SRM Entertainment’s Growth Trajectory Continues with New Product Launch and Significant Reorder

Jupiter, FL, Dec. 12, 2024 — SRM Entertainment, Inc. (Nasdaq: SRM) (the “Company,” or “SRM”), a leading provider of licensed merchandise and souvenirs, today announced a significant reorder of its popular Sip With Me cups from a premier marine life theme park in Abu Dhabi and the development of exclusive products for a groundbreaking year-round horror attraction in Las Vegas. These developments underscore SRM’s growth and strategic expansion into new markets and product categories.

The reorder of Sip With Me cups comes less than a year after the grand opening of a marine life theme park and animal researching, rescue & rehabilitation center located on Yas Island in Abu Dhabi, the capital of the United Arab Emirates. This premier theme park, owned and operated by Miral Asset Management under a license from United Parks & Resorts, features eight immersive marine environments, or “realms,” that are home to interactive exhibits, thrilling rides, and diverse dining options. The cups, featuring beloved characters like Shamu the Whale, dolphins, and penguins, will be sold throughout the park’s various realms, offering visitors a unique and memorable souvenir.

“This reorder is a testament to the quality and appeal of our Sip With Me cups,” said Rich Miller, CEO of SRM. “We are thrilled about our continued relationship with this world-class theme park and our contribution to their success.”

In addition to the reorder, SRM is developing a diverse range of exclusive products for a highly anticipated immersive horror experience in Las Vegas. This cutting-edge entertainment venue will offer an exciting variety of unique and horror-centric themed encounters. The attraction will be continuously updated with must-see seasonal events and one-of-a-kind merchandise, ensuring a dynamic and engaging experience for guests.

SRM will be creating a unique line of merchandise for the attraction, including collectibles and souvenirs inspired by iconic horror films. This venture marks a significant step for the Company, expanding its product portfolio and tapping into the growing market for immersive entertainment.

“This is an exciting new chapter for SRM,” said Miller. “We are leveraging our expertise in licensed merchandise to create unique and compelling products for this cutting-edge attraction. This partnership opens up new avenues for growth and diversification, further solidifying our position as a leader in the entertainment merchandise industry.”

These developments follow SRM’s recent success in significantly growing its online sales on Amazon, with sales surging over 400% since September. This demonstrates the Company’s ability to adapt to evolving market dynamics and capitalize on emerging opportunities across various sales channels. By strategically expanding its product offerings, distribution channels, and market reach, SRM is well-positioned for continued growth and success.

Looking ahead, SRM is actively pursuing new partnerships and product lines to further expand its reach and capitalize on emerging opportunities in the entertainment merchandise industry in 2025 to enhance shareholder value.

About SRM Entertainment, Inc.

SRM Entertainment designs, develops, and manufactures custom merchandise which includes toys and souvenirs for the world’s largest theme parks and other entertainment venues. Many of SRM’s creative products are based on award winning multi-billion-dollar entertainment franchises that are featured in popular movies and books. SRM products are distributed worldwide at Walt Disney Parks and Resorts, Universal Parks and Destinations, United Parks and Resorts – SeaWorld, Six Flags and other attractions. SRM’s products are offered alongside popular rides and attractions in theme parks, zoos, aquariums, and other entertainment venues. SRM’s design team developed specialty dolls, plush and toys for one of New York City’s landmarks that features a popular holiday show. SRM’s design team is credited with creating popular products which have been successfully sold at specialty theme park events. SRM’s exclusive-patented Sip With Me cups feature fun, kid friendly Zoo, Sea and animal themed characters as well as licensed characters from Smurfs, ICEE and Zoonicorn.

Caution Regarding Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. These statements are subject to uncertainties and risks including, but not limited to, the risk factors discussed in the Risk Factors and in Management’s Discussion and Analysis of Financial Condition and Results of Operations sections of our Forms 10-K, 10-Q and other reports filed with the SEC and available at www.sec.gov. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law.

Media and Investor Relations
[email protected]
(407)-230-8100
website: SRMentertainment.com


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SRM Entertainment, Inc. Announces Pricing of $1.7 Million Registered Direct Offering

Jupiter, FL, Dec. 05, 2024 — 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 offering is expected to close on or about December 6, 2024, subject to the satisfaction of customary closing conditions.

D. Boral Capital LLC is acting as exclusive placement agent for the offering.

The proposed offering of the securities described above is being offered by the Company pursuant to a “shelf” registration statement on Form S-3 (File No. 333-282028) filed with the Securities and Exchange Commission (SEC) and declared effective by the SEC on September 19, 2024, and the accompanying prospectus contained therein.

The offering is being made only by means of a prospectus supplement and accompanying prospectus. The prospectus supplement describing the terms of the public offering will be filed with the SEC prior to the closing and will form a part of the effective registration statement.

Copies of the prospectus supplement and the accompanying prospectus relating to this offering may be obtained, when available, on the SEC’s website at http://www.sec.gov or by contacting D. Boral Capital LLC Attention: Syndicate Department, 590 Madison Avenue, 39th Floor, New York, NY 10022, by email at [email protected] , or by telephone at (212) 970-5150.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About SRM Entertainment, Inc.

