POWW

AMMO, Inc. Announces Preferred Stock Dividend

Retrieved on: 
Friday, May 19, 2023
GunBroker.com, Firearm, POWW, AMMO, Security (finance), Telescopic sight

SCOTTSDALE, Ariz., May 19, 2023 (GLOBE NEWSWIRE) -- AMMO, Inc. (Nasdaq: POWW, POWWP) (“AMMO” or the “Company”) the owner of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries, and a leading vertically integrated producer of high-performance ammunition and components, today announced that the holders of record of the Company’s 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock (the “Series A Preferred Stock”) as of the close of business on May 31, 2023 will receive a cash dividend equal to $0.55902778 per Series A Preferred Stock share.

Key Points: 
  • SCOTTSDALE, Ariz., May 19, 2023 (GLOBE NEWSWIRE) -- AMMO, Inc. (Nasdaq: POWW, POWWP) (“AMMO” or the “Company”) the owner of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries, and a leading vertically integrated producer of high-performance ammunition and components, today announced that the holders of record of the Company’s 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock (the “Series A Preferred Stock”) as of the close of business on May 31, 2023 will receive a cash dividend equal to $0.55902778 per Series A Preferred Stock share.
  • The cash dividend will be paid on June 15, 2023.

AMMO Acknowledges Receipt of Urvan Lawsuit

Retrieved on: 
Thursday, May 4, 2023
GunBroker.com, Firearm, POWW, Delaware Court of Chancery, Delaware Court, Acquisition, AMMO, Telescopic sight, Security (finance)

SCOTTSDALE, Ariz., May 04, 2023 (GLOBE NEWSWIRE) -- AMMO, Inc. (Nasdaq: POWW, POWWP) (“AMMO” or the “Company”), the owner of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries, and a leading vertically integrated producer of high-performance ammunition and components, today acknowledged receipt of a lawsuit filed by Steve Urvan in the Delaware Court of Chancery.

Key Points: 
  • SCOTTSDALE, Ariz., May 04, 2023 (GLOBE NEWSWIRE) -- AMMO, Inc. (Nasdaq: POWW, POWWP) (“AMMO” or the “Company”), the owner of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries, and a leading vertically integrated producer of high-performance ammunition and components, today acknowledged receipt of a lawsuit filed by Steve Urvan in the Delaware Court of Chancery.
  • Mr. Urvan has served as a director of the Company since April 2021 when he joined the Board of Directors upon the closing of the Company’s acquisition of GunBroker.com.
  • In August 2022, Mr. Urvan launched a proxy contest in which he sought to replace a majority of the Board of Directors.
  • On April 28, 2023, Mr. Urvan filed suit against the Company and certain individuals (including some of its officers and directors) in the Delaware Court of Chancery.

Ammo Inc. Board Authorizes Extension of Share Repurchase Plan

Retrieved on: 
Tuesday, March 28, 2023
AMMO, GunBroker.com, Firearm, POWW, Share repurchase, WalletHub, Telescopic sight, Cryptocurrency

Purchases made pursuant to the program will be made in the open market from time to time, at the Company’s discretion, i through privately negotiated transactions or through other manners as permitted by federal securities laws.

Key Points: 
  • Purchases made pursuant to the program will be made in the open market from time to time, at the Company’s discretion, i through privately negotiated transactions or through other manners as permitted by federal securities laws.
  • The timing, manner, price and amount of any repurchases will be determined by the Company and will be subject to economic and market conditions, stock price, applicable legal requirements and other factors.
  • Previously, the Company disclosed in its Form 10-Q (Quarterly Report) filed on February 14, 2023 that approximately $29.7 million remained available for repurchases under the plan.
  • The program is expected to continue following this public release and may be suspended or discontinued at any time prior to termination in February 2024.

AMMO, Inc. to Participate in Fireside Chat at the 35th Annual ROTH Conference

Retrieved on: 
Monday, March 13, 2023
POWW, Ritz-Carlton Atlantic City, Conference, AMMO, Laguna Niguel, California, GunBroker.com, Firearm, Cryptocurrency, Hotel

SCOTTSDALE, Ariz., March 13, 2023 (GLOBE NEWSWIRE) -- AMMO, Inc. (Nasdaq: POWW, POWWP) (“AMMO” or the “Company”) the owner of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries, and a leading vertically integrated producer of high-performance ammunition and components, announces today that management will participate in a fireside chat at the 35th Annual Roth Conference being held on March 12-14, 2023 at The Ritz Carlton, Laguna Niguel in Dana Point, California.

Key Points: 
  • SCOTTSDALE, Ariz., March 13, 2023 (GLOBE NEWSWIRE) -- AMMO, Inc. (Nasdaq: POWW, POWWP) (“AMMO” or the “Company”) the owner of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries, and a leading vertically integrated producer of high-performance ammunition and components, announces today that management will participate in a fireside chat at the 35th Annual Roth Conference being held on March 12-14, 2023 at The Ritz Carlton, Laguna Niguel in Dana Point, California.
  • Management will be holding one-on-one meetings with investors and analysts during the conference.
  • To request a meeting with management, please contact your ROTH representative.
  • For additional information, use the link below:

AMMO, Inc. Announces Preferred Stock Dividend

Retrieved on: 
Friday, February 17, 2023
POWW, AMMO, GunBroker.com, Firearm, Security (finance), Telescopic sight

SCOTTSDALE, Ariz., Feb. 17, 2023 (GLOBE NEWSWIRE) -- AMMO, Inc. (Nasdaq: POWW, POWWP) (“AMMO” or the “Company”) the owner of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries, and a leading vertically integrated producer of high-performance ammunition and components, today announced that the holders of record of the Company’s 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock (the “Series A Preferred Stock”) as of the close of business on February 28, 2023 will receive a cash dividend equal to $0.546875 per Series A Preferred Stock share.

