(SRM Update) - Today's Nasdaq Profile Surges Green Up Approx. 16% With Breaking News

SRM Entertainment, Inc. (Nasdaq: SRM) is coming out hot early Thursday.

*Sponsored StockWireNews (SRM Update) - Today's Nasdaq Profile Surges Green Up Approx. 16% With Breaking News December 12th Greetings Readers, SRM Entertainment, Inc. (Nasdaq: SRM) is coming out hot early Thursday. Currently up approx. 16% from yesterday's close, SRM just dropped major news: SRM Entertainment's Growth Trajectory Continues with New Product Launch and Significant Reorder Jupiter, FL, Dec. 12, 2024 (GLOBE NEWSWIRE) -- 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." ... Read the full article here. Mix this awesome news with a low float of 2.42Mn shares for SRM, and this could become a volatile situation early today. Take a moment to review my initial report and consider (Nasdaq: SRM) for your watchlist. ----- Ready for another breakout idea? Well, get ready. Wednesday's market-shaker alert was no slouch. Running from a pre-market low of $1.47 to a post-opening bell high of $2.49, that Nasdaq profile ran over $1.00 (approx.) in fewer than 12 hours. Overall, that surge resulted in a move of approx. 69%! Part of the reason for that explosive potential? A low float. Now, was that the only reason for today's surge? Probably not. But it's important to note that this new breakout idea also has a very low float in comparison to most profiles out there. We're talking a float of fewer than 2.5Mn shares (according to Yahoo Finance). Listen. A low float alone won't create the same kinda surge we saw from Wednesday's profile, but it can create the environment for significant volatility. But when you see the other catalyst potential including massive Amazon sales news, a key film acquisition, and the launch of a new media division, it'll be tough not consider this Nasdaq profile for your watchlist: *SRM Entertainment, Inc. (Nasdaq: SRM)* 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 wi-nning multi-Bn-dollar entertainment franchises that are featured in popular movies and books. And based on strong catalyst potential, SRM could become a buzz-worthy, breakout idea. Take a look at this: No. 1 - This Low Float Could Create A Volatile Situation (In A Flash). No. 2 - Exceptional Growth Recognized As Key Sales On Amazon Rocket Over 400% In 3 Months! No. 3 - A Massive Order Marks SRM's Strong Presence In A Growing Product Category. No. 4 - SRM Launches New Media Division (Talks About First Film Acquisition, "The Kid.") But more on those in a second... Key Details - (Nasdaq: SRM) Company Breakdown SRM, with their unique style, expertise in pop culture, broad product distribution and highly accessible price points, has developed a passionate following for their products that has underpinned their growth.

Designed & Manufactured

Content Providers The company has licensing relationships with numerous established content providers, with its products featured in venues such as Walt Disney Parks and Resorts, Universal Studios, SeaWorld, Six Flags, Imagine Exhibitions, and various other retailers. It holds licenses with brands like Smurfs and Zoonicorn LLC, enabling the creation of multiple products based on individual characters. Content providers trust SRM to develop unique, stylized extensions of their intellectual property that enhance consumer engagement, thereby maximizing the lifetime value of their content. Retail Channels SRM offers retail customers a customized product mix tailored to appeal to their specific customer bases. Theme parks and the entertainment industry recognize the potential in the growing demand for pop culture products and continue to allocate space for the company's products within this category. SRM believes that its products will maintain significant consumer traffic due to their built-in fan base, regular refreshes that create a "treasure hunt" shopping experience, and the inclusion of exclusive, trend-setting items at the forefront of pop culture. Consumers Fans increasingly seek ways to express their affinity for and engage with their favorite pop culture content. Over time, many consumers transition from occasional buyers to more frequent purchasers, categorized as enthusiasts or collectors. SRM designs products to appeal to a wide range of fans across diverse demographic groups, including men, women, boys, and girls. Its offerings span multiple categories, with products generally priced between $2.50 and $50.00, enabling frequent and impulsive expressions of fandom. The company continues to introduce innovative products at various price points and styles to foster fan engagement. SRM operates with a nimble and low-fixed-cost production model. Its experienced management team and strong relationships with content providers, retailers, and third-party manufacturers allow for efficient transitions from product concept to execution. This agility enables the company to balance current content releases and pop culture trends with timeless classics such as Harry Potter or Star Wars. This approach has driven significant growth while reducing reliance on individual content releases. Sources: Company Website. Company Presentation. ----- As mentioned earlier in the report, SRM may have some explosive potential catalysts to consider right now. Take a look: No. 1 SRM Potential Catalyst - This Low Float Could Create A Volatile Situation (In A Flash). According to info from the Yahoo Finance website, SRM has a very low float. In fact, the website reports this profile to have approx. 2.42Mn shares in its float. Why is that important? It's important on one crucial level. Volatility potential. Could more positive company news towards the end of 2024 provide a near term spark? ----- No. 2 SRM Potential Catalyst - Exceptional Growth Recognized As Key Sales On Amazon Rocket Over 400% In 3 Months! SRM Entertainment's Amazon Sales Surge Over 400% in Three Months, Fueling Strong Fi-nan-cial Performance Jupiter, FL, Dec. 04, 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 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 fi-nan-cial 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 pro-fit-ability." ... Read the full article here. ----- No. 3 SRM Potential Catalyst - A Massive Order Marks SRM's Strong Presence In A Growing Product Category. SRM Entertainment Secures Large Order from One of Orlando's Biggest Theme Parks for Misting Fans Jupiter, FL, Nov. 25, 2024 (GLOBE NEWSWIRE) -- 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 $820k for US theme parks and $85k 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." ... Read the full article here. ----- No. 4 SRM Potential Catalyst - SRM Launches New Media Division (Talks About First Film Acquisition, "The Kid.") SRM Entertainment Launches New Media Division In Expansion Of Suretone Pictures Partnership Jupiter, FL, Nov. 14, 2024 (GLOBE NEWSWIRE) -- 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. "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. ... Read the full article here. ----- (Nasdaq: SRM) Recap - Key Potential Catalysts On Watch No. 1 - This Low Float Could Create A Volatile Situation (In A Flash). No. 2 - Exceptional Growth Recognized As Key Sales On Amazon Rocket Over 400% In 3 Months! No. 3 - A Massive Order Marks SRM's Strong Presence In A Growing Product Category. No. 4 - SRM Launches New Media Division (Talks About First Film Acquisition, "The Kid.") ----- Coverage is officially initiated on SRM Entertainment, Inc. (Nasdaq: SRM). I'll be in touch with updates as we move forward. Talk soon. Sincerely, Kai Parker StockWireNews (Always Remember The St-ock Prices Could Be Significantly Lower Now From The Dates I Provided.)

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