SRM Entertainment designs, develops, and manufactures custom merchandise which includes toys and souvenirs for the world’s largest theme parks and other entertainment venues. Many of SRM’s creative products are based on award winning multi-billion-dollar entertainment franchises that are featured in popular movies and books. SRM products are distributed worldwide at Walt Disney Parks and Resorts, Universal Parks and Destinations, United Parks and Resorts – SeaWorld, Six Flags and other attractions. SRM’s products are offered alongside popular rides and attractions in theme parks, zoos, aquariums, and other entertainment venues. SRM’s design team developed specialty dolls, plush and toys for one of New York City’s landmarks that features a popular holiday show. SRM’s design team is credited with creating popular products which have been successfully sold at specialty theme park events. SRM’s exclusive-patented Sip With Me cups feature fun, kid friendly Zoo, Sea and animal themed characters as well as licensed characters from Smurfs, ICEE and Zoonicorn.

Caution Regarding Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. These statements are subject to uncertainties and risks including, but not limited to, the risk factors discussed in the Risk Factors and in Management’s Discussion and Analysis of Financial Condition and Results of Operations sections of our Forms 10-K, 10-Q and other reports filed with the SEC and available at www.sec.gov. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law.

Media and Investor Relations

[email protected]
(407)-230-8100
website: SRMentertainment.com


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SRM Entertainment’s Amazon Sales Surge Over 400% in Three Months, Fueling Strong Financial Performance

Jupiter, FL, Dec. 04, 2024 — SRM Entertainment, Inc. (Nasdaq: SRM) (the “Company,” or “SRM”, a leading provider of creative and high-quality licensed media-themed merchandise, today announced that its online sales on Amazon have surged by over 417% since September. This exceptional growth is driven by strong customer demand for the company’s high-margin products and is expected to have a significant positive impact on its financial performance.

“Amazon offers a tremendous platform for us to reach our online customers,” said Rich Miller, CEO of SRM. “We have strategically leveraged data analytics to effectively target our customer base and drive online sales growth. This success underscores our commitment to expanding our e-commerce presence and maximizing profitability.”

Leveraging Amazon’s Tools and Expertise

Miller highlighted the valuable support and resources provided by Amazon in facilitating SRM’s online growth. “Amazon has been an invaluable partner in our e-commerce success,” said Miller. “They provide us with powerful tools and insights that enable us to optimize our product listings, reach the right customers, and efficiently manage our online operations. Their expertise in e-commerce logistics and fulfillment has been crucial in ensuring a seamless experience for our customers.”

Strong Growth Trajectory and New Product Launches

Miller anticipates continued strong growth in Amazon sales in both 2025 and 2026. This growth will be driven by a robust product line of high-margin items appealing to young children and families.

Taft Flittner, President of SRM, highlighted the upcoming launch of new product lines that will further contribute to shareholder value. “We are excited to introduce creative products such as Plush Packs, 25oz stainless steel drinkware, themed Plush Animals, and themed binoculars,” said Flittner. “These new offerings will expand our product portfolio and cater to the growing demand for high-quality, licensed merchandise.”

Strategic Expansion: Prioritizing Online and Direct-to-Consumer Channels While Maintaining Theme Park Momentum

SRM’s expansion into online markets represents a key strategic initiative to diversify revenue streams, enhance profitability, and connect directly with consumers. “Our theme park business remains a cornerstone of our success,” said Miller. “However, expanding our online presence allows us to build on this strong foundation by reaching new customers and optimizing margins. These complementary initiatives will help drive SRM’s overall growth and expansion.”

Direct-to-consumer channels, such as Amazon, offer several key advantages for SRM, including:

  • Increased Profit Margins: By eliminating intermediaries, SRM can retain a greater share of the revenue generated from online sales.
  • Enhanced Brand Control: D2C channels allow SRM to maintain greater control over its brand messaging and customer experience.
  • Valuable Customer Data: Direct interaction with customers provides valuable insights into consumer preferences and purchasing behavior, which can inform product development and marketing strategies.

Building on the momentum of a surge in Amazon sales since September, SRM is confident in its e-commerce strategy. With the holiday season underway, the company is well-positioned to introduce its expanding product lines to new customers and further strengthen its online presence on Amazon.

About SRM Entertainment, Inc.

SRM Entertainment designs, develops, and manufactures custom merchandise which includes toys and souvenirs for the world’s largest theme parks and other entertainment venues. Many of SRM’s creative products are based on award winning multi-billion-dollar entertainment franchises that are featured in popular movies and books. SRM products are distributed worldwide at Walt Disney Parks and Resorts, Universal Parks and Destinations, United Parks and Resorts – SeaWorld, Six Flags and other attractions. SRM’s products are offered alongside popular rides and attractions in theme parks, zoos, aquariums, and other entertainment venues. SRM’s design team developed specialty dolls, plush and toys for one of New York City’s landmarks that features a popular holiday show. SRM’s design team is credited with creating popular products which have been successfully sold at specialty theme park events. SRM’s exclusive-patented Sip With Me cups feature fun, kid friendly Zoo, Sea and animal themed characters as well as licensed characters from Smurfs, ICEE and Zoonicorn.

