POWW

AMMO, Inc. Announces Jared Smith as its New Chief Operating Officer/President

Retrieved on: 
Thursday, December 15, 2022
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With the successful closing of the Fiocchi sale, the time was right for both Jared and AMMO to see this union take place.

Key Points: 
  • With the successful closing of the Fiocchi sale, the time was right for both Jared and AMMO to see this union take place.
  • We couldn’t be more excited about adding Jared’s intellect, drive and experience to the senior management team.
  • We look forward to working hand-in-glove with Jared to strategically and markedly grow the ammunition business, while exposing Jared to the vast opportunities set before us with our GunBroker.com Marketplace,” concluded Mr. Wagenhals.
  • The Company was founded in 2016 with a vision to change, innovate and invigorate the complacent munitions industry.

AMMO, Inc. Announces Preferred Stock Dividend

Retrieved on: 
Friday, November 18, 2022
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The cash dividend will be paid on December 15, 2022.

Key Points: 
  • The cash dividend will be paid on December 15, 2022.
  • The Company was founded in 2016 with a vision to change, innovate and invigorate the complacent munitions industry.
  • AMMO promotes its own branded munitions, including its patented STREAK Visual Ammunition, /stelTH/ subsonic munitions, and armor piercing rounds for military use.
  • Third-party sellers list items on the site and Federal and state laws govern the sale of firearms and other restricted items.

AMMO, Inc. Reaches Settlement Agreement with The Urvan Group

Retrieved on: 
Monday, November 7, 2022
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SCOTTSDALE, Ariz., Nov. 07, 2022 (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 it has reached a settlement agreement (the "Agreement") with Steven Urvan and Susan Lokey (collectively, the “Urvan Group”).

Key Points: 
  • Pursuant to the Agreement, the Company will appoint Christos Tsentas and Wayne Walker to the AMMO Board of Directors (the Board).
  • We are pleased to have reached a constructive outcome with The Urvan Group, said Fred Wagenhals, AMMOs Chairman & CEO.
  • Pursuant to the Agreement, the Urvan Group has withdrawn its slate of seven nominees and agreed to vote all of its shares in favor of the Boards slate at the Annual Meeting.
  • The full agreement between AMMO and the Urvan Group will be filed by the Company on a Form 8-K with the U.S. Securities and Exchange Commission.

AMMO, Inc. and GunBroker.com are Title Sponsors of USCCA’s 2022 Concealed Carry & Home Defense Expo

Retrieved on: 
Wednesday, November 2, 2022
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SCOTTSDALE, Ariz., Nov. 02, 2022 (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, is the title sponsor of the U.S. Concealed Carry Association’s (USCCA) annual Concealed Carry and Home Defense Expo Nov. 11-13 at the Fort Worth Convention Center in Fort Worth, TX. The 2022 Expo is expected to draw 15,000 attendees who can participate in self-defense and training seminars, demonstrations and explore hundreds of new products from industry leaders in the exhibit hall. The event is free for USCCA members and $25 for non-members who pre-register.

Key Points: 
  • Concealed Carry Associations (USCCA) annual Concealed Carry and Home Defense Expo Nov. 11-13 at the Fort Worth Convention Center in Fort Worth, TX.
  • The 2022 Expo is expected to draw 15,000 attendees who can participate in self-defense and training seminars, demonstrations and explore hundreds of new products from industry leaders in the exhibit hall.
  • For a full agenda, exhibitor information and to register for the 2022 Concealed Carry & Home Defense Expo, please visit usccaexpo.com .
  • The Company was founded in 2016 with a vision to change, innovate and invigorate the complacent munitions industry.

AMMO, Inc. Sets Fiscal Second Quarter 2023 Earnings Call

Retrieved on: 
Tuesday, November 1, 2022
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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.
  • When requested, please ask for AMMO, Inc. Second Quarter 2023 Conference Call.
  • With its corporate offices headquartered in Scottsdale, Arizona, AMMO designs and manufactures products for a variety of aptitudes, including law enforcement, military, sport shooting and self-defense.
  • The Company was founded in 2016 with a vision to change, innovate and invigorate the complacent munitions industry.

AMMO, Inc. to Export 2.5 Million Rounds of .50BMG

Retrieved on: 
Wednesday, October 26, 2022
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With capacity being added out of the Companys new Manitowoc, WI plant on a weekly basis, AMMO was excited to favorably respond to and be awarded a contract to manufacture and deliver 2.5 million rounds of .50BMG and 1.8 million rounds of 7.62x51.

