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MACE SECURITY INTL INC - MACE STOCK NEWS

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Mace Security International, Inc. (NASDAQ: MACE) is a globally recognized leader in personal safety and security. With over 40 years of experience, Mace® is known for its original pepper sprays. Manufactured in the USA, Mace® offers a wide range of security products, including pepper sprays, surveillance cameras, security DVRs, and CCTV equipment. The company recently announced partnerships to provide training and non-lethal safety products. With a focus on innovation and quality, Mace® continues to empower individuals and communities to prioritize personal safety.

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Mace Security International, Inc. has launched the s2 Salt + Mace® Brand Pepper Launcher, a revolutionary non-lethal firearm product with exceptional features. Developed in collaboration with Salt Supply , this .68 caliber pepper launcher offers industry-leading stopping power, range, and ease of use. Priced at $299.95, it is below competitors' prices. The launcher uses Mace® Brand pepper projectiles, delivering a cloud of irritant upon impact and breaking. It boasts a muzzle velocity of over 350fps and is durable and accurate, even in cold weather. The kit includes inert rounds for training and "Salt Kinetic" rounds for self-defense. Legal in all 50 states, no background checks or permits are required for carrying.

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Mace® Security International, Inc. and U.S. LawShield® have partnered to train 4,000 employees of a regional transit company, generating potential revenues of $24,000. Mace will provide self-defense products, and U.S. LawShield will offer pepper-gel training. Sanjay Singh, Mace Security International CEO, highlighted the importance of empowering individuals with safety education.

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Mace Security International expands its Q&A process with a virtual Investor Day on April 30, 2024, focusing on growth strategy and financial outlook. Sanjay Singh and Kunal Mehta will present strategic initiatives and growth drivers.
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Mace® Security International announces a virtual Investor Day on April 30, 2024, to discuss growth strategy, new ventures, and financial outlook. Sanjay Singh and Kunal Mehta will present strategic initiatives and growth drivers.
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Mace Security International (MACE) reported fourth-quarter 2023 net sales of $1,683,000, down 21% from the previous year due to a slowdown in retail impulse purchases. Gross profit rate decreased to 22%, leading to a loss of ($533,000) in adjusted EBITDA. The company raised $300,000 in Q1, 2024 to fund new sales initiatives. Year-to-date 2023 net sales declined by 25% compared to 2022, with a net loss of $4,431,000. Mace will host a virtual Investor Day to discuss its growth strategy and financial outlook.
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Mace Security International secures a $150,000 unsecured loan from a Board member to fund legal fees and new initiatives, including the Mace-Salt pepper ball launcher.
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Mace Security International, Inc. (MACE) signs a lucrative contract to provide training and products to a nationwide service company, expecting $300,000 in revenues. The partnership with U.S. LawShield aims to offer self-defense training to 26,000 employees, covering various topics.
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Mace Security International closes a non-brokered private placement of a convertible note, providing additional funding to reduce inventory levels and improve borrowing availability.
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Mace Security International, Inc. announced the resignation of Margaret D. Jordan from its Board of Directors due to time commitments and compensation concerns. CEO Sanjay Singh expressed appreciation for her service.
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Mace Security International, Inc. has entered into a Supply & License Agreement with Salt Supply, LLC for a range of .68 caliber products, including the new s2 Pepper Launcher. The partnership will offer a high-velocity 5-shot magazine launcher and an ultra-potent Mace Brand pepper plus tear gas projectile, targeting private security agencies, specialty retailers, gun owners, and e-commerce consumers. The products will be unveiled at SHOT Show 2024 in Las Vegas.
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FAQ

What is the current stock price of MACE SECURITY INTL (MACE)?

The current stock price of MACE SECURITY INTL (MACE) is $0.0173 as of November 22, 2024.

What is the market cap of MACE SECURITY INTL (MACE)?

The market cap of MACE SECURITY INTL (MACE) is approximately 1.3M.

What products does Mace Security International, Inc. offer?

Mace Security International, Inc. offers a wide range of security products, including pepper sprays, surveillance cameras, security DVRs, and CCTV equipment.

Where are Mace Security International, Inc.'s products manufactured?

Mace Security International, Inc.'s products are manufactured in the USA at their Midwest-based headquarters.

What recent partnerships has Mace Security International, Inc. announced?

Mace Security International, Inc. recently announced partnerships to provide training and non-lethal personal safety products for employees of a metropolitan transit company.

How long has Mace Security International, Inc. been in operation?

Mace Security International, Inc. has been in operation since 1970, known for being the original manufacturer of pepper sprays.

What is the focus of Mace Security International, Inc.?

Mace Security International, Inc. focuses on empowering individuals and communities to prioritize personal safety through their innovative security products.

MACE SECURITY INTL INC

OTC:MACE

MACE Rankings

MACE Stock Data

1.33M
66.60M
8.09%
0.32%
Security & Protection Services
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United States of America
Cleveland