Caution Regarding Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. These statements are subject to uncertainties and risks including, but not limited to, the risk factors discussed in the Risk Factors and in Management’s Discussion and Analysis of Financial Condition and Results of Operations sections of our Forms 10-K, 10-Q and other reports filed with the SEC and available at www.sec.gov. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law.

Media and Investor Relations
[email protected]
(407)-230-8100
website: SRMentertainment.com


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SRM Entertainment Secures Large Order from One of Orlando’s Biggest Theme Parks for Misting Fans

Jupiter, FL, Nov. 25, 2024 — SRM Entertainment, Inc. (Nasdaq: SRM)(the “Company,” “SRM Entertainment” or “SRM”), a leading provider of high-quality licensed media-themed merchandise, today announced a significant order for its line of misting fans, designed to provide refreshing relief to theme park visitors worldwide. The initial order of $820,000 for US theme parks and $85,000 for international parks, marks a strong presence in this growing product category for SRM Entertainment.

“This is only the beginning of what we expect to be a strong expanding product line for SRM,” said Taft Flittner, President of SRM Entertainment. “These misting fans offer a practical and enjoyable solution to beat the heat at theme parks, and we are confident they will continue to be a popular item among visitors.”

The misting fans will feature prominent theme park logos and characters, creating cherished keepsakes for children and families. “These fans will not only provide welcome relief from the heat but also serve as lasting reminders of fun-filled theme park adventures,” added Flittner.

Rich Miller, CEO of SRM Entertainment, expressed his enthusiasm for the product line and its potential for further growth. “We are excited about the popularity of this line and see it as a possible addition to our Amazon sales, which are growing each month,” said Miller. “This order represents a strong relationship with Orlando’s major theme parks due to our history of delivering excellent quality products.”

Capitalizing on Increased Theme Park Traffic

With theme park attendance on the rise and wait times often exceeding expectations, products like SRM Entertainment’s misting fans are in high demand. “These high-volume items provide a much-needed respite from the heat and contribute to a more enjoyable theme park experience for visitors,” said Miller. “We are well-positioned to capitalize on this growing market and meet the demand for practical and engaging products that enhance the theme park experience.”

Flittner expects the misting fan orders to grow significantly going into 2026 as SRM expands its reach into prominent international theme park markets. “We are confident that our misting fans will be a hit with theme park visitors worldwide,” said Flittner.

About SRM Entertainment, Inc.

SRM Entertainment designs, develops, and manufactures custom merchandise which includes toys and souvenirs for the world’s largest theme parks and other entertainment venues. Many of SRM’s creative products are based on award winning multi-billion-dollar entertainment franchises that are featured in popular movies and books. SRM products are distributed worldwide at Walt Disney Parks and Resorts, Universal Parks and Destinations, United Parks and Resorts – SeaWorld, Six Flags and other attractions. SRM’s products are offered alongside popular rides and attractions in theme parks, zoos, aquariums, and other entertainment venues. SRM’s design team developed specialty dolls, plush and toys for one of New York City’s landmarks that features a popular holiday show. SRM’s design team is credited with creating popular products which have been successfully sold at specialty theme park events. SRM’s exclusive-patented Sip With Me cups feature fun, kid friendly Zoo, Sea and animal themed characters as well as licensed characters from Smurfs, ICEE and Zoonicorn.

Caution Regarding Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. These statements are subject to uncertainties and risks including, but not limited to, the risk factors discussed in the Risk Factors and in Management’s Discussion and Analysis of Financial Condition and Results of Operations sections of our Forms 10-K, 10-Q and other reports filed with the SEC and available at www.sec.gov. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law.

Media and Investor Relations
[email protected]
(407)-230-8100
website: SRMentertainment.com


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SRM Entertainment Launches New Media Division In Expansion Of Suretone Pictures Partnership

Jupiter, FL, Nov. 14, 2024 — SRM Entertainment, Inc., (Nasdaq: SRM) (the “Company” or “SRM”) today announced the launch of its new media division, SRM Media, marking a significant expansion of the company’s entertainment offerings. This strategic move builds upon SRM’s existing media relationship with Suretone Pictures and underscores SRM’s commitment to delivering high-quality entertainment content across various platforms. SRM Media’s first acquisition, courtesy of its new Suretone Pictures partnership in the making, is Suretone Pictures’ critically acclaimed Western “The Kid,” a 2019 Western/Action film currently streaming on AMAZON Prime. The Kid is a reimagining of the Billy the Kid legend starring Ethan Hawke, Chris Pratt, and Dane DeHaan. Directed by Vincent D’Onofrio, the film has been praised for its powerful performances, stunning cinematography, and fresh take on a classic tale. This acquisition aligns with SRM Media’s vision to acquire and distribute compelling films and television content while leveraging SRM Entertainment’s expertise in merchandising and licensing to maximize IP value.

To view the trailer for “The Kid,” please visit: www.srmentertainment.com

“The launch of SRM Media represents a significant step forward in our strategy to diversify and expand our entertainment offerings,” says Rich Miller, CEO of SRM Entertainment.