Key Points: 
  • With capacity being added out of the Companys new Manitowoc, WI plant on a weekly basis, AMMO was excited to favorably respond to and be awarded a contract to manufacture and deliver 2.5 million rounds of .50BMG and 1.8 million rounds of 7.62x51.
  • With its corporate offices headquartered in Scottsdale, Arizona, AMMO designs and manufactures products for a variety of aptitudes, including law enforcement, military, sport shooting and self-defense.
  • The Company was founded in 2016 with a vision to change, innovate and invigorate the complacent munitions industry.
  • AMMO promotes branded munitions as well as its patented STREAK Visual Ammunition, /stelTH/ subsonic munitions, and specialty rounds for military and law enforcement use via government programs.

AMMO, Inc. Newly Opened Wisconsin Plant Offers State-of-the Art Lab & Range Facilities

Retrieved on: 
Thursday, October 20, 2022
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ft. Wisconsin plant, AMMOs manufacturing team, led by Jim Mann (Vice President-Operations), took great care to incorporate a state-of-the-art multi-lane fully secured underground range facility, resting atop a world-class lab outfitted with best-in-class test equipment.

Key Points: 
  • ft. Wisconsin plant, AMMOs manufacturing team, led by Jim Mann (Vice President-Operations), took great care to incorporate a state-of-the-art multi-lane fully secured underground range facility, resting atop a world-class lab outfitted with best-in-class test equipment.
  • The new lab and secured range greatly expand and enhance the Companys testing and development capabilities.
  • The Company was formed to breathe life into a stagnant industry and the new plant, with its market-leading lab and range facilities, makes certain that founding mission remains well-defined and the target met each and every day.
  • The Company was founded in 2016 with a vision to change, innovate and invigorate the complacent munitions industry.

AMMO, Inc. Planned Launch of Proprietary eCommerce Payment Processing

Retrieved on: 
Monday, October 17, 2022
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The Company is pleased to announce it has targeted the launch of this new service for January 1, 2023.

Key Points: 
  • The Company is pleased to announce it has targeted the launch of this new service for January 1, 2023.
  • In partnership with a premier gateway accessing the major credit card issuers in real time, GunBroker.com proprietary ecommerce payment processing suite will allow the Company to control all transactional payment processing elements of the buying and selling of products offered on the GunBroker.com Marketplace.
  • The fee structure will be competitive within the market and include the other standard features users have come to expect and rely upon in their daily eCommerce interaction throughout the Internet.
  • More information will follow in the coming weeks as we prepare to launch this exciting new service to our valuable customers.

GunBroker.com Will Launch In-House Marketing & Data Analytics Suite Effective January 1, 2023

Retrieved on: 
Thursday, October 13, 2022
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Bringing the marketing and data analytics services in-house to curate and make available to manufacturers and volume sellers is another step in building upon the incredibly valuable Marketplace asset.

Key Points: 
  • Bringing the marketing and data analytics services in-house to curate and make available to manufacturers and volume sellers is another step in building upon the incredibly valuable Marketplace asset.
  • This is one of the many reasons why the Board and management targeted the acquisition of the GunBroker.com family of companies, said Fred Wagenhals, AMMOs Chairman & CEO.
  • With its corporate offices headquartered in Scottsdale, Arizona, AMMO designs and manufactures products for a variety of aptitudes, including law enforcement, military, sport shooting and self-defense.
  • The Company was founded in 2016 with a vision to change, innovate and invigorate the complacent munitions industry.

AMMO, Inc. New Plant Manufacturing .50 BMG (M33) High Accuracy AMMUNITION

Retrieved on: 
Wednesday, October 12, 2022
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SCOTTSDALE, Ariz., Oct. 12, 2022 (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, is pleased to announce it has begun both manufacturing and domestic distribution of its .50 BMG (M33) High Accuracy ammunition out of its newly opened Wisconsin plant.

Key Points: 
  • ft. state-of-the-art manufacturing facility was being constructed within budget and on schedule, AMMO continued its investment in manufacturing assets for deployment in the new plant to increase capacity and answer the bell for market demands.
  • One such example is the new .50 BMG manufacturing line now operating at the Wisconsin facility.
  • At current capacity and subject to product mix, AMMOs .50 BMG line is capable of generating an additional $80 million in annual revenue to the top line.
  • AMMO promotes branded munitions as well as its patented STREAK Visual Ammunition, /stelTH/ subsonic munitions, and specialty rounds for military and law enforcement use via government programs.