 3D concepts, apparel, fashion, as well as production spec-pacs, Mr. Clarida has a successful track record of helping to bring the magical inspirations of developers and creatives to l

January 28th - February 1st Showroom C972, C975 JUPITER, FL, Jan. 29, 2024 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc., (NASDAQ:SRM) (the "Company" or "SRM") will introduce a new line of products at the iconic Winter Market 2024 in Las Vegas from January 28 through February 1st, featuring our new Zoo Animals assortment, Sealife assortment and custom designs. The SRM Design Team's creativity will be featured as we showcase our custom design capabilites and introduce our new Zoo Animals and Sealife poduct assortment lines at the Las Vegas Market Winter Show, a leading industry trade show (Showroom C972 & C975). "The Las Vegas Market is the perfect West Coast venue to feature the cre

JUPITER, FL, Dec. 20, 2023 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (NASDAQ:SRM) (the "Company" or "SRM") a trusted toy and souvenir designer and developer, selling into the world's largest theme parks and entertainment venues, today announced the launch of their SipWithMeCup.com retail website. The website provides an enhanced user experience while it highlights the Company's in-house marketing team capabilities with new photos and product illustrations. The team captures the functionality and benefits of many of the favorite SipWithMe cups featuring Smurfs & Zoonicorn franchise characters alongside SRM's proprietary, loveable Trend Animal collection. The new retail website (SipWith

SipWithMeCup.com Social Media Advertising Campaign Atlanta, Dallas & Las Vegas Trade Shows JUPITER, FL, Dec. 13, 2023 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (NASDAQ:SRM) (the "Company" or "SRM") is a trusted toy and souvenir designer and developer, selling into the world's largest theme parks and entertainment venues, is launching their 2024 Sip with Me marketing campaign which includes social media ads, a consumer SipWithMeCup.com website and wholesale trade shows in Atlanta, Dallas and Las Vegas. SRM continues to drive consumer brand awareness of Sip with Me® patented children's cups featuring Smurfs & Zoonicorn franchise characters alongside SRM's proprie

JUPITER, FL, Dec. 04, 2023 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (NASDAQ:SRM) (the "Company" or "SRM") is a trusted toy and souvenir designer and developer, selling into the world's largest theme parks and entertainment venues, is proud to sponsor and participate in this year's Global Licensing Industry Holiday Party Saturday December 9th in Boca Raton Florida. SRM will support and celebrate the holiday season with Licensing International & Women in Toys, Licensing & Entertainment for a night of networking and with licensing friends, colleagues and new connections. WiT's mission advances and advocates for women in the toy, consumer products, licensing, and entertainment indu

JUPITER, FL, Nov. 17, 2023 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (NASDAQ:SRM) (the "Company" or "SRM") is a trusted toy and souvenir designer and developer, selling into the world's largest theme parks and entertainment venues, is thrilled to announce its official launch on Amazon. Sip with Me® patented children's cups featuring Smurfs & Zoonicorn franchise characters along with SRM's loveable Trend Animal collection are now available on Amazon, the world's largest online marketplace. This strategic move not only marks a significant milestone for SRM but also opens up new avenues for our customers to purchase their favorite cups. They can buy on Amazon and experience the f

Completed NASDAQ listing Launched Smurfs & Zoonicorn Sip with Me® cups Multi-year license agreements JUPITER, FL, Nov. 14, 2023 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (NASDAQ:SRM) (the "Company" or "SRM") is a trusted toy and souvenir designer and developer, selling into the world's largest theme parks and entertainment venues, announced its fiscal results for the third quarter ended September 30, 2023. SRM had sales of $1,128,062 and $1,517,546 for the three months ended September 30, 2023 and 2022. The decrease in sales can be attributed to certain theme parks rebalancing and adjusting inventory balances post COVID-19. Cost of goods sold varies directly with sales with

Multi-year license agreements for SRM Entertainment's patented Sip with Me® children's cups 2024 will see the launch of several new SRM product lines JUPITER, FL, Nov. 01, 2023 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (NASDAQ:SRM) (the "Company" or "SRM") is a trusted toy and souvenir designer and developer, selling into the world's largest theme parks and entertainment venues. SRM has licensing relationships with many established content providers, and our products appear in venues such as Walt Disney Parks and Resorts, Universal Studios, SeaWorld, Six Flags and Imagine Exhibitions. Starting in 2020, SRM refocused its business plan which has allowed us to deliver significant g