“This is vertical integration at its best, and it presents endless possibilities for SRM. Our focus is on acquiring high-quality films like ‘The Kid’ that provide long-term, revenue streams. High-quality films, even with modest budgets, can generate returns long after their initial box office release, especially when they feature a well-known cast like ‘The Kid.’ These actors have dedicated followers who will seek out the film on streaming platforms like Amazon, where it will be available. Furthermore, the iconic characters and storyline present exciting opportunities for merchandise development, creating a synergistic relationship between our media and merchandise divisions. We believe this acquisition will deliver solid returns for years to come and generate significant value for our shareholders. Bringing Jordan Schur on board as an advisor is a major advantage for SRM as his decades of experience in the film industry, including his roles at Suretone Pictures and Mimran Schur Pictures, will be invaluable as we build our media division,” adds Miller.

“I’m honored to be part of this exciting new chapter of SRM Media as we endeavor to bring Suretone Pictures various filmed content, library assets and present / future IP in an integrated fashion to SRM Entertainment,” says Schur. “The addition of ‘The Kid’ is a strong first step in our plans to expand SRM Media as it demonstrates a clear vision for the future activities of a natural exchange of commerce in both companies. By combining Suretone’s filmmaking expertise and endeavors with SRM’s business acumen, we are building a media powerhouse that will deliver compelling entertainment experiences and potential revenue drivers in various verticals for years to come. The launch of SRM Media with Suretone Pictures committed assistance represents a significant milestone in SRM Entertainment’s growth strategy towards expanding its media footprint. Suretone Pictures plans to continue making great efforts in its guidance for SRM towards its goal objectives to scale and build its media library through strategic acquisitions and partnerships, further solidifying its position in the entertainment industry, while also emboldening the growing partnership of Suretone Pictures and SRM Entertainment.”

This move comes amidst a resurgence of interest in Western films, with demand growing by 146% in the US between 2021 and 2023, according to Parrot Analytics. With “The Kid,” SRM Media is well-positioned to capitalize on this trend and the growing importance of digital media in consumers’ lives.

As Miller notes, citing data from eMarketer, “Adults in the US now spend an average of 7 hours and 50 minutes per day consuming digital media, presenting a significant opportunity for streaming platforms like Amazon, where ‘The Kid’ will be available. SRM Media will leverage its established merchandising and licensing expertise to maximize the film’s value in a global entertainment merchandise market expected to reach $480.97 billion by 2028, according to Statista.”

Miller adds, referencing the US Bureau of Labor Statistics, “With US households spending an average of $3,433 per year on entertainment, there’s a clear demand for engaging content like ‘The Kid.’ This acquisition under the guidance of Suretone Pictures positions SRM Media to tap into this lucrative market and deliver strong returns for shareholders. Having digital media as part of SRM’s portfolio of products should help deliver sizable growth in the near future.”

Amazon has over 200 million Amazon Prime subscribers worldwide. This number has doubled since 2018. In the US alone, there are approximately 180 million Amazon Prime subscribers. This means that roughly 75% of all US Amazon shoppers are Prime members.

About SRM Entertainment, Inc.

SRM Entertainment designs, develops, and manufactures custom merchandise which includes toys and souvenirs for the world’s largest theme parks and other entertainment venues. Many of SRM’s creative products are based on award winning multi-billion-dollar entertainment franchises that are featured in popular movies and books. SRM products are distributed worldwide at Walt Disney Parks and Resorts, Universal Parks and Destinations, United Parks and Resorts – SeaWorld and other attractions. SRM’s products are offered alongside popular rides and attractions in theme parks, zoos, aquariums, and other entertainment venues. SRM’s design team developed specialty dolls, plush and toys for one of New York City’s landmarks that features a popular holiday show. SRM’s design team is credited with creating popular products which have been successfully sold at specialty theme park events. SRM’s exclusive-patented Sip With Me cups feature fun, kid friendly Zoo, Sea and animal themed characters as well as licensed characters from Smurfs, ICEE and Zoonicorn.

About SURETONE PICTURES

Suretone Pictures was founded in 2011 with notably produced films including The Kid [Ethan Hawke, Chris Pratt, Dane Dehaan, Jake Schur] (2019), Pawnshop Chronicles [Paul Walker, Brendan Fraser, Elijah Wood, Matt Dillon, Norman Reedus] (2013), One Nation Under God [Isaak Presley, Kevin Sorbo, Casper Van Dien, Antonio Sabato Jr.], and more. Suretone Pictures has a diverse upcoming slate which includes DO NOT ENTER, financed in an equal joint-venture partnership with Lionsgate and based on the best-selling book Creepers by David Morrell (Rambo films’ books author), starring Jake Manley, Adeline Rudolph, Francesca Reale, Nicholas Hamilton, and Laurence O’Faurian, and directed by Marc Klasfeld. Suretone Pictures has produced films such as One Nation Under God, as well as the youth baseball documentary Swing Big. Suretone Pictures currently has the romantic comedy Revenge Wedding in development in conjunction with partner Lionsgate with plans to get into production in 2025. Suretone Pictures also has the highly coveted action / thriller property Five Against A Bullet in development and headed into production in 2025.