Key Points: 
  • SCOTTSDALE, Ariz., Feb. 17, 2023 (GLOBE NEWSWIRE) -- AMMO, Inc. (Nasdaq: POWW, POWWP) (“AMMO” or the “Company”) the owner of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries, and a leading vertically integrated producer of high-performance ammunition and components, today announced that the holders of record of the Company’s 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock (the “Series A Preferred Stock”) as of the close of business on February 28, 2023 will receive a cash dividend equal to $0.546875 per Series A Preferred Stock share.
  • The cash dividend will be paid on March 15, 2023.

AMMO, Inc. Reports Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, February 14, 2023
EPS, Net income, History, AMMO, GunBroker.com, EBITDA, Pressure, Webcast, POWW, Firearm, Growth, Video game, Pharmaceutical industry, Bookkeeping, Adjustment

Third Quarter Fiscal 2023 vs. Third Quarter Fiscal 2022

Key Points: 
  • Third Quarter Fiscal 2023 vs. Third Quarter Fiscal 2022
    Net Revenues decreased 40% to $38.7 million.
  • We ended our third quarter with total revenues of approximately $38.7M in comparison to approximately $64.7M in the prior year quarter - this was a decrease of 40% from the prior year quarter.
  • Our Cost of Revenues was approximately $26.2M for the quarter compared to $42.2M in the comparable prior year quarter.
  • Management will host a conference call to discuss the Company’s Fiscal second quarter 2023 results at 5:00 p.m.

AMMO, Inc. Sets Fiscal Third Quarter 2023 Earnings Call

Retrieved on: 
Tuesday, January 31, 2023
Firearm, Conference, AMMO, Webcast, POWW, GunBroker.com, Video game, Broadcasting, Security (finance)

The Company will also host a conference call for investors at 5:00 p.m. EST that same day.

Key Points: 
  • The Company will also host a conference call for investors at 5:00 p.m. EST that same day.
  • Investors interested in participating in the live conference call or audio-only webcast, may join by dialing 1-866-777-2509 (domestic), 1-412-317-5413 (international), or via webcast at https://event.choruscall.com/mediaframe/webcast.html?webcastid=yW2dwlnP .
  • Please join at least 5-10 minutes prior to the scheduled start and follow the operator’s instructions.
  • When requested, please ask for “AMMO, Inc. Third Quarter 2023 Conference Call.”

AMMO, Inc. Appoints Randy Luth to Board of Directors

Retrieved on: 
Tuesday, January 17, 2023
AMMO, POWW, DPMS, DPMS Panther Arms, AR-15, Firearm, AR, Growth, GunBroker.com, 3D printing, Inc.

Mr. Luth previously served on AMMO’s board from 2017 to 2021.

Key Points: 
  • Mr. Luth previously served on AMMO’s board from 2017 to 2021.
  • “I am honored to rejoin AMMO, Inc.’s Board of Directors and am impressed with the company’s rapid growth and focused direction,” said Mr. Luth.
  • Previously, Mr. Luth founded DPMS & Panther Arms in 1986 and led the company to become one of the leading manufacturers in the world.
  • “We are pleased to welcome Randy back to our Board of Directors,” said AMMO, Inc. Chairman and CEO Fred Wagenhals.

(UPDATED) AMMO, Inc. and GunBroker.com to Exhibit at the 2023 SHOT Show® in Las Vegas

Retrieved on: 
Tuesday, January 3, 2023
SHOT Show, AMMO, POWW, Caesars Forum, Law enforcement, Firearm, GunBroker.com, Nightclub, Inc.

SCOTTSDALE, Ariz., Jan. 03, 2023 (GLOBE NEWSWIRE) -- AMMO, Inc. (NASDAQ: POWW, POWWP) (“AMMO” or the “Company”) the owner of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries, and a leading vertically integrated producer of high-performance ammunition and components, along with GunBroker.com, will be attending the 2023 SHOT Show, January 17-20, at The Venetian Expo and Caesars Forum in Las Vegas, NV.

Key Points: 
  • Attendees can visit AMMO|GunBroker.com at booth # 10351.
  • This year’s show in both The Venetian Expo and Caesars Forum will offer unique opportunities for attendees to experience first-hand the best in firearms, ammunition, law enforcement, and other related products and services.
  • “SHOT Show is a singular event given the enormous cross-section of the market in attendance.
  • For a full agenda, exhibitor information and to register for the 2023 SHOT Show, please visit shotshow.org .

AMMO, Inc. and GunBroker.com to Exhibit at the 2023 SHOT Show ® in Las Vegas

Retrieved on: 
Tuesday, January 3, 2023
SHOT Show, AMMO, POWW, Caesars Forum, Law enforcement, Firearm, GunBroker.com, Inc.

SCOTTSDALE, Ariz., Jan. 03, 2023 (GLOBE NEWSWIRE) -- AMMO, Inc. (NASDAQ: POWW, POWWP) (“AMMO” or the “Company”) the owner of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries, and a leading vertically integrated producer of high-performance ammunition and components, along with GunBroker.com, will be attending the 2023 SHOT Show, January 17-23, at The Venetian Expo and Caesars Forum in Las Vegas, NV.

Key Points: 
  • The SHOT Show is the world’s most comprehensive trade show for professionals from all 50 states and more than 100 countries.
  • These professionals include representatives from the shooting sports, hunting, and outdoor sports industries; along with government partners from law enforcement and the armed forces.
  • “SHOT Show is a singular event given the enormous cross-section of the market in attendance.
  • For a full agenda, exhibitor information and to register for the 2023 SHOT Show, please visit shotshow.org .