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AMMO, Inc. 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock - POWWP STOCK NEWS

Welcome to our dedicated page for AMMO 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock news (Ticker: POWWP), a resource for investors and traders seeking the latest updates and insights on AMMO 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock stock.

AMMO Inc is the owner of GunBroker.com, the online marketplace serving the firearms and shooting sports industries, and a producer of high-performance ammunition and components. They design, manufacture, and market ammunition products in the United States, with revenue primarily from the Ammunition segment.

News

AMMO, Inc. Sets Fiscal First Quarter 2024 Earnings Call

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AMMO, Inc. will release financial results for its fiscal first quarter 2024 on August 9, 2023, and will host a conference call for investors. The call will provide an update on corporate developments and include a question-and-answer session.
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AMMO, Inc. Issues Letter to Shareholders from Jared Smith, Chief Executive Officer

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AMMO, Inc. (Nasdaq: POWW, POWWP) has issued a letter to shareholders from CEO Jared Smith, outlining the company's recent developments and future plans. The letter emphasizes the commitment to transparency and alignment of management, the expansion of GunBroker.com, and the focus on improving margins and brand strength for the AMMO division.
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AMMO, Inc. Sets Fiscal First Quarter 2024 Earnings Call

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AMMO, Inc. (Nasdaq: POWW, POWWP) announced the release of financial results for its fiscal first quarter 2024 ended June 30, 2023, on August 9, 2023. The company will also host an investor conference call at 5:00 p.m. EST on the same day. Interested investors can join the call by dialing 1-866-777-2509 (domestic), 1-412-317-5413 (international), or via webcast at https://dpregister.com/sreg/10181137/f9fe467d45.
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AMMO, Inc. Announces Jared Smith as its New Chief Executive Officer

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AMMO, Inc. has announced Jared Smith as its new Chief Executive Officer. Smith, an industry veteran with 17 years of experience in the firearm and ammunition sector, will take over the position from Fred Wagenhals. Smith's appointment is expected to bring growth and innovation to the company.
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AMMO, Inc. and GunBroker.com Launch Video Podcast with GoWild July 13

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AMMO, Inc. Reports Fourth Quarter and Fiscal Year 2023 Financial Results

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AMMO, Inc. reported its Fourth Quarter and Fiscal Year 2023 results, with a decrease in net revenues and net loss compared to the previous year. GunBroker.com marketplace metrics also showed growth in revenue and new users. The company's CEO expressed confidence in navigating market challenges and highlighted the addition of a new executive team member.
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AMMO, Inc. Announces Fourth Quarter and Fiscal Year 2023 Earnings Call

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AMMO, Inc. Announces Preferred Stock Dividend

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AMMO, Inc. announces cash dividend for holders of Series A Preferred Stock
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AMMO Acknowledges Receipt of Urvan Lawsuit

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AMMO, Inc. acknowledges receipt of a lawsuit filed by Steve Urvan in the Delaware Court of Chancery. Urvan alleges fraudulent inducement to sell GunBroker.com to the company and seeks partial rescission of the transaction, monetary damages, and other relief. The company plans to vigorously defend itself.
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Ammo Inc. Board Authorizes Extension of Share Repurchase Plan

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AMMO, Inc. (Nasdaq: POWW, POWWP) has announced the extension of its share repurchase program by up to $30 million until February 2024. Previously, approximately $29.7 million was available under the plan. The buybacks will be conducted at the company's discretion in the open market or via negotiated transactions, subject to market conditions. The program aims to enhance shareholder value and may be suspended at any time. AMMO operates GunBroker.com, the largest online marketplace for firearms, emphasizing high-performance ammunition production and responsible gun ownership.

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FAQ

What is the current stock price of AMMO 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock (POWWP)?

The current stock price of AMMO 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock (POWWP) is $21 as of November 6, 2024.

What is AMMO Inc known for?

AMMO Inc is known for being the owner of GunBroker.com, an online marketplace for firearms and shooting sports industries, and producing high-performance ammunition.

Where does AMMO Inc operate?

AMMO Inc operates in the United States, designing, manufacturing, and marketing ammunition products.

What are the revenue sources for AMMO Inc?

The majority of revenue for AMMO Inc comes from the Ammunition segment where they design, produce, and market ammunition and ammunition components.

Who can be contacted for investor relations at AMMO Inc?

For investor relations at AMMO Inc, you can contact Matt Blazei at CORE IR at 516-386-0430 or ir@ammo-inc.com.

What is GunBroker.com?

GunBroker.com is a marketplace under AMMO Inc that serves the firearms and shooting sports industries.

What products are offered by AMMO Inc?

AMMO Inc offers ammunition products and operates the GunBroker.com marketplace.

How can GunBroker.com be reached?

You can contact Allen Forkner, Vice President of Public Relations and Brand Management at GunBroker.com, at allen.forkner@gunbroker.com or 402-672-7615.

Who is the Chief Operating Officer at Gearfire?

Chad Seaverns is the Chief Operating Officer at Gearfire. You can reach him at ChadS@gearfire.com or 480-696-4300.

What non-GAAP financial measures are provided by AMMO Inc?

AMMO Inc provides a reconciliation of GAAP Net Loss to Adjusted EBITDA. For more details, contact CORE IR at 212-655-0924 or ir@ammo-inc.com.

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AMMO, Inc. 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock

Nasdaq:POWWP

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POWWP Stock Data

1.40M
Aerospace & Defense
Ordnance & Accessories, (no Vehicles/guided Missiles)
Link
United States of America
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