Caution Regarding Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. These statements are subject to uncertainties and risks including, but not limited to, the risk factors discussed in the Risk Factors and in Management’s Discussion and Analysis of Financial Condition and Results of Operations sections of our Forms 10-K, 10-Q and other reports filed with the SEC and available at www.sec.gov. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law.

Media and Investor Relations

[email protected]

(407)-230-8100

website: SRMentertainment.com


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Suretone Pictures and SRM Announce Media Agreement / Jordan Schur Joins Company as Advisor

JUPITER, FL, Sept. 24, 2024 — SRM Entertainment, Inc., (Nasdaq: SRM) (the “Company” or “SRM”) SRM and Suretone Entertainment’s Suretone Pictures are in negotiations to form an alliance capitalizing on Suretone Pictures’ film productions, tv content creation, existing library and distribution strength alongside SRM’s ongoing merchandise, manufacturing and distribution businesses as engaged in providing its services to the major film studios. The initial transaction was closed on September 3, 2024 with the transfer of the first of several valuable film assets transferred by Suretone Pictures to SRM. SRM and Suretone Entertainment’s Suretone Pictures are engaged in far-reaching discussions to jointly create a new media company using certain assets of Suretone Pictures as the two companies intend to come together to build a multi-film asset and IP based library with an innovative plan towards distribution, merchandising and production.

The companies have set an agenda with a goal to merge Suretone Pictures’ assets into SRM in early to mid 2025, subject to regulatory approvals and other customary closing conditions. Jordan Schur, Suretone Pictures’ President, will initially join SRM as an advisor bringing several decades of movie and media experience to lead the endeavor as he looks to manage jointly controlled movie assets and content creation to drive the strategic media combination forward. Schur will guide the venture as he oversees various film-making endeavors, as well as spearhead movie acquisition and related merchandising efforts for the companies with Suretone Pictures’ film and tv industries partners.

SRM and Suretone Entertainment recently completed their first media deal with SRM acquiring certain Suretone Pictures film assets. Under the agreement, these initial assets will become part of SRM’s media library, allowing SRM to own and exploit the initial film assets’ merchandising, licensing fees and revenue. SRM and Suretone view this transaction as the first stage in an overall larger transaction to join forces toward creating a valuable media franchise business. Further announcements on subsequent stages are expected shortly.

Jordan Schur commented, “I am pleased to announce this new endeavor of Suretone Pictures with SRM. The companies enjoy a powerful synergy together on current functions which complement overall goals on a combined agenda in operations to better compete in the current environment. I look forward to working with Rich Miller and the SRM team on our jointly controlled IP to bring in-demand entertainment content in films, tv and physical goods to an underserved independent global film and tv market.”

Jordan Schur, founder and chairman of Suretone Entertainment, serves as Suretone Picture’s President and enjoys a long-standing successful career as a media entrepreneur. Schur additionally co-founded Mimran Schur Pictures, a company engaged in the co-finance of partnering with major film studios on their film productions. Schur has been a major force in the music business as founder of the legendary Flip Records, while also serving as long-time President of Geffen Records, additionally merging MCA Records into Geffen during his tenure there.

Schur founded Los Angeles-based Suretone Entertainment in 2006 as an independent full-service entertainment company which has consistently impacted culture in music, film, and television. Suretone Entertainment encompasses Suretone Records, Suretone Pictures, and Suretone Management, a multi-tiered company that has become a prominent figure in the landscape of the entertainment industries. Schur has played a pivotal role at several of the major film studios and major record companies since the early 2000s, variously driving market leading profitability in his ventures alongside major industry partners while jointly creating defining movements in entertainment culture with some of the more influential figures in film, music and Hollywood.

SRM is engaged in the business of creating themed merchandise based on blockbuster movie franchises in providing services to the film industry. The new relationship with Suretone Pictures allows SRM to expand its activities in obtaining valuable proprietary movie and media assets that will create new opportunity in its existing business manufacturing lines.

“We are thrilled to welcome Jordan Schur and Suretone Pictures to SRM. Our goal is to jointly scale a disruptive film, tv, media company with on-going production operations, while building a library of film and tv assets, coupled with other valuable IP we plan to jointly acquire. We believe we enjoy a competitive edge in our plans to develop and distribute our various entertainment content and physical goods in our joint efforts direct to consumers through our various distribution channels online, in theaters, VOD and streaming, while manufacturing goods to properly exploit the various merchandise rights ensconced in the media rights. We intend to create multiple new channels in our distribution of products to better drive value for our shareholders.” says Rich Miller, CEO of SRM, in explaining the motivation behind the venture.

About SRM Entertainment, Inc.

SRM Entertainment designs, develops, and manufactures custom merchandise which includes toys and souvenirs for the world’s largest theme parks and other entertainment venues. Many of SRM’s creative products are based on award winning multi-billion-dollar entertainment franchises that are featured in popular movies and books. SRM products are distributed worldwide at Walt Disney Parks and Resorts, Universal Parks and Destinations, United Parks and Resorts – SeaWorld and other attractions. SRM’s products are offered alongside popular rides and attractions in theme parks, zoos, aquariums, and other entertainment venues. SRM’s design team developed specialty dolls, plush and toys for one of New York City’s landmarks that features a popular holiday show. SRM’s design team is credited with creating popular products which have been successfully sold at specialty theme park events. SRM’s exclusive-patented Sip With Me cups feature fun, kid friendly Zoo, Sea and animal themed characters as well as licensed characters from Smurfs, ICEE and Zoonicorn.

ABOUT SURETONE PICTURES

Suretone Pictures was founded in 2011 with notably produced films including The Kid [Ethan Hawke, Chris Pratt, Dane Dehaan, Jake Schur] (2019), Pawnshop Chronicles [Paul Walker, Brendan Fraser, Elijah Wood, Matt Dillon, Norman Reedus] (2013), One Nation Under God [Isaak Presley, Kevin Sorbo, Casper Van Dien, Antonio Sabato Jr.], and more. Suretone Pictures has a diverse upcoming slate which includes DO NOT ENTER, financed in an equal joint-venture partnership with Lionsgate and based on the best-selling book Creepers by David Morrell (Rambo films’ books author), starring Jake Manley, Adeline Rudolph, Francesca Reale, Nicholas Hamilton, and Laurence O’Faurian, and directed by Marc Klasfeld. Suretone Pictures has produced films such as One Nation Under God, as well as the youth baseball documentary Swing Big. Suretone Pictures currently has the romantic comedy Revenge Wedding in development in conjunction with partner Lionsgate with plans to get into production in 2025. Suretone Pictures also has the highly coveted action / thriller property Five Against A Bullet in development and headed into production in 2025.

ABOUT JORDAN SCHUR

Jordan Schur is an American entrepreneur. Chairman and CEO of Suretone Pictures, as well as a partner in film production company Mimran Schur Pictures, and partner / board member of Safety Shot. He is also the former President of Geffen Records (https://en.m.wikipedia.org/wiki/Geffen_Records) and President in merger with MCA Records. Schur is the founder of Flip Records (https://en.m.wikipedia.org/wiki/Flip_Records_(1994) and the founder of Suretone Records (https://en.m.wikipedia.org/wiki/Suretone_Records) as well as the founder of the music, television, and film production company Suretone Entertainment (https://en.m.wikipedia.org/wiki/Suretone_Records) Founded by Jordan Schur in 2006, Suretone Entertainment encompasses Suretone Pictures, Mimran Schur Pictures, Suretone Records and Suretone Artist Management. This independent full-service entertainment company has consistently impacted culture in music, film, and television.

Caution Regarding Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. These statements are subject to uncertainties and risks including, but not limited to, the risk factors described in the Risk Factors and in Management’s Discussion and Analysis of Financial Condition and Results of Operations sections of our Forms 10-K, 10-Q and other reports filed with the SEC and available at www.sec.gov. There can be no guarantee that SRM will obtain the necessary regulatory approvals to merge Suretone Pictures’ assets into SRM nor can there be any guarantee that SRM and Suretone will be able to reach an agreement to create a new media company. In addition, SRM and Suretone have not signed any exclusivity agreement and each may enter into other material transactions such as an acquisition, merger, or other transactions to pursue a different strategic direction. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s filings with the SEC. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law.

Media and Investor Relations

[email protected]
(407)-230-8100
website: SRMentertainment.com


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SRM Entertainment to Unveil Custom Design Programs at the 2024 Las Vegas Souvenir & Resort Gift Show

Event Dates: September 17th – 20th, 2024
Location: Las Vegas Convention Center
Booth Number: 2549
Souvenier & Resort Gift Show 2024

JUPITER, FL, Sept. 12, 2024 — SRM Entertainment, Inc. (Nasdaq: SRM) (the “Company” or “SRM”) is thrilled to announce its participation in the 2024 Las Vegas Souvenir & Resort Gift Show, the premier event for the gift and souvenir industry, taking place from September 17th through September 20th at the Las Vegas Convention Center. At Booth 2549, SRM will debut several innovative product lines, including the highly anticipated wireless remote RGB LED Custom Light Stick Designs and the Sip With Me drink cup collection. The Company’s President will be in attendance, personally showcasing these dynamic products, and SRM encourages all retailers, and industry professionals to visit the booth for a firsthand look at these exciting new offerings.

Why Attend the Las Vegas Souvenir & Resort Gift Show?

The Las Vegas Souvenir & Resort Gift Show is one of the largest events in North America for retailers seeking the latest trends in resort, gift, and souvenir merchandise. This show attracts thousands of buyers from across the world, including resort and amusement park operators, hotel gift shops, theme parks, and travel retail outlets. Attendees range from entrepreneurs and small business owners to representatives from major chains and large-scale venue operators, providing an unparalleled networking opportunity for businesses like SRM Entertainment.

This year, the event will feature over 1,300 exhibitors showcasing high-margin products, including custom souvenirs, resort wear, toys, and interactive merchandise. It’s a must-attend for decision-makers looking for unique, technology-driven solutions for their retail operations. With buyers from around the globe, including retail executives and resort gift shop buyers. The show serves as a pivotal platform for businesses to debut their latest innovations.

SRM’s Spotlight Product Lineup: What to Expect at Booth 2549

1. RGB LED Custom Light Stick Designs

These Bluetooth-controlled light sticks are designed with, the Company believes, cutting-edge RGB LED technology and feature an integrated custom app. Tailored for the Location-Based Entertainment (LBE) industry, these light sticks offer dynamic entertainment solutions that can enhance the customer experience at theme parks, concerts, sports venues, and even in-home settings. Through Bluetooth connectivity, users can sync the light sticks with customized app controls to create immersive, interactive experiences.

2. “Sip With Me” Drink Cups

SRM will also debut the customizable Sip With Me drink cup collection, a fun, creative line of drinkware designed to stand out in the souvenir and gift space. These cups provide retailers with personalization options to match any theme or occasion, making them perfect for resorts, amusement parks, and corporate gift shops. The design possibilities are endless, offering retailers a new way to engage customers with products that are not only functional but also memorable keepsakes.

3. Custom Design Programs

In addition to its core product lines, SRM will present its Custom Design Programs, showcasing the Company’s ability to create fully customized merchandise solutions. These programs are ideal for businesses looking to enhance their branding through unique, technology-driven products. SRM’s team of experts will be available at the booth to discuss how these custom solutions can fit the needs of location-based entertainment venues, resorts, and other retailers.

Why This Event is Important for SRM Entertainment

1. Positioning SRM as a Leader in Innovative Souvenir and Gift Solutions

The Las Vegas Souvenir & Resort Gift Show provides SRM with a premier platform to position itself as a leader in the souvenir and resort gift space. By showcasing our new products and custom programs to a highly influential audience, SRM may be able to secure valuable partnerships with top retailers, resorts, and entertainment venues from around the world. The visibility SRM gains from this event will help drive brand recognition and cement its reputation as a provider of cutting-edge merchandise solutions.

2. Expanding into the Location-Based Entertainment (LBE) Market

The introduction of SRM’s RGB LED Custom Light Stick Designs is a significant move into the LBE market, which includes amusement parks, sports arenas, and entertainment venues. The technology-driven features of these products offer dynamic, interactive experiences that appeal to venue operators looking to enhance customer engagement and drive new revenue streams. By leveraging this event, SRM may be able to form relationships with key players in the LBE sector, providing a strong foundation for growth in this high-potential market.

3. Strategic Partnerships and Sales Opportunities

SRM’s participation in this event may help the Company forge new partnerships with large-scale retailers and venue operators who are seeking unique, technology-enhanced solutions for their souvenir and gift shops. The Company believes its combination of innovative design capabilities and custom programs may position it as a key player in helping these businesses create memorable customer experiences, which in turn will drive sales and brand loyalty.

Taft Flittner, SRM Entertainment’s President, will be on-site throughout the event, available to meet with industry professionals, and potential partners. We encourage all attendees to stop by Booth 2549 to engage with our team, ask questions, and experience our innovative product lines firsthand. Taft’s presence demonstrates the Company’s commitment to building relationships and sharing our vision for future growth.

About SRM Entertainment, Inc.

SRM Entertainment designs, develops, and manufactures custom merchandise which includes toys and souvenirs for the world’s largest theme parks and other entertainment venues. Many of SRM’s creative products are based on award winning multi-billion-dollar entertainment franchises that are featured in popular movies and books. SRM products are distributed worldwide at Walt Disney Parks and Resorts, Universal Parks and Destinations, United Parks and Resorts – SeaWorld and other attractions. SRM’s products are offered alongside popular rides and attractions in theme parks, zoos, aquariums, and other entertainment venues. SRM’s design team developed specialty dolls, plush and toys for one of New York City’s landmarks that features a popular holiday show. SRM’s design team is credited with creating popular products which have been successfully sold at specialty theme park events. SRM’s exclusive-patented Sip With Me cups feature fun, kid friendly Zoo, Sea and animal themed characters as well as licensed characters from Smurfs, ICEE and Zoonicorn.

Caution Regarding Forward-Looking Statements

Certain statements, including, but not limited to, the possibility of securing partnerships with top retailers, resorts, and entertainment venues and the possibility of forming relationships with key players in the LBE sector, in this announcement are forward-looking statements. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. These statements are subject to uncertainties and risks including, but not limited to, the risk factors discussed in the “Risk Factors” section of the registration statement for the Offering filed with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law.

Media and Investor Relations

[email protected]
(407)-230-8100
website: SRMentertainment.com


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SRM Expands Distribution with ICEE Brand Sip With Me Cups Coming Soon to a Theater Near You

JUPITER, FL, Aug. 12, 2024 — SRM Entertainment, Inc., (Nasdaq: SRM) (the “Company” or “SRM”) is pleased to announce new orders and expanded distribution of our custom designed ICEE brand Sip With Me drink cups. The nostalgic ICEE Sip With Me cups will be available in the coming weeks in theaters across the country. SRM provides premium merchandise for licensed brands many of which are based on blockbuster movies. SRM products connect consumers with their favorite characters and brands while helping theaters promote the movie merchandising experience.

“SRM specializes in developing innovative products that add lasting value for our customers’ brands. The entertainment industry allows us to create memories and enhance the in-theater purchase experience, bringing magic and nostalgia to life.” stated SRM’s CEO Rich Miller.

About SRM Entertainment, Inc.

SRM Entertainment designs, develops, and manufactures custom products, toys and souvenirs for the world’s largest theme parks and other entertainment venues. SRM products are available worldwide at Walt Disney Parks and Resorts, Universal Parks and Destinations, United Parks and Resorts – SeaWorld and other attractions. Many of SRM’s creative products are based on award winning multi-billion-dollar entertainment franchises that are featured in popular movies and books. SRM’s products are offered alongside popular rides and attractions in theme parks, zoos, aquariums, and other entertainment venues. SRM’s design team developed specialty dolls, plush and toys for one of New York City’s landmarks that features a popular holiday show. SRM’s design team is credited with creating popular products which have been successfully sold at specialty theme park events. SRM’s exclusive-patented Sip With Me cups feature fun, kid friendly Zoo, Sea and animal themed characters as well as licensed characters from Smurfs, ICEE and Zoonicorn.

Caution Regarding Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. These statements are subject to uncertainties and risks including, but not limited to, the risk factors discussed in the “Risk Factors” section of the registration statement for the Offering filed with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law.

Media and Investor Relations

[email protected]
(407)-230-8100
website: SRMentertainment.com


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SRM Announces Custom Designed Product Order for In-(Movie)Theater Marketplace

JUPITER, FL, June 10, 2024 — SRM Entertainment, Inc., (Nasdaq: SRM) (the “Company” or “SRM”) is pleased to announce a new order for SRM custom designed, nostalgic movie character key chains which will be available online and in shops at one of the world’s largest movie theater chain. The intial order will help theaters promote the enhanced merchandising experience which allows movie goers to purchase memorabilla, souveniers and gifts in theater.

“SRM is continually searching for new opportunities to connect with customers. In-theater purchases has many similarities to the theme park merchandise experience which allows brands to connect with a captive audience. Designing brand themed products that people are excited to buy is at the core of what we strive to help our customers achieve.” stated SRM’s CEO Rich Miller.

About SRM Entertainment, Inc.

SRM Entertainment designs, develops, and manufactures custom products, toys and souvenirs for the world’s largest theme parks and other entertainment venues. SRM products are available worldwide at Walt Disney Parks and Resorts, Universal Parks and Destinations, United Parks and Resorts – SeaWorld and other attractions. Many of SRM’s creative products are based on award winning multi-billion-dollar entertainment franchises that are featured in popular movies and books. SRM’s products are offered alongside popular rides and attractions in theme parks, zoos, aquariums, and other entertainment venues. SRM’s design team developed specialty dolls, plush and toys for one of New York City’s landmarks that features a popular holiday show. SRM’s design team is credited with creating popular products which have been successfully sold at specialty theme park events. SRM’s exclusive-patented Sip With Me cups feature fun, kid friendly Zoo, Sea and animal themed characters as well as licensed characters from Smurfs, ICEE and Zoonicorn.

Caution Regarding Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. These statements are subject to uncertainties and risks including, but not limited to, the risk factors discussed in the “Risk Factors” section of the registration statement for the Offering filed with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law.

Media and Investor Relations

[email protected]
(407)-230-8100
website: SRMentertainment.com


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SRM Expands with New Order that Helps Theme Park Guests Stay Cool in the Summertime Heat

JUPITER, FL, May 09, 2024 — SRM Entertainment, Inc., (Nasdaq: SRM) (the “Company” or “SRM”) is pleased to announce a new regional theme park product order for our exclusive, colorful misting fans. The “fan favorite” is great to help beat the summer heat while your enjoying a fun day at one of America’s premier amusement parks. The 30,000+ unit order increases SRM’s expansion efforts with one of the largest regional amusement-resort operators in the world that welcomes approximately 28 million guests annually to parks located throughout the US.

“SRM is striving to build relationships with premier entertainment destinations. Summertime is fun time for millions of people and we’re looking forward to helping them stay cool.” stated SRM’s CEO Rich Miller.

About SRM Entertainment, Inc.

SRM Entertainment designs, develops, and manufactures custom products, toys and souvenirs for the world’s largest theme parks and other entertainment venues. SRM products are available worldwide at Walt Disney Parks and Resorts, Universal Parks and Destinations, United Parks and Resorts – SeaWorld and other attractions. Many of SRM’s creative products are based on award winning multi-billion-dollar entertainment franchises that are featured in popular movies and books. SRM’s products are offered alongside popular rides and attractions in theme parks, zoos, aquariums, and other entertainment venues. SRM’s design team developed specialty dolls, plush and toys for one of New York City’s landmarks that features a popular holiday show. SRM’s design team is credited with creating popular products which have been successfully sold at specialty theme park events. SRM’s exclusive-patented Sip With Me cups feature fun, kid friendly Zoo, Sea and animal themed characters as well as licensed characters from Smurfs, ICEE and Zoonicorn.

Caution Regarding Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. These statements are subject to uncertainties and risks including, but not limited to, the risk factors discussed in the “Risk Factors” section of the registration statement for the Offering filed with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law.

Media and Investor Relations

[email protected]
(407)-230-8100
website: SRMentertainment